The Economist has issued its latest Big Mac Index which uses the price of McDonald's hamburgers to compare international currencies. The fast food dish is a funny but apt international measuring stick, since its 31,000 stores in 119 countries make it a widespread global phenomenon. But all those burgers are telling essentially the same story, at least as it relates to China: the yuan is severely undervalued. That might be bad for foreign economic competition,......

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From Al-Jazeera:The UN has said that emerging economies face challenge in achieving growth without damaging the environment. Tony Cheng reports on Chinese factory workers in Henan province, paying a high price for the country's push to go green.......

We know that this sounds like an April fool, but China could be facing a rice shortage. No, seriously. We told you a few days ago about KFC upping their prices; now the cost of the other staple in Shanghaiist's diet, rice, could be facing a hike due to fears over supply. For the moment, the government has frozen the price of rice — as well as that of other goods such as cooking oil......

Honestly, when China threw a shitfit after German chancellor Merkel met the Dalai Lama, we really didn't give a hoot, in part because we've given up on seeing our dream of Tibetan secession realized in our lifetimes. But one thing you might not have known is that this diplomatic contretemps spilled over to affect our fair city. There was supposed to be a week long symposium sponsored by Der Spiegel at the Duolun Museum......

The Chinese Academy of Social Sciences recently published a report about how much income you need in order to be classified as white-collar in various Chinese cities. At the top of the list was Hong Kong, where you needed to make at least 18,500 RMB. As for some of the other cities:The benchmarks in some major cities at the upper end are: 8,900 yuan ($1,194) in Macao, 5,350 yuan ($717) in Shanghai, 5,280 yuan ($708)......