Daily Archives | China
New Rules in China’s Twitter
May 17th, 2012
READ MORESina Weibo is a Chinese micro-blogging website considered and hybrid of Twitter and Facebook. It is one of the most popular sites in China, in use by over 30% Internet users. This month the site will introduce new rules. The …
MF Platform to Close
May 4th, 2012
READ MOREWokai was a relevant Chinese nonprofit microfinance platform based in California. It used the web to help users provide small loans to Chinese people in rural and impoverished areas and support their business. In five years of operation it achieved …
Manufacturing Recovery in China
May 2nd, 2012
READ MOREAccording to China’s official sources manufacturing activity continued to recover in April. The index of purchasing managers’ sentiment rose to 53.3 in that month from 53.1 in March. Index readings of more than 50 points indicate expansion in the manufacturing …
Titanic Reloaded
May 1st, 2012
READ MOREThe famous British passenger liner has an enduring fascination particularly in the 100th anniversary of its sinking. Clive Palmer, one of Australia’s richest men has commissioned a Chinese company to build a new version of the famous vessel. The construction …
ConocoPhillips to Pay Over Oil Spills
May 1st, 2012
READ MOREConocoPhillips Company is an American multinational energy corporation based in Houston, Texas. In a press release it said that, months after agreeing to a $160 million settlement, it will pay an additional $191 million to China over 2011 oil spills. …
Gaming Boost in Asia
April 26th, 2012
READ MORELas Vegas Sands, one of the most relevant casino operators in the world, informed that its profits in the first quarter boosted thanks to a surge in gaming revenues in the United States and Singapore. In the three months to …
Apple Doubles its Profits
April 26th, 2012
READ MOREAs we have mentioned in previous posts Apple is now the most valuable company in the world. According to CNN Money in the last quarter it doubled its profits thanks to record sales of its signature product: the mobile phone …
Inequality of Wealth in China
April 25th, 2012
READ MOREIn 1978 the Chinese government launched major reforms than have boosted economic growth since then. The country’s economy has grown at an average of 10%. Over the last decade it has surpassed France, the United Kingdom, Germany and Japan and …
Microinsurance Reaches 500 Million Persons
April 17th, 2012
READ MOREA new report published by the International Labor Organization assures that the number of microinsurance schemes has increased substantially over the five past years. The document, titled Microinsurance Compendium, Protecting the Poor says that “the number of people covered by …
Starbucks Keeps Growing
April 16th, 2012
READ MOREAccording to a note published by CNN News Starbucks Stock is trading at an all time high and provides a big jolt to many investors’ portfolios. The stock may continue to grow thanks to new product launches and the expansion …