CHINA

What is the real reason behind Chinese inflation?

China maintains yuan's peg to the dollar by continually purchasing dollars in the open market, which means that China has to buy more ad more dollars as the U.S. currency gets weaker. And here is the role of the U.S. Federal Reserve in exacerbating Beijing's concerns.
Internet Connection

Internet Kill Switch Not Possible In The U.S.

Since the Egyptian government shut down the Internet for days in the wake of protests, some have asked if the U.S. government could set up an Internet kill switch to cut off access -- either to stop people from communicating or protect the country from cyber attack.
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People dressed as aliens

Suggesting A Protocol For Calling ET

If people on Earth want to talk to aliens, we may have to change our tune - or at least the way we broadcast it. And we may need a crowd to help figure out what to do.
China to vet inward M&A deals for national security

COLUMN: How the US can create jobs by improving China trade

Now that all the hype and the hoopla of Chinese President Hu Jintao’s visit to the United States are over, the same basic commercial question remains unanswered: How can American companies create more jobs for Americans by selling more American goods and services in China?
Analysis: Price boom puts palm oil on emerging markets' radar

Analysis: Price boom puts palm oil on emerging markets' radar

Palm oil output and stocks, already lagging robust demand due to rains in top Southeast Asia producers, could be made worse should the cooking ingredient become the next target for emerging markets seeking to buy big and dampen adverse effects of booming world food prices.
Wind Turbine

Clean Energy and Stem Cell Research among China’s science goals for 2020

The Chinese Academy of Sciences (CAS), the leading science research organ in the Asian country, has announced a decade-long program in applied scientific research titled Innovation 2020 that lays special emphasis on four key areas, namely space science, information technology, energy and health.
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LVMH record year fuelled by growing China appetite

LVMH , the world's biggest luxury group, posted a 13 percent rise in fourth-quarter comparable sales boosted by Chinese shoppers' growing appetite for luxury goods and a steady rise in discretionary spending.
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Estee Lauder, Elizabeth Arden top expectations

Estee Lauder Cos Inc and Elizabeth Arden Inc topped profit expectations and raised their fiscal year forecasts as sales jumped overseas while parts of the U.S. cosmetics market remain under pressure.
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As art market booms, some see the risk of bust

At the top end of the art market, the financial crisis seems a distant memory -- surging prices saw Christie's and Sotheby's post impressive 2010 results that were back to, or above pre-crisis levels.

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