Macy's (M) Shelves Internet Expansion Plans In China, But It Isn't Worried About Slowing Chinese Economy
Sino-Macy's relations will require a bit more study, the giant American retailer says, before it expands its online ventures in China.
Chinese Art Auction Houses Welcome Golden Week With Biggest Sales Ever, Competing With Sotheby's and Christie's
For Golden Week, two Chinese art auction houses offer biggest sales ever to compete with international houses.
China's Building Boom Sees Ancient Capitals In Heavy Debts To Rebuild Historical Landmarks
China's building boom has spread to ancient capitals, and red balance sheets often came with it.
The World Toilet Carnival Is The Highlight Of This Week's World Toilet Festival, Promoting Sanitation For The 2.5 Billion People Without Facilities
Some 2.5 billion people around the world do not have access to a toilet. The World Toilet Summit is trying to change that.
Myanmar's Proactive Invitation For Foreign Direct Investment (FDI) Shadowed By Anti-Muslim Violence
Continued sectarian violence could seriously damage foreign investors' confidence in the Southeast Asian nation.
China's Food Challenge: Demand Rises As The Nation Becomes Wealthier, While Domestic Supply Dwindles
With demand on the rise and domestic supply sliding, China is leaning heavily on imports for its food supply.
Burma Blackout: Only 30% Of Myanmar's Population Has Access To Electricity
Only 30 percent of the nation's population has access to electricity, but foreign entities are beginning to pitch in to change that.
China's Proposed Inheritance Tax Meets With Widespread Disapproval
Not many is on board with the new tax, and if the government doesn't at least revise it, more Chinese could be moving abroad to evade the tax.
Half Of Myanmar's Jade, Worth Billions Of Dollars Each Year, Is Smuggled To China Without Taxes
Billions of dollars of revenue, instead of improving the lives of the Burmese, are trickling across the border to China.
Shanghai Free Trade Zone (FTZ) Unlikely To Dethrone Hong Kong As World's Gateway To China, At Least In Short Term
But in the long term, Hong Kong may need to up its game before the FTZ catches up.
Myanmar's Jade Trade, A Lucrative But Deadly, HIV-ridden Industry
The world’s primary jade source is also home to 500,000 heroin-addicted miners, most of them HIV-positive.
China's One-Child Policy: Lucrative Revenue Source For Provincial Governments
Nineteen Chinese provincial governments collected $2.7 billion in baby fines last year.
'I Invite Foreign Firms To Join The Gold Rush To Myanmar,' Says Foreign Minister
Myanmar leaders and experts speak to the type of "responsible investment" that is needed in the world's next frontier.
Shanghai Free Trade Zone Unveiling Spikes Area Real Estate Prices 30% in Two Weeks
Shanghai home prices that were already on the climb this year just leaped 30% in two weeks on the free trade zone news.
Laos Needs 70,000 More Skilled Foreign Workers And It Also Needs To Train Its Domestic Workforce
The Southeast Asian nation needs to bring 70,000 more skilled foreign workers to keep up with growth.
Danone (BN) Medical Nutrition Unit Under Investigation For Alleged Bribery In China, Third Time For The Company In Two Weeks
Those are just a few of the bribing methods Danone is under investigation for in China.
U.S. Manufacturing Jobs Show Growing Signs Of Improvement As China's Role As The World's Labor Force Ebbs
Many U.S. firms are shifting manufacturing operations back to American soil, owing to China's rising wages.
China's Lifting Ban On Facebook (FB) And Twitter In Shanghai Free Trade Zone (FTZ) Unlikely To Spread To The Rest Of The Nation, Analysts And Netizens Say
Facebook and other media outlets will be available in the Shanghai Free Trade Zone, but most Chinese Internet users will not and should not hope to benefit.
China's Richest 20% Make 67 Times More Than Its Poorest 20%, Benefiting Largely From Gray Income, Now 6.2 Trillion Yuan Or 12% Of China's GDP
So-called gray income is one reason China has one of the biggest gaps between wealthy and poor, and the inequality is only getting worse.
China To Develop As Much As 5% Of Ukrainian Farmland, Some 3 Million Hectares, In Its Biggest Overseas Agricultural Project To Date
Ukrainian officials stressed, however, that this is not a sale, noting that Ukrainian law prohibits the sale of land to foreigners.
China's Rich Now Ordering Genetically Superior Designer Babies Through American Surrogacy
A genetically superior, or at least genetically screened, baby with American citizenship is the latest luxury for China's upper class.
Myanmar Sees Huge Foreign Direct Investment (FDI), But American Companies Still Lag Behind
Myanmar has seen a lot of foreign investment as of late, but not so much from the U.S. just yet.
China's New Anti-Gossip Defamation Regulation Results In First Arrest, A 16-Year-Old Boy
Surprisingly, it's not an activist or an influential VIP blogger, but a teenage boy.
Apple (AAPL) Products Now Officially Sold In Myanmar, But The Black Market Has Been Selling Them Long Before
Apple products are now available in Myanmar through authorized resellers, but they had been offered there long before in the black market.
China Will Publish A Monthly List Of Its Most Polluted Cities And Will Rein In Coal Consumption
China is intent on getting its pollution problem under control and that includes public shaming.
Myanmar's Music Industry, After Decades Of Plagiarizing Popular Foreign Artists, Is Beginning To Repent
Myanmar's plagiarizing music industry has for decades thrived on popular Western songs remakes, but it must now consider the implications.
China Home Prices Rose To Highest This Year In August, Cooling Measures More Likely
Home prices in China's largest cities have risen at a solid, double-digit rate, on a year-over-year basis.
UK Hopes To Export Chicken Feet To China, Adding 15 Percent To Revenue Each Bird Earns
Rather, just the feet, are being exported to China, which could prove a profitable trade for the U.K.
China's Local Government Debt Estimated Around 20 Trillion Yuan ($3.3 Trillion), Rivals Germany's GDP
The combined debt of China's local governments now roughly equals the European nation's gross domestic product.
China May Need To Tax Properties To Keep Home Prices From Rising Even If It Curbs Economic Growth
A property tax seems inevitable for China's major cities, but levying such a tax could cost the nation some of its economic growth.