Truemors
China says yes to free markets, no to free currency regime
President Barack Obama on his tour to China has approached a very cautious approach. While raising issues of contention between the two nations, he has been subtle in his own right. He agreed to the... 
Dollar Supremacy To Be History
We who follow this sort of economic news see a continuing stream of such stories. Yesterday, I watched as Larry Kudlow of CNBC, a cable business channel, got irate. What caused his ire? A guest, a responsible... 
China Internet addict beaten to death in rehab
A sixteen-year-old Chiness teen, Deng Senshan was beaten to death during a treatment for internet addiction. Three supervisors, who allegedly beat the boy were arrested, and the case is still under... 
Falling on Deaf Ears
"This is original material copied from my own blog.Falling on Deaf Ears The Taiwanese are no stranger to taking to the streets as seen in 2006 when they campaigned against the corruption of then president Chen Shui-bian. In 2008 the KMT returned to power with 81 out of... 
Geithner Says China Manipulates Its Currency
Tim Geitner, who is currently in confirmation hearings to be Barack Obama's Treasury Secretary, signaled that the administration will take a confrontational approach to China's currency manipulation yesterday when he openly accused the Chinese of manipulating the Yuan. The...
Shanghai infrastructure placed in the fast lane
I am in Shanghai these days. Seeing all the construction around, I am quite wary of the way the city is shaping up, demolishing old neighbourhoods and going highrise. This bit of news about the city's investment... 
created by rumana husain | 1 year ago | updated 1 year ago
269 views | 15 recommendations | 3 comments
269 views | 15 recommendations | 3 comments
Monsoon link to fall of dynasties
"The demise of some of China's ruling dynasties may have been linked to changes in the strength of monsoon rains, a new study suggests. The findings come from 1,800-year record of the Asian monsoon preserved in a stalagmite from a Chinese cave. Weak - and therefore dry -...
Chinese FM Leaves Peru On Emergency Call From Home
" China's Finance Minister Xie Xuren was called back from an international economic conference in Peru before the meeting began, following orders from Beijing to help resolve problems at home, an organizer of...
Beijing hotel room rates plummet
A number of Beijing hotels are cutting down their room rates by 20-50% for the Olympic period. Originally, hotel owners were hoping to capitalize on the Olympics buzz by hiking up their room rates. Now, they are...
created by Yuliya Talmazan | 1 year ago | updated 1 year ago
624 views | 0 recommendations | 5 comments
624 views | 0 recommendations | 5 comments
Asia underground market awaits iPhone
Pirated mobile market all over Asia is eagerly awaiting for the launch of latest iPhone as Apple Inc.officially rolls out its newest iPhone in Asia on Friday. Pirates are already working out for making fake of the latest model. In India lot of people of use iPhone although...
Money makes the political world go 'round
It's "all change" in the currency world today, in what some might read as a commentary on political popularity."China's greatest Communist icon, Chairman Mao Zedong, will be dropped from new 10 yuan (75p)...
Relief Money Used for Nike Runners
Can you believe this? Staff at a branch of ICBC, the biggest bank in China, used relief fund to buy themselves 56 pairs of Nike runners. Misappropriation of funds had always been a concern, but you would have...
Driving in China: Don't slow down to enjoy the scenery, you might get fined
Drivers traveling over the world's longest sea bridge in China are getting fined - because they are slowing down to take in the view and disrupting the flow of traffic. The bridge, which is 22.4 miles long, is a...
China to increase military spending
If the "experts" mentioned below are to be believed, the actual money to be spent on China's military could be as high as $180 billion USD. That's a pretty sizeable chunk of change to spend on salaries, oil, and...
created by Jarrett Martineau | 1 year ago | updated 1 year ago
211 views | 0 recommendations | 0 comments
211 views | 0 recommendations | 0 comments
