Georgia McCafferty Whether stunning collectives of 20 plus buildings, like the Nanjing Sifang Art Park, or singular architectural marvels, such as the Long Museum West Bund, Shanghai, the construction of private art museums is booming in China. Driven by the expanding number of Chinese billionaire art investors hoping to leave a cultural legacy, government and […]
Why China fixed the yuan higher against the dollar
Leslie Shaffer China’s central bank Friday guided the yuan higher against the dollar by the fastest pace this year, leaving some analysts puzzled by the size of the move. The People’s Bank of China (PBOC) set the mid-point of the dollar-yuan trading band at 6.4905, its strongest level so far this year. The pace of […]
Why China fixed the yuan higher against the dollarChina could win World Cup within 10 years, says Sven-Göran Eriksson
Ex-England manager says huge investment starting to pay off as Xi Jinping vows to turn China into footballing superpower China could lift the World Cup within a decade, former England manager Sven-Göran Eriksson has claimed, as Xi Jinping pushes on with his football revolution. The Chinese president, lionised by Communist party spin doctors as a […]
China could win World Cup within 10 years says Sven-Göran ErikssonChina Maintains Respect, and a Museum, for a U.S. General
By JANE PERLEZ CHONGQING, China — Early in his tenure as commander of the United States’ World War II mission in China, Gen. Joseph W. Stilwell expressed a grudging fondness for the damp, ramshackle capital deep in the country’s southwest that would be his base for the next several years. “Chungking isn’t half bad when […]
China Maintains Respect and a Museum for a U.S. GeneralWhy China’s super-rich send their children abroad.
BY JIAYANG FAN a crisp Sunday morning in November, Weymi Cho picked me up at my hotel, in downtown Vancouver, in her new car, a white Maserati GranTurismo with a red leather interior. She had slept only two hours the night before. A new karaoke machine had been installed in her apartment, a four-million-dollar condo […]
Why China’s super-rich send their children abroad.China says it’ll have a meltdown-proof nuclear reactor ready by next year
FIONA MACDONALD China has announced that it’ll be bringing a nuclear power plant online in 2017 that’s immune to meltdown. Consisting of next-generation, twin 105-megawatt reactors, the plant doesn’t rely on complex, external systems to regulate its temperature – such as the kind that failed at Fukushima – and, in theory, it shouldn’t ever overheat. […]
China says it'll have a meltdown-proof nuclear reactor ready by next yearTruffles went from pig food to treasure in China
China’s hunger for luxury foods has led to demand for home-grown fungi and a new opportunity for farmers Perhaps the most unusual food experience I had in China recently – as well as deep-fried scorpion and sliced yak’s penis – was sliced black truffle in a village near Kunming city, Yunnan province, south-west China. The […]
Truffles went from pig food to treasure in ChinaChina National Chemical to buy Syngenta
Kim Hjelmgaard and Kevin McCoy Government-owned agrochemical firm China National Chemical on Wednesday announced an all-cash proposal to buy Swiss rival Syngenta for $43 billion In a deal expected to improve China’s food production. The proposed transaction marks the largest proposed foreign takeover by a Chinese company in history, and represents the latest of several […]
China National Chemical to buy SyngentaKung Fu Panda 3 In China $40M+
‘Kung Fu Panda 3’ In China At $40M+ Through Saturday; Eyes Record Animation Debut by Nancy Tartaglione Kung Fu Panda 3 opened Friday in the Middle Kingdom, day-and-date with the U.S release, and industry estimates have it at 107M yuan, or $16.3M for the first day. Unofficial numbers from today lift the current cume to […]
Kung Fu Panda 3 In ChinaThe secret history of GM’s Chinese bailout
Quartz When US taxpayers footed a $50 billion bill for the bailout of General Motors in 2009, few could have guessed that the biggest of the Detroit “Big Three” (GM, Chrysler, Ford) would go on to import Chinese cars to the United States. Yet just seven years after its publicly-funded and highly-politicized rescue, GM says […]
The secret history of GM’s Chinese bailout