Author: crosby

China’s economy is starting to feel the affects of the recent deaths from the new bird flu strain. Bloomberg reports that Air China ltd.’s stock fell 12 percent. China Resources Land ltd. fell 3.2 percent. This is very concerning because the virus just started appearing in Poultry Plants and there hasn’t been proof of human-to-human… Continue reading China’s Economy Feeling Effect of Bird Flu →

A BBC report says that the Chinese have become the largest source of global tourism income spending $102 billion abroad in 2012. The report from the UN World Tourism says that this increase is due to higher incomes, looser travel restrictions, and a strengthening currency. These are all very good economic signs for China. It… Continue reading Chinese Tourists Spend More than Anyone →

The Chinese Military has released a training video game to the general public to promote patriotic values. BBC News reported that the game, released a few months ago, has been downloaded more than a million times. The article also says that the game is a propaganda tool used to recruit more soldiers into the military.… Continue reading Chinese Military Releases Video Game →

Nestle announced that they plan to build a coffee center in China’s Yunnan province according to a report from China Daily. The Switzerland-based company will spend 100 million yuan or $15.97 million to build a coffee farming institute, warehouse, and laboratory. The institute will provide training to 5,000 coffe farmers, agronomists, and business professionals each… Continue reading Nestle Plans to open Coffee Center in China →

Yang Jiechi, a member of China’s state Council, announced yesterday that he spoke with United States Secretary of State about enhancing mutual trust between Beijing and Washington and work toward establishing a “new kind of big-power relationship” according to China Daily. Kerry responded by saying that the United States values its relationship with China and… Continue reading China and US enhancing mutual trust →

China Mobile Ltd. has announced that it will team up with Vodafone Group Pic to bid for the mobile license in Myanmar according to a report from Bloomberg. This is a landmark joint venture between the two biggest wireless companies in the world. A number of investors are looking to tap the 64 million person… Continue reading China Mobile teams with Vodafone for Myanmar License Bid →