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  1. Chinese luxury shoppers to top Japanese

    Posted Oct 27th 2005, 12:00am by Mark O'Neill

    ... by Chinese of all nationalities outside the mainland, which makes them the third-biggest market after Japan, with 41 per cent, and the United States, at 17 per cent. Official French forecasts said Chinese would catch up with Japanese by about 2015. About 40 chief executives of the 69 firms that constitute the Comite Colbert, which represents France's most prestigious brands in fashion, ...

  2. It is broke, so let the foreigners fix it

    Posted Oct 22nd 2005, 12:00am by Mark O'Neill

    ... Outsiders' wishful thinking for fundamental reforms on the mainland often remains just that, from Rupert Murdoch's premature claim 12 years ago that satellite television constituted an 'unambiguous threat' to authoritarian regimes 'everywhere' to remarks this week by Christopher Cox, chairman of the United States Securities and Exchange Commission, that 'the ...

  3. Yang Rong files suit against Liaoning in US

    Posted Aug 15th 2003, 12:00am by Mark O'Neill

    ... from the Liaoning provincial government for assets he says it stole from him, his lawyer said yesterday. Mr Yang's lawyer, former United States congressman Jim Slattery, a partner ... of the state constitute a 'commercial activity' and certain other connections with the US are satisfied. Under this exception, the foreign state acts not as a regulator of a market ...

  4. The mainland public defenders who want to reform the system

    Posted Sep 08th 2009, 12:00am by Mark O'Neill

    ... found guilty of intentional assault but released because of her mental state. The two Xias, and a local legal team subsequently hired to represent her in court, helped to save Deng's life. ... into difficulty. But I hope that they spread like prairie fires, fanned by the wind,' he said. The best known of these lawyers is Xu Zhiyong, one of the founders of the Open Constitution Initiative ...

  5. State backing fuels spending spree

    Posted Jul 29th 2009, 12:00am by Mark O'Neill

    ... week, Premier Wen Jiabao said Beijing would use these reserves to support overseas acquisitions. Chinese companies, especially the government-owned, enjoy strong support from state banks, which ... assets,' he said. This month, Beijing Automotive Industry Holding offered Euro660 million (HK$7.3 billion) for a 51 per cent stake in Opel, the European unit of GM. The US carmaker rejected the bid ...

  6. China's rising reserves are a growing problem

    Posted Nov 29th 2004, 12:00am by Mark O'Neill

    ... earn a meagre 2 per cent in interest every a year and help finance the budget deficit of its most important global competitor, the United States. Is this the wisest use of its new found wealth? ... director of the State Administration of Foreign Exchange, said that while the US dollar would remain the main currency for China's reserves, his agency had recently bought more European, ...

  7. Shanghai investors welcome second batch of state shares

    Posted Jun 21st 2005, 12:00am by Mark O'Neill

    ... of non-tradable state equity into the stock markets, although anxiety persists over the huge volume of new shares set to flood the exchanges. The Shanghai Composite Index closed 2.76 per cent higher after the China Securities Regulatory Commission (CSRC) named 42 firms, the second batch of companies authorised to sell state-owned and legal-person shares, most of which have been non-tradable since ...

  8. Diving star's commercial splash rocks ship of state

    Posted Feb 14th 2005, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai While United States film and music producers want China to be punished for violating their copyright, one of its top divers is fighting for his own, part ... or the state? The NSA expelled Tian, sending him back to his provincial team in Shaanxi, saying that he had broken its rules by hiring an agent and negotiating deals on his own, instead of going through ...

  9. Dispelling Oxford blues

    Posted Sep 27th 2005, 12:00am by Mark O'Neill

    ... Studying in the United States means not only learning the business culture of the world's biggest economy, but also the possibility of settling there and bringing your family ... in institutes of higher education in the United Kingdom and that the number of visa applications and visas granted was growing year by year. The consulate gets 7,500 inquiries a year about education. ...

  10. Record trade surplus raises ire of foreign partners

    Posted Oct 10th 2005, 12:00am by Mark O'Neill

    ... Mark O'Neill Ahead of a week with major trade and economic talks with the United States, a senior Chinese official warns that the price of its record trade surplus is rising friction with its partners. Wang Shichun, director of the Fair Trade Division of the Ministry of Commerce, said that two-thirds of the 29 trade investigations against China this year had been launched ...




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