The Middle Kingdom's Magic Kingdom
As a third and less involved party, Beijing has indirectly put Shanghai and Hong Kong in a highly competitive…
Wealth at Home, Tourists Outbound
Chinese outbound tourism has skyrocketed over the past decade, and might grow even more in 2011. From 1990 to…
Two Systems, Same Fraud
If competition is fierce, one may experiment different solutions: price and cost reduction, wider distribution, more targeted advertising. But,…
Yuan in New York
You should not “think the unthinkable” to understand the negotiability of the Renmimbi in New York. Since this week,…