Rushing to join: China’s Party membership does not necessarily mean better job prospects

Rushing to join: China’s Party membership does not necessarily mean better job prospects

Feb 22nd 2014 | BEIJING | From the print edition

UNIVERSITIES in China are home to a strange mix of political emotions. To the Communist Party’s deep concern, many young lecturers have little enthusiasm for Marx, whose ideas are still officially supposed to “guide” intellectual life on campuses. Many students, by contrast, are desperate to join the Communist Party; recruitment levels are at an all-time high. Ideology plays little part.

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China’s Local-government debt: Bridging the fiscal chasm; Fancy infrastructure is one example of local-government largesse. Which province is deepest in debt as a result?

China’s Local-government debt: Bridging the fiscal chasm; Fancy infrastructure is one example of local-government largesse. Which province is deepest in debt as a result?

Feb 22nd 2014 | HONG KONG | From the print edition

CHINA’S provincial administrations are often referred to as “local” governments. But the phrase does not do them justice. The province of Guangdong, for example, boasts more than 105m people and a GDP worth more than $1 trillion. Only 11 countries (including China itself) have a bigger population and only 15 have a larger economy. Read more of this post

S. Korea’s Park vows to rebalance export-led economy

Updated: Tuesday February 25, 2014 MYT 12:14:11 PM

S. Korea’s Park vows to rebalance export-led economy

SEOUL: South Korean President Park Geun-Hye unveiled Tuesday a three-year plan to rebalance the export-reliant economy, investing US$3.7bil on start-ups, boosting domestic spending and getting more young people and women in the workforce. Read more of this post

As head of the world’s largest jewelry group, billionaire entrepreneur Henry Cheng Kar-shun displays his love for Chinese jewelry and antiques in his spacious executive office.

Keeping it in the family
Imogene Wong
Monday, February 24, 2014
As head of the world’s largest jewelry group, billionaire entrepreneur Henry Cheng Kar-shun displays his love for Chinese jewelry and antiques in his spacious executive office.

His office is adorned with delicate antiques, ranging from a white jade lion and porcelain from the Ming Dynasty and the earlier Northern Song Dynasty of 1,000 years ago, to various Chinese ink paintings, along with a large aquarium. Read more of this post

China’s New IPO Regime — Manipulation or Emancipation? CSRC Suspends IPOs Until “Two Sessions” in March

China’s New IPO Regime — Manipulation or Emancipation?

2014-02-24 18:05:39

Peter Fuhrman, Chairman and CEO China First Capital

In English we use the phrase ” bee in one’s bonnet” to explain someone with an obsession for a particular point of view. In Chinese, a similar idiom is 挥之不去, meaning you can’t wipe out the stain. Read more of this post

Peugeot Citroen Deal Shows French Families Need to Think Global

PEUGEOT CITROEN DEAL SHOWS FRENCH FAMILIES NEED TO THINK GLOBAL, SAYS BUSINESS EXPERT

ARTICLE | 21 FEBRUARY, 2014 03:09 PM | BY JESSICA TASMAN-JONES

The recapitalisation of French family business PSA Peugeot Citroen sends a message to other family firms that they need to join forces with foreigners to survive in the modern world, says a business and corporate governance expert based in France. Read more of this post

348 creditor suits against Shanghai steel magnates in 28 days

348 creditor suits against Shanghai steel magnates in 28 days

Staff Reporter 

2014-02-25

The troubles of China’s steel industry have culminated in charges filed by creditor banks against some industry leaders, notably Xiao Jiashou and Zhou Huarui. Read more of this post

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