Asset theft is top economic crime in China

Asset theft is top economic crime in China

Friday, February 28, 2014 – 10:07

China Daily/Asia News Network

CHINA – China’s economic crime rate may be lower than that of the world, but many companies in the Chinese mainland are extremely concerned about bribery, corruption and procurement fraud, according to a PwC survey released on Thursday. Read more of this post

China’s Leaders Take Aim at Internet Security

China’s Leaders Take Aim at Internet Security

Xi, Other Top Communist Party Officials to Helm New Committee

PAUL MOZUR

Updated Feb. 27, 2014 11:04 a.m. ET

BEIJING—China’s government appears to be tightening its grip on online discourse with the formation of an Internet-security committee led by top Communist Party officials. Read more of this post

3D Systems Prints Everything But Money

3D Systems Prints Everything But Money

SPENCER JAKAB

Updated Feb. 27, 2014 4:33 p.m. ET

It is appropriate that a movie starring molded blocks of polymer, “The Lego Movie,” is tearing up the box office. Three-dimensional printing, a technology that can turn plastic and other materials into almost anything, has been a runaway hit on Wall Street recently. Read more of this post

Pimco’s Gross Defends Competitive Culture

Pimco’s Gross Defends Competitive Culture

Allianz is ‘Very Happy’ with Pimco’s New Management Structure

GREGORY ZUCKERMAN and KIRSTEN GRIND

Feb. 27, 2014 8:20 p.m. ET

Bill Gross isn’t changing his style—and his bosses say they are fine with that.

The co-founder of bond behemoth Pacific Investment Management Co. on Thursday defended its competitive culture, saying in an interview that the trading floor can’t thrive on “sweet talking” alone but that the firm is still a family of sorts. Read more of this post

South Korea’s Growth Model; Seoul pushes domestic deregulation over export promotion

South Korea’s Growth Model

Seoul pushes domestic deregulation over export promotion.

Updated Feb. 27, 2014 6:01 p.m. ET

Japan’s Abenomics may be struggling, but at least economic reform isn’t dead in Asia. Witness South Korea, where President Park Geun-hye is proposing a reform package that could be a model for the region and many other parts of the world. Read more of this post

Lego Looks to Build in China; Danish Toy Maker Looks to Replicate Success Enjoyed in West

Lego Looks to Build in China

Danish Toy Maker Looks to Replicate Success Enjoyed in West

NICLAS ROLANDER

Feb. 27, 2014 5:34 a.m. ET

Lego A/S, pressured by stagnant toy demand in mature markets, is sharpening its focus on emerging economies, where hundreds of millions of potential customers have yet to buy the company’s interlocking bricks. Read more of this post

Is China Set For A Japan-Style Lost-Decade?

Is China Set For A Japan-Style Lost-Decade?

Tyler Durden on 02/26/2014 22:00 -0500

“The extent of unproductive investment in China today is much greater than was the case for Japan at a comparable phase of development,” warns Deutsche’s EM strategist John-Paul Smith, and one glance at the chart below suggests China is tracing an ominous path towards the same “lost-decade” that un-inspired Japan since the mid-80s. While the PBOC is less interested in goosing its own stock market (since ownership is so low), Chinese stocks (down 60% from 2007 highs) “seem to be saying that there is a significant risk of a major slowdown.” Read more of this post

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