CHINA TOPIX

12/22/2024 04:16:40 pm

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Michael A. Katz

Xiaomi boss

China Mobile Reports Falling Sales, Profits

The world's largest telecommunications company by subscriber reported declining profits for the fifth consecutive quarter, and a drop in sales for the first time in five years.

high speed train

China Looks To Sell High-Speed Trains to California

China is reportedly looking to sell high-speed passenger trains to the state of California with an eye on a bullet train project that will shuttle passengers between Los Angeles and San Francisco in less than three hours.

iCloud

China Accused of 'Malicious' Attack on Apple's iCloud

An anti-censorship watchdog has accused the Chinese government of conducting a "malicious" man-in-the-middle attack on Apple's iCloud data, saying that messages, photos and contacts "have been compromised."

WFP

WFP: China Must Do More to Help Worldwide Fight Against Ebola

Where are the Chinese billionaires? The United Nations' World Food Programme (WFP) says that China's wealthy and its major corporations are not pulling their weight in the fight against Ebola.

bullet train

China Expected to Supply Mexico with High-Speed 'Bullet' Trains

China will likely begin supplying Mexico bullet trains through a consortium of four Chinese companies and four Mexican firms. It would mark the first time China has exported its high-speed trains.

smog

China to Use Shame, Penalties to Punish Polluting Carmakers

The Chinese government plans on using a combination of production limits and shame against automobile manufacturers that don't meet fuel mileage requirements.

Huawei

Huawei Sales on Pace to Fall Short by $1.8 Billion

Chinese telecommunications giant Huawei is on pace to fall $1.8 billion short of its own 2014 revenue forecasts based on the first-half sales estimates of CEO Guo Ping.

adolf

Breaking Baden: Hitler Was a Meth Head

The German leader used crystal meth, and 73 other drugs, according to an upcoming documentary from U.K. broadcaster Channel 4.

wealth

China's Mainland Millionaires Expected to Double

China now has 1 million millionaires, whose membership numbers could double over the next five years.

walnut

Chinese Walnuts Worth More Than Gold

Chinese farmers are making a fortune selling walnuts, which are used as hand masssagers among the elite, and can fetch as much as $26,000 for a pair.

Ebola

Chinese Firm Looks to Fasttrack Ebola Cure

Sihuan Pharmaceutical Holdings Group, which has close ties to the Chinese military, is seeking approval for a drug that it claims can cure Ebola.

Costco

Costco Opens for Business in China

Costco announced that it is opening an online store in China through Alibaba Group's Tmall online marketplace.

Ebola

Ebola For Sale - The Website, That Is

An opportunistic domain squatter is looking to capitalize on the Ebola epidemic by selling the rights to the website Ebola.com for what he says is a "reasonable" $150,000.

Traders Behaving Badly

Traders Quit After Bank Bans Bad Behavior

After introducing a policy of punishing traders who exhibit improper behavior, Deutsche Bank has seen some of its top talent walk out the door.

export import China

Trade Data Eases China's Growth Concerns

Despite struggling to maintain its GDP growth rates for much of the year, China reported much higher-than-expected export and import data for September.

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