After finding and correctly guessing a bankcard password, a Guangxi man was sentenced to 5 years in prison for fraud

| June 17th, 2014
image courtesy of arabian gazette

image courtesy of arabian gazette

After correctly guessing a found debit card’s PIN number and indulging in a spending spree, a Guangxi man was sentenced to 5 years in prison Xinhua News reported on June 17.

Su Mou apparently found the lost bankcard at a Nanning roadside. The Guangxi man went to a Dongxi City Agricultural Bank of China ATM and, after several failed attempts at guessing the card password, Su finally got it right. He transferred 450,000 yuan to [...]Read more…

Two Chinese men accused of smuggling U.S. military sensors

| June 16th, 2014
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image courtesy of South China Morning Post

Two Chinese men allegedly bought and tried to smuggle U.S. Military sensors out of the United States South China Morning Post reported on June 16.

Bo Cai, 28, and Wentong Cai, a 29-year-old graduate student in Iowa, were both arrested after being caught in an undercover sting operation. They are facing charges of smuggling goods and violating the Arms Export Control Act, which requires that certain items being shipped to China, Syria and Sudan have [...]Read more…

Beijing man sues Yao Ming over fish oil pill

| May 15th, 2014
image courtesy of china.org.cn

image courtesy of china.org.cn

A Beijing man is suing Yao Ming for endorsing an apparently misleading health food product, according to china.org.cn.

Feng Changshun is seeking 500RMB from a Beijing retail chain for allegedly exaggerated the benefits of By-Health fish oil capsules, and requested $0.01RMB from spokesperson Yao Ming for his involvement. Beijing’s Xicheng district court will hear the case.

“(The lawsuit) is symbolic. I want (Yao Ming) to admit to infringements of my rights,” he said.

Feng is suing [...]Read more…

Man, alpaca enjoy joyride in Jilin

| April 20th, 2014
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A Changchun City man and his alpaca went for a joyride on the evening of April 16.

The man drove a black sport utility vehicle east on Xi’an Road in Changchun City- the capital of Jilin province in northeastern China- while the alpaca sat in the passenger seat, enjoying curious looks from rush-hour travelers. The alpaca’s looks were used to drum up business for a local store, according to China Daily, and the “special guest” drew quite a crowd.

Please enjoy these [...]Read more…

How much are multinational companies dependent on China?

| April 21st, 2012
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From Netease:

Report on Wednesday said, the ambitious Starbucks is continuously expanding in China, but customers staying in Starbucks not leaving is a major obstacle of expanding in China – “Customers love these shops too much, they sit there for hour after hour, and sometimes without buying any coffee at all.”  In fact, although these multinational companies have amazing rate of expanding in China, looking at the sales numbers comparing with total global sales, China is still relatively a small market, [...]Read more…

Who was behind the panic buying of salt?

| April 2nd, 2011
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From Netease: translated by Roy

Last 2 weeks, some cities in China were running short on salt due to the earthquake in Japan. March 17, salt in some supermarket was snatched within an hour. People felt depressed facing the empty salt shelf.

The earthquake in Japan caused the nuclear crisis. With the rumors like “Iodized salt can protect people from radioactivity”, “Chinese salt will be polluted by radiation.” spreading on the Internet and cell phones, people in China all joined into the [...]Read more…

British Media coined “Peking Pound” for Extravagant Chinese Purchases and High stakes Gambling Abroad

| January 2nd, 2011
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(IFENG)

The big bucks Chinese spend overseas every year reaches staggering numbers. Last year reportedly 56% of Chinese purchases of luxury goods occur abroad, totaling 13,000 million USD. British Media coined a new word—“Peking Pound” for Chinese huge purchasing power. The casinos overseas, also add Chinese in their VIP lists.

British “Peking Pound” splurged £1bn in sales of luxury goods

According to the British Daily Mail reported on 28th December, 2010, wealthy Chinese tourists are expected to spend a billion pounds on luxury [...]Read more…

Chinese people don’t like cheese?

| July 16th, 2010
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Did someone say the Chinese didn’t like cheese? A recent article in the Global Times features Beijing native Liu Yang who hopes this isn’t true. While Liu isn’t the only cheese maker in Beijing, news agencies have been swarming his story, a tale that begins with an average computer science career and ends amid smelly cheese vats.

Read more…

Growing trend of China’s Internet video landscape

| June 21st, 2010
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China’s Internet Video landscape is growing in a fast pace as the major video sharing sites like Youku and Tudou becoming popular in Chinese people’s daily digital lives. These sites are not only served as user based video sharing networks, unlike Youtube, large number of the Chinese people actually watch their favorite TV show and movies on these sites. Issues of copyrights aside, the Hulu-like business model actually opened up a lucrative market for the Chinese companies. At the [...]Read more…

The annoying “vuvuzela” horns at the 2010 South Africa World Cup are all made in China

| June 18th, 2010
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(photo by Xihua reporter 杨磊)

(From 002china.com) Currently the hottest news topic around the world is probably the World Cup. Other than the excellent performances by the teams of various countries, the most talked about subject is perhaps the loud horn noise that fills up the entire stadium from the beginning to the end of each match. These long plastic horns called vuvuzela are causing heated discussions internationally because of the high decibel noises they make.

Although the Chinese team did [...]Read more…

Advertisement in university exam!

| March 25th, 2010
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From img.ly:

China’s booming economy in the recent years has dramatically changed its image and its people’s mind set. Chinese people have commercialized their way of life. All kinds of advertisements and commercials can be found in every street corner in China. From the flyers on the telephone poles to the giant LCD screen on the tallest building in the city, everyone seems to have something to sell to this potentially the largest consumer market.

And who says Chinese people are [...]Read more…

Proposal of issuing RMB 500 yuan bills

| March 13th, 2010
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From Netease:

China Net March 11 reports, the largest denomination of RMB is too small, 100 yuan notes can no longer meet the rapid growth of economy. CPPCC national Committee member, Chairman of the Board at Hong Kong Yu Zhen Holding Group Co. Ltd. Chen Zhendong (陈振东) submitted a proposal at the CPPCC National Committee yesterday that the time for issuing 500 yuan RMB notes has come.

The rumor of 500 yuan design which has been on the Internet since [...]Read more…

Chinese farmers are “growing houses” instead of growing food

| December 18th, 2009
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What is this picture about? Why is this poor woman being blocked out by hundreds of Chengguan (City Urban Administrative and Law Enforcements)? [Netease] On December 17, Wuhan City organized over 800 law enforcement officers to forcefully demolish nearly 40,000 square meters of illegal buildings that are near the Wuhan City to Huangshi City railway construction site. The phenomenon of local famers rushing to “grow houses” is very common.

What does “growing houses” mean?

It is yet another unique phenomenon in China, [...]Read more…

The disaster of “Chimerica” – Can both sides be losers?

| December 14th, 2009
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In early 2007, Niall Ferguson coined the term “Chimerica” to describe the economic relationship between the United States and China. At first, in 2007, Ferguson said Chimerica “seemed like a match made in heaven” – the Chinese did the lending, the Americans the borrowing. China and the US accounted for 40 percent of global growth from 1998 to 2007.

Read more…