Everything seems bullish in China, indeed. Many things that is absolutely weired and abnormal looks normal, that is so called what a magic land. Southern Metropolis Daily, one venerable media in Guangzhou,asked primary school kids (6-yearr old) what their dreams are and what they want to be when they grow up: here is one answer [...]
The Shanghai Composite Index, the world’s worst performer in past 20 dealing days, may temporarily fall more according to the report of sustainable economic recovery. Former Morgan Stanley Asian economist Andy Xie, well known as a bearist in China, said the index “should be 2000 or less” which is another 25 percent lower from this position. Authorities [...]
It is normal for VC and PE to lose money, they can say that is must-pay tutor fee. Here are few main reasons why venture capital fail in China.
Almost all Chinese students have to learn English in order to communicate and understand the whole world, however, nowadays more and more Chinese (who can perfectly speak in English) start to review their motherland in “English way”. Hopefully here the article will help you understand the magic land. Seventy things I learned in China, in no particular [...]
NCTY, one of the biggest Chinese gaming company, reported that Q2 ’09 revenue declined 32% to about $40 million while the company swung to a loss of about $12 million from a gain of $14.5 million in Q2 ’08, The9 lost its license to run the “World of Warcraft” in China few months ago so [...]