Issue released date: Nov 25th, 2009

Fun China Issue 05--"Party", "Golf", "Great Wall", "Auto", "Coke","Bank"

Foreword

"Party", "Golf", "Great Wall", "Auto", "Coke","Bank"

Issue Content

Nonstop party-The surprising persistence of Chinese communism - The Boston Globe

Posted by Faith on Nov 24th, 2009

ARRIVING IN CHINA last week as part of his multi-country Asia trip, President Barack Obama echoed many of the same themes as George W. Bush, Bill Clinton, and George H.W. Bush before him. He saluted China’s ancient and dynamic culture, touted the intricate links between American and Chinese businesses, and vowed that Washington and Beijing would work to prevent any conflict from erupting between them. Calling China a “majestic country,” Obama vowed that “The notion that we must be advers...

 

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Golf in China is go - Telegraph

Posted by Faith on Nov 24th, 2009

It is chilly and wet back home in Sichuan province, but Chen Ming cheerfully tees off in shorts on a sunny palm-lined golf course on the southerly Hainan island.

 

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Obama, the Great Wall, and Nixon’s Ghost | Foreign Policy

Posted by Faith on Nov 25th, 2009

Not since Tricky Dick's historic 1972 trip to China has any U.S. president's visit been truly groundbreaking -- but both the U.S. and Chinese media strove to add drama to Obama's recent Beijing foray, in radically different ways.

 

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Saab Retreat Hits China's Auto Ambitions - BusinessWeek

Posted by Faith on Nov 25th, 2009

Koenigsegg Group’s decision to walk away from a deal to buy Saab is not just a blow to GM, which now probably has no choice but to shut down Saab completely, and the automaker’s workers. It’s also a setback for China’s auto industry’s global ambitions. Beijing Automotive Industry (BAIC) had been one of Koenigsegg’s partners in the Swedish sports-car maker’s proposed acquisition; under the terms of an MOU signed in September, the Chinese company was going to be become a minority sha...

 

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Coca-Cola aims to triple China sales - FT.com / Companies / Food & Beverage

Posted by Faith on Nov 25th, 2009

Coca-Cola is planning to more than double its number of bottling plants in China in the coming decade as part of its aim to triple the size of its sales to the country’s rapidly emerging middle class.

 

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China banks prepare to raise capital - FT.com / Companies / Banks

Posted by Faith on Nov 25th, 2009

China’s banks are preparing to raise tens of billions of dollars in additional capital to meet regulatory requirements following an unprecedented expansion of new loans this year, according to people familiar with the matter.

 

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