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Perhaps Bitcoin is stronger and more resilient than its critics have suggested, as the virtual currency has seemingly bounced back after critical statements were issued by the Chinese government. Five Chinese government agencies, including the People’s Bank of China, Ministry of Industry and Information Technology, China Banking Regulatory Commission, China Securities Regulatory Commission, and China
China has created a 72-hour transit visa waiver. The transit visa waiver allows a traveler arriving at a designated airport to stay within a specified geographic area for 72 hours (counting from when the visa waiver is granted by border control authorities, not from when the flight lands). Designated Airports Designated airport Specified geographic area Effective date
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U.S. Vice President Joe Biden visited the U.S. Embassy in Beijing yesterday. He gave a brief speech in front of the press and applicants waiting in line for their visa interviews. Part was typical glad-handing: “If you come to Washington, tell them you spoke to me here and I promise you’ll be able to get
The post VP Biden’s Visit to Beijing Embassy Highlights Need for Immigration…
When you hear private equity managers in North America or Europe say the magical words of “adding value,” it’s usually safe to interpret as cost-cutting or some variation of that to achieve leaner operations. But in China, private equity firms almost never “add value” by cutting costs. They may do something
When you hear private equity managers in North America or Europe say the magical words of “adding value,” it’s usually safe to interpret as cost-cutting or some variation of that to achieve leaner operations. But in China, private equity firms almost never “add value” by cutting costs. They may do something
Jeroen de Groot, Metro’s newly appointed China president, recently revealed to the Chinese local media that Metro will accelerate its expansion in China through both owned real estate and leasing models. Unlike Wal-Mart and Carrefour, who focus on leasing in China, Metro has been sticking to its owned real estate model. This model helped the
Now that we’re sliding into the cold and flu season, a quick post on medicine seems entirely warranted. I’ll start off with a personal anecdote. The other morning, I woke up with a headache. The heat has been on for only a few weeks, so my rapidly-aging body is still adjusting to the suddenly desiccated environment. One result is that a morning headache is fairly normal this time of…
Netizens in China’s capital city have purchased more so far this year from online shops than from traditional department stores. From January to September 2013, Beijing’s Internet retail sales reached CNY63.73 billion, exceeding the retail sales of traditional department stores, and the sales accounted for over 10% of the total retail sales in Beijing for
