China Economic ReviewA much-hyped TV sex talk show has been pulled from the air before even its first broadcast, state media reported. "The Mask", a show giving individuals the chance to raise and debate issues relating to their sex lives, had been due to debut on January 1. Producers had promoted it as a vehicle for the […]
It's official 80% of Chinese people are "happy", according to a survey by the Chinese Academy of Social Sciences. However, not all agreed with the great news according to the South China Morning Post. Many respondents on the academy's website dismissed the survey, one calling it "nonsensical". Many questioned how people can be considered satisfied […]
A new subsidiary of China Aviation Oil (CAO) began procuring jet fuel, despite an ongoing criminal investigation into huge trading losses at the Singapore-listed firm. China Aviation Oil Trading Pte Ltd (CAOT) was created in the wake of revelations that CAO, one of the main importers of jet fuel for the Chinese market, had collapsed […]
Fast food chain McDonald's announced it was moving its China headquarters from Hong Kong to Shanghai. The move is intended to bring the company closer to mainland consumers, improve its understanding of the market and enhance its responsiveness to changing demands, the company said. The company said the move would also help boost its market […]
Beijing Media Corp Ltd, publisher of the Beijing Youth Daily, formally began its initial public offering on the Hong Kong exchange. In a statement, the company said it would sell 47.74 million shares to the public in the offering, or 25.02% of its total. The IPO, the first by a Chinese media company, is being […]