We suggest checking out the following links:
Beijing Olympics: More at Stake than Gold Medals – The China Business Review gives Olympic corporate sponsors a sensible heads-up about the possible risks related to the games. One example: If China takes home the most medals, it may ultimately “lose” favorable international public opinion
Asian Investor: India’s chance to overtake China – “India usually competes with China for investor attention, but the country appears to be holding its own ground, thanks in part to concerns about the overvaluation of China shares.”
BusinessWeek: Subprime Fears Pelt Asia’s Markets – Quoth Morgan Stanley’s Stephen Roach: “If the U.S. consumer falters, China is going to feel it.”
Tencent Tech: Dianping Secures Second Round Funding – Revenues of RMB 10 million in 2007 – expects tripling of that figure in 2008 and IPO in three years. Won’t name sum raised or investor.
Tencent Tech: China Mobile Filter to Block 50% of SMS Spam – But isn’t a lot of the spam sent by China Mobile?
Netease: CNNIC: China Internet Users Reach 210 mln – An increase of 73 million year on year
Sina Tech: Government to Protect Domestic Gaming IPR – GAPP will push for new measures to protect domestic online gaming IPR
Reuters: China drought underlines hydropower reliance risks – “”The Australian example shows how risky hydropower is, from the point of view of droughts,” said CLSA analyst Simon Powell.”
BusinessWeek: Private Equity’s New Tool for Asia – “Operational investing, which aims to generate returns by improving operations, is effective and more likely to win support from Beijing”