Luxury goods in China | If you’ve got it, don’t flaunt it | Economist.com – The Beijing Administration for Industry and Commerce, the local market regulator, added that ‘there is a problem with certain advertising not conforming to the demands of socialist spiritual civilisation.’
XFN: China Internet penetration 62 pct of world avg, still much upside – official – ‘Penetration is currently at 62 pct of the world’s average level,’
China in Transition: More Foreigners Working in China – “Nearly 180,000 foreigners were registered as working in China by the end of 2006, double the number three years before”
Telegraph: Baidu bowls Google a fastball – Baidu wants to launch in Europe — does that make any sense? Also, Alibaba is planning a US$1b IPO
Bloomberg: Amazon.com Plans More Spending in China, Fastest Growing Market – The Chinese e-payment model: “The company allows cash-on-delivery payment in more than 330 Chinese cities.”
Fast Company: The Next Cultural Revolution – How many times can cultural revolution be used in a headline? Fast Company on China’s ‘creative class’
AP: China bars new Internet cafes – Beijing cracks down on net culture.
CNET News: China’s new weapon: Low executive pay – Top Chinese executives make half or less of what their US counterparts make.
About Offshoring: Information vs. Disinformation – China trumps India at outsourcing, according to this blogger, although he notes an FT article on India’s Tata Consultancy Services that suggests the opposite.
Reuters: China newspaper ad salutes Tiananmen mothers – The Chengdu Evening News runs an ad that pays tribute to “the strong mothers of June 4 victims”–a slip-up in the ad department or a statement of defiance?