Category Archives: Business and Finance

We’re in the middle of a heat wave here in Beijing, and there’s nothing so refreshing as kicking back with a cold one. So it’s not exactly welcome news to learn that 95% of China’s domestically-produced beer contains formaldehyde, much … Continue reading →

Blocking the sun on a bus. Riding a bus in Beijing during the summertime is not necessarily the kind of pleasant experience one expects out of mass transit. Even if you aren’t worried about tanning your carefully nourished white skin, … Continue reading →

Siemens has announced layoffs in its mainland mobile phone business. Earlier this week it was rumored that up to 80% of its salesforce would be cut, and although Siemens denied this number, workers in Beijing came out to protest yesterday. … Continue reading →

“I am aware of no credible evidence that” an increase in the value of the yuan relative to the U.S. dollar “would significantly increase manufacturing activity and jobs in the United States” which some “mistakenly believe”. [Emphasis added] Those are … Continue reading →