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Category Archives: Business and Finance
Playboy mansion for Macao – but will anyone go?
Playboy to open a mansion in Macau. Also, casinos worry as mainland Chinese authorities slow down visa processing.
Posted in Business, Business and Finance, Magazines
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How to donate money to a bank
In Southern Weekly (南方周末), Hong Er (弘二) writes about his difficulties closing a Minsheng Bank (民生银行) account.
Posted in Business and Finance, Newspapers
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China’s “gray” economy: what about the handjobs?
Busted at the hair salon Sohu.com reports on a new study finding that urban residents in China enjoy 4.4 trillion renminbi in “gray” income. “Gray income” includes any income that is (a) illegal, (b) “the rational merit of which is … Continue reading
Posted in Business and Finance
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The Family will talk to Rupert
The Wall Street Journal reports:
Dow Jones & Co.’s 125-year history as an independent media company could be nearing an end.
The Bancroft family, which controls 64% of the company’s voting power, said in a statement late yesterday that it would meet with Rupert Murdoch’s News Corp. to discuss its $5 billion bid for Dow Jones, publisher of The Wall Street Journal. The family also said it would consider other bidders and options for the company.
The statement also noted that the Bancroft family has decided that ‘the mission of Dow Jones may be better accomplished in combination or collaboration with another organization, which may include News Corp’.
Danwei recently published a letter from most of the Journal‘s China journalists asking the Bancroft family to turn down Murdoch’s bid.
Posted in Business, Business and Finance, Media and Advertising, Media and business gossip, Media business, Newspapers
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Toxic Evian?
On May 17, China refused a shipment of five shipping containers of bottled Evian water, made by Groupe Danone (达能). 娃哈哈
Posted in Business and Finance
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An American apprentice barber in Fuzhou
70 hours a week for 24 cents an hour Benjamin Ross is an American blogger, originally from Kansas City, now working for a month as a trainee (学徒) at a barber shop in Fuzhou and writing about 7 work day … Continue reading
Posted in Blogs, Business, Business and Finance, Internet, Media and Advertising
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What would Guanyin do?
W.W.G.D.: What would Guanyin do? asks an op-ed in the Mirror.
Posted in Business and Finance, Newspapers
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MySpace China launches, Wendi officially on board
MySpace China launched today, and The Wall Street Journal has published a piece by Jason Dean that reveals some details about the company: • “In a departure from the way other big foreign Internet companies have entered China, MySpace China … Continue reading
Posted in Business and Finance, Internet, Media and Advertising, Media and business gossip, Media business
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Stock market trembles at a fake People’s Daily editorial
Guo Guangdong (郭光东) writes about a widely-circulated, fake People’s Daily editorial blasting the stock market.
Posted in Business and Finance
Tagged fake news, Guo Guangdong, People's Daily, stocks
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Aussie newspaper kills story about Rupert Murdoch’s wife
Wendi Deng: ”She, a woman who has already worked miracles, might she be the future Queen of Media?’ We won’t find out anytime soon, thanks to a decision by Good Weekend to quash a profile of Rupert Murdoch’s wife. This article, originally published on Crikey, is republished here with permission of the author.
Posted in Business and Finance, Magazines, Media and Advertising, Media and business gossip, Media business, Newspapers
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