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China's 'Rent-a-Foreigner' industry is booming

2015-04-29 02:14:59| Real Estate - Topix.net

Foreigners are being hired to pose as celebrities by Chinese real estate developers to help agents sell property in "ghost towns" by making them appear more animated and worldly, according to a new mini-documentary released by the New York Times . Thanks to China's overzealous property development, the supply of luxury apartment complexes in some of China's most rural areas has far exceeded demand.

Tags: industry booming chinas chinas industry

 

Mercedes G-Wagen latest victim in China's clone wars

2015-04-28 22:03:29| Auto Dealers - Topix.net

Last week at the Shanghai auto show, Land Rover was coming to terms with selling the Range Rover Evoque alongside its half-priced Chinese clone, the Land Wind X7. Not to be outdone, Beijing Automotive Industry Holding Co.

Tags: latest wars mercedes victim

 
 

China's wine rise continues as vineyard area pips France

2015-04-28 16:43:00| Daily beverage news and comment - from just-drinks.com

China has overtaken France as the country with the second largest area under vine, new figures have shown.

Tags: area france rise continues

 

China's stocks surge on state firm merger hopes

2015-04-28 04:54:49| Oil & Gas - Topix.net

China stocks jumped to fresh seven-year highs on Monday, led by heavyweights such as China Petroleum & Chemical Corp and PetroChina Co Ltd on expectations that Beijing will accelerate mergers among state-owned enterprises . China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing looks to overhaul the vast underperforming state sector, state media reported on Monday.

Tags: state firm stocks hopes

 

VIDEO: China's biggest car show opens

2015-04-21 06:24:59| BBC News | Business | UK Edition

More than 23 million vehicles were sold in China last year, but as the Chinese economy slows, so has demand for new cars.

Tags: show video car biggest

 

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