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China's largest dealer body pushes back against foreign automakers over huge inventories

2015-01-05 14:44:58| Auto Dealers - Topix.net

Do not think for a second that automakers forcing inventory on dealers in order to pad the numbers is a ruse known only in the US. Stories of individual brands have hinted at the trouble Chinese dealerships are having trying to move units as the country's economic growth remains hot but comes off the boil, like the one revealing that 95 percent of Toyota-FAW showrooms are losing money.

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Revenues double at China's Xiaomi

2015-01-05 03:22:50| BBC News | Business | UK Edition

China's Xiaomi said it more than doubled its revenue in 2014, just a week after it was named the world's most valuable tech start-up.

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This new app takes a swipe at Chinas worst polluters

2015-01-04 13:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: When Chinese environmental advocate Ma Jun realized that no one was going to take responsibility for the crippling smog that plagues his country, he decided to take matters into his own hands. His idea: encourage citizens to start pointing their fingers at the problem. Literally. Manufacturers have been reaping the rewards of China`s new industrial economy, while ducking the consequences of fouling up its air. So Ma and colleagues built a live-updating map that shows exactly where individual polluters...

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Big winners in China's stock market boom

2015-01-01 10:46:10| IT Services - Topix.net

Alibaba Group's U.S. stock offering was a wakeup call about an emerging wave of technology giants in China's state-dominated economy. Until now, Chinese companies that made a splash in global stock markets were state-owned banks and oil companies.

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The two faces of China's giant coal industry

2015-01-01 01:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The world's newest carbon citadel rises up between the blasted deserts of Inner Mongolia and the coal-black lands of Shaanxi province. Ordos is a city that few outside China know. But the future of global emissions, and global warming looks increasingly more likely to be set in industrial powerhouses like this than in the negotiating halls of Copenhagen. While the world's countries struggle to reach a treaty to defeat climate change, Chinese miners and scientists here are ramping up production...

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