Chasing the Chinese Dream
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YIWU, China -- For more than three years, Khaled Rasheed and his family spent the nights huddled in fear as bombs exploded near their home in Baghdad. Like generations of would-be emigrants before him, he dreamed of a better life elsewhere. But where?
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In China, a sprawling lakefront is redeveloped with an eye toward the past.
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While Chinese athletics were striving for gold at the Athens Olympics, Chinese companies and international firms are competing for the business chances offered by the Games.
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As a child, Lin Ju lay in bed at his parents&#39; home in the Fujian province of China and dreamt of representing his country in the Olympic Games. Yesterday at the Galatsi Hall, the venue for the table tennis competition, that dream came true almost exactly ...
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SHANGHAI -- From his posh office in a coastal city in eastern China, millionaire Zhou Jiaru oversees more than 100 workers at an auto parts refurbishing factory he purchased in a struggling manufacturing town on the other side of the world.
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ZHUOZHOU, China  - Zhang Yulong and his brothers thought they'd be rolling in cash if they'd been able to borrow from a bank to finance a string of business ideas.
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A success both on and off the track, Sunday&#39;s Chinese GP showed Formula One there is life outside Europe. Rubens Barrichello roared from pole position to claim an historic win at the first-ever Chinese Grand Prix on Sunday.
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While celebrating unprecedented success at the Athens Olympics, China has its sights firmly set on the Beijing Games in four years when they hope to present the country&#39;s new face to the world.
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Need capital? China's here to help. Just ask Morgan Stanley.
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When China's late leader Deng Xiaoping dreamt up the "one country two systems" formula for Hong Kong, he had a bigger prize in mind: Taiwan.
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(InfoWorld) - "I have sent my wife across there because she understands the language," The Financial Times reported News Corp. Chief Executive Officer Rupert Murdoch saying. "There" is China, and he sent Wendi Deng "across" to try to avoid the pitfalls that have ensnared other Western Internet ventures, including News Corp.'s. I had to laugh when I read that, after I stopped shaking my head in disbelief. After knocking on China's door for years, Mr. Murdoch has clearly learned nothing. Sending a representative who carries no portfolio for the company except a wedding ring isn't going to impress anyone in China, regardless of where she was born or what language she speaks. That "send the Chinese guy" strategy worked so well for Yahoo Inc. they no longer own their China unit and their coffers are $1 billion lighter. The one- or two-day "parachute" approach so many CEOs use isn't any better. Fortune 500 CEOs pay lip service to their and their companies' commitment to China on a daily basis, and it's wearing thin, especially on the Chinese. "We're in it for the long-term," "we're here to stay," "China is such an important market for us" -- stop me when you've heard enough, because people here certainly have. If foreign companies are committed to the Chinese market, then it's time to demonstrate that in a meaningful way. The CEOs need to lead a China initiative the same way they would back restructuring, going green, or any other major corporate project. Today I issue the China CEO Challenge: as CEO of a non-Chinese company, show your commitment to the China market by moving here for a year. Establish your personal headquarters in a major Chinese city (Hong Kong doesn't count). Business travel is permitted, but for one year, your home and office are here. For extra credit, have your board meetings in China too. My guess is that if Eric Schmidt parked it in an office overlooking the Bund or the Forbidden City for a year, China's perspective of Google would change and vice-versa. He should spend some time trying to use his company's sites on a regular ADSL connection, and slamming his fist against the desk when some of them are blocked. When pictures of him sitting at the corner shop slurping down beef noodles start showing up in local newspapers, it'll win hearts and minds. I'd bet the first CEO to do this will be European. There was a rumor a couple of years ago that Volkswagen's CEO was going to spend half the year in China and half in Germany, but it never happened. The opportunity is still there. If the U.S. or European or your other home market is more important, that's fine. But then stop saying how committed you are to China because sitting in the same traffic, using the same Internet connections, and eating the same food is the real price of admission.
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The ties between Wall Street and Chinaâs surveillance industry are starting to draw Washingtonâs attention.
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By Carol Cain, Detroit Free Press  Sep. 18--With so many big companies looking to China to grow their businesses, it's natural that small firms would want a piece of the pie.   David Hemmings has made it his job to at least supply them with the ingredients.
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Many big companies have sought to break into the Chinese market, but few of them have been as ardent and unrelenting as Rupert Murdochâs News Corporation.
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ANTING (China) - Booming demand is not only turning China into the world&#39;s fastest growing car market, but it is also pushing the country to develop vehicles that run on alternative fuels.
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SHANGHAI -- For entrepreneur Gary Wang, the next new thing in China is a place where the country's growing middle class, or "couch potatoes," can watch free videos to their hearts' content. His company's Web site, Tudou (Chinese for potato), has become insanely popular insanely fast -- more than 15...
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Eager for stable friends, China is making big loans for big projects, competing with the World Bank at its own game.