On Wednesday, the People’s Daily online deleted a story and 55-photo slide show that named Kim Jong-un, the young, chubby ruler of North Korea, as the “Sexiest Man Alive of 2012.”
Three billion dollars is almost triple the entire 2011 Black Friday sales of e-commerce sites in the United States.
The Chinese e-commerce giant Alibaba shocked the web last week with the news that its subsidiaries Taobao (like a Chinese eBay) and T-mall (like Amazon) sold a massive $3.06 billion in product in a single 24-hour period.
More men from Shanghai than those in other parts of the country want women to split the bill.
A recent survey in Shanghai polled around 44,000 eligible men and women in China found that some Shanghai guys out on their first date expect their women to split the bills!
Taiwanese entrepreneurs have begun to seek market opportunities outside the U.S. in the phenomenon called the reverse brain drain.
Many foreign entrepreneurs clamor at America’s gates to get a piece of the innovation incubator of Silicon Valley. But Jerry Chang, a serial entrepreneur and Taiwanese immigrant, has done what most hopeful incomers would consider the unthinkable and taken his business offshore. In 2009, he established mobile payment company Mobile Radius. Rather than found the company in the U.S., let alone his native Taiwan, Chang decided to take his business to China. To many, his decision is a surprising one. Chang does not face the typical obstacles most immigrant entrepreneurs encounter. He acquired U.S. citizenship over two decades ago and has significant experience in the tech field. His first company, Clarent Corp., had boasted a client list of big-named companies like AT&T Worldnet, China Telecom, and Telstra.
What’s expected to be the world’s fastest supercomputer at 20 petaflops (peak performance) was launched by the U.S. China has announced it is building a machine intended to be five times faster when it is deployed in 2015, IT World reports.
Lee Yangang and his wife, Wang Lu, emigrated to Sydney, Australia, from Beijing.
Chen Kuo, at 30 years old, had what many Chinese dream of: her own apartment and a well-paying job at a multinational corporation. But Ms. Chen, in mid-October, boarded a midnight flight for Australia to begin a new life with no sure prospects.
Futurist Thomas Frey: Yesterday I had the privilege of speaking at a conference on the “Future of Mobility” in Shanghai, China. The event was produced by the very forward thinking people at Lanxess, a German-based chemical company that broke ground the day before on a new facility to expand its already significant base of operation in Shanghai.
All eyes have been on Google and it’s self-driving car prototype. But while that has been happening, a Chinese electric car maker BYD has released a vehicle that already drives itself, sometimes.
Robotic waiter at the Haohai Robot Restaurant in China.
Haohai Robot Restaurant in Harbin, China is staffed entirely by robots. 18 robots cook, serve, and even entertain diners (there’s a singing robot), all the while addressing them as “Earth Person.” Wait, so these aren’t just robots, they’re alien robots? (Pics)
Chinese workers go about their chores at a textile factory.
The real estate and infrastructure bubbles are a great concern in China. But these challenges are short term that China may be able to spend its way out of. The real threat to China’s economy is bigger and longer term: its manufacturing bubble.
Broad Sustainable Building, a construction company in China, has announced plans to build the world’s tallest building…in just 90 days. When finished, it will be 220 stories high, 10 meters taller than Dubai’s Burj Khalifa.