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One on Yuan
Subject: One on Yuan
Send date: 2012-08-01 12:13:21
Issue #: 148
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China Business Philippines China Business Philippines Facebook Page
One on YuanIt’s the Year of the Rabbit and NBA basketball players have been lured by the dangling carrot of money from China. Is NBA China upon us?

They huffed and they puffed. And the NBA said “No.”

But when the young, talented wolves of the world’s biggest basketball league knocked on China’s door, the Chinese teams threw their doors open. Read more >>

BEIJING—The global retail giant Walmart said that consumers who bought ordinary pork sold as high quality pork will get double their money back.

“Walmart’s unalterable responsibility is to safeguard consumers’ interests. The relevant people in this case will be seriously dealt with, and we will further enhance our staff training and food management processes,” the company said in a statement sent to the media. Read more >>

BEIJING—A tsunami warning system linking countries in the South China Sea region has been proposed by China.

“The system will allow countries to share information and enhance their ability to forecast tsunamis or other marine disasters,” Yu Fujiang, deputy director of the National Marine Environmental Forecasting Center under the State Oceanic Administration (SOA), told China Daily. Read more>>

July 2012: ILLUMINED

July 2012

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