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For most international companies, getting ahead in China means playing by Chinese rules. However, the world’s biggest retailer, Walmart, has taken the unusual step of asking Beijing to rewrite them.
The supermarket giant, whose international empire includes Asda, has challenged China to make food manufacturers and suppliers more accountable for problem labelling, instead of placing the burden on retailers.
The bucolic, once laid-back campus of one of Thailand's top universities is under a security clampdown. Not against a terrorist threat, but against Chinese tourists.
Thousands have clambered aboard student buses at Chiang Mai University, made a mess in cafeterias and sneaked into classes to attend lectures. Someone even pitched a tent by a picturesque lake. The reason: "Lost in Thailand," a 2012 slapstick comedy partly shot on campus that is China's highest-grossing homegrown movie ever.
According to the China Tourism Academy, among 22 destinations studied, the most satisfying destinations for tourists from the Middle Kingdom in this year’s first quarter were New Zealand, the U.S. and Canada. At the bottom were Cambodia, Indonesia and Vietnam.
Rounding out the middle of the pack were countries such as France (No. 9), this year’s hot-spot destination of Japan (No. 12) and Russia (No. 15). (See list below for full rankings.) The think-tank is affiliated with the China National Tourism Administration, a government body.
Chinese e-commerce giant Alibaba Group Holding Ltd. is expected to file the prospectus for its U.S. initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technology firm.
Alibaba's documents could be filed as soon as Monday, added the sources, who couldn't be named because the plans aren't yet public. The IPO could be worth more than $16 billion, surpassing the previous record for a technology share sale set by Facebook Inc in 2012, Reuters previously reported.
BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies.
Although hiring levels in a large number of industries across China have been affected due to lowered expectations for the country's economy in 2014, candidates from lower-tier cities have brighter prospects of changing jobs this year than those from first-tier cities.
According to the 2014 Salary Guide released by global comprehensive workforce solution provider Kelly Services on Tuesday, robust hiring activity has been observed with particular demand for car sales professionals this year. Tier 2 and Tier 3 cities are developing especially rapidly. Cities such as Changsha, Wuhan, Chengdu, Hangzhou and Ningbo have also shown a high demand for professionals in factory management.
Taiwanese lecturers, notably in the fields of business administration and management, are becoming more and more in demand across the Taiwan Strait, reports our Chinese-language sister paper Want Daily.
Business management lecturer Chen Sheng-min told the paper that Taiwanese professors are known in China for their professional approach, as well as their honest and dignified conduct.
Chen said the average hourly rate for a well-known lecturer from Taiwan could be as high as 20,000 yuan and 30,000 yuan (US$3,200-$4,800), while others could charge between 8,000 yuan and 10,000 yuan (US$1,300- $1,600).
President Xi Jinping has presided over the first meeting of the recently established National Security Commission, and his remarks suggested that the commission would have the power to reach into nearly every aspect of domestic and foreign policy.
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