Why a private equity tycoon is funding a scholarship in China

Apr 22, 2013
Billionaire Stephen Schwarzman is spearheading a $300 million scholarship fund for top students from the U.S., Europe, and Latin America to spend a year in China. With philanthropy, comes influence.

Chinese refashion Italy's textile industry

Apr 22, 2013
Chinese manufacturers have moved to Italy and set up garment factories. They excel at making garments fast and cheaply, but some Italian manufacturers are unhappy with their presence.

China's toxic harvest: Consumers flock to imported food

Apr 18, 2013
Thanks to a string of scandals that have damaged the reputation of China’s domestic food supply, more and more among the country's rising consumer class are turning to imported foods.

China's toxic harvest: A "cancer village" rises in protest

Apr 17, 2013
Farmers in Liuchong village in the Central Chinese province of Hubei are standing up to a local phosphate mining operation and fertilizer factory they blame for polluting the village's water and air, killing their crops and livestock, and leading to a sharp increase in cancer rates in the region.

China's toxic harvest: Growing tainted food in "cancer villages"

Apr 16, 2013
China's relentless focus on GDP growth has created unchecked industrial pollution, contaminating the nation's food supply. The story of one so-called 'cancer village' in Yunnan province where residents are dying.

Gold prices fall 10% as need for 'safe haven' fades

Apr 15, 2013
After a dazzling rise to more than $1,900 an ounce, the yellow metal has clearly lost its luster. The price of bullion has slumped by 10 percent since the end of last week, down to $1,420 an ounce.

China's economic growth slows

Apr 15, 2013
China’s economy continues to rev, but certainly slower than many had anticipated this past quarter. Growth came in at 7.7 percent, down two tenths from the previous quarter.

For public good, not for profit.

China uneasy with North Korea's threats

Apr 10, 2013
A steady drumbeat of threats from North Korea is making the world's second largest economy assess China's relationship with its neighbor.

Bird flu scare in China: Bad news for KFC

Apr 8, 2013
As cases of a new strain of bird flu spread across the Shanghai region, fast food chains like KFC are taking a hit to their bottom line.

Burning paper iPhones: Transferring wealth to the afterlife in China

Apr 5, 2013
The Chinese are celebrating the annual tomb sweeping holiday, a day when people sweep the gravestones of their ancestors and burn money, paper villas, and cardboard consumer products in the belief that it'll comfort deceased loved ones.