Darcy Worm

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What's The Market Price For China's Public Square? Try $3.3 Billion

For once, the rumours were correct: Alibaba, the e-commerce behemoth of China (and beyond), has been negotiating for months with Sina Corp for a piece of Weibo, the microblogging site that is known, accurately or not, as China’s Twitter. In a country without a free news media, it passes for a …

The Real Reason to Worry About China

The world is worried about China, but not for the right reasons. Global financial markets were roiled after the world’s second largest economy …

Hundreds arrested in China over 'fake' meat

China says 904 people have been arrested for selling fake, spoiled, or adulterated meat over three months.<p>State media portrayed the arrests on Thursday as part of a national crackdown that would now focus on dairy products, but an official told the state's Xinhua News Agency that there were …

China Is Investing $810M In Beidou, A Navigation System It Hopes Will Eventually Rival GPS

China is investing $810 million into the development of Beidou (BDS), the navigation satellite system that it is positioning as a rival to the U.S.-developed GPS.<p>According to China Daily, the money will be used to build an industrial park that will house 30 to 50 companies focused on developing an …

March: China’s Month of Mistakes

<i>By Gabe Collins and Andrew Erickson</i><p>March was a tough month for China’s foreign policymakers, with four high-profile foreign policy fumbles, two of which significantly helped to raise the risk of tension and crisis in East Asia. While all but one of these incidents apparently stemmed from deliberate …

How Jon Stewart Blew Up in China

Jon Stewart has decided, as he put it this week, that he might be working the wrong continent. In a segment called “Big Ratings in Giant China,” Stewart expounded on his recent discovery that he is racking up millions of hits, and thousands of favorable comments, from Chinese viewers, who see the …

Xi Jinping's anonymous taxi ride through Beijing

Xi Jinping, China's most powerful man, has continued his quest for Chinese hearts and minds by taking an anonymous taxi ride through the streets of Beijing – and rewarding his driver with a smile and a 32p tip.<p><b>* UPDATE: On Thursday afternoon, China’s state-run news agency Xinhua announced that</b> …

For Chinese Women, Marriage Depends On Right 'Bride Price'

Women hold up half the sky, China's Chairman Mao famously said. But in China, the one-child policy and the traditional preference for boys mean that 117 boys are born for every 100 baby girls. By one estimate, this means there could be 24 million Chinese men unable to find wives by the end of the …