Landslides, pollution, Ford, EU legal disputes, the wedding market, and economic optimism.
1. Earthquakes behind China landslide that killed 46: expert
A landslide in southwest China that killed 46 people was partly caused by an earthquake that hit the region four months ago, a geological expert said on Saturday.
Unstable soil and steep slopes also contributed to Friday's landslide in Yunnan province, the state-run news agency Xinhua quoted Jiang Xingwu as saying.
Wiped out an entire village.
2. China hit by extreme air pollution
After weeks of record-breaking cold, accompanied by clear, dry skies, the weather turned warmer late Thursday. By the weekend, many of the pedestrians in Beijing were wearing face masks. On Saturday, the Children's Hospital of Beijing reported 900 children treated for respiratory problems. Hospitals also reported sharp increases in the number of older patients who were having difficulty breathing.
3. Ford Keeps Rolling In China
Ford's success in China is important because growth in China is absolutely key to Ford's long-range global plan. The company has said that it expects 70% of its overall growth to come from Asia and Africa by the middle of the decade -- much of that from the Chinese auto market, now the largest in the world.
Ford was very late to the Chinese auto party, arriving years after rivals such as General Motors , Volkswagen , and Toyota had established major presences in the Middle Kingdom. Many analysts questioned whether the company would be able to win significant market share in the face of such strong, established competition.
I think the new Ford Fusion will do well in China.
4. China shoe exporters stand tall with EU victory
The legal dispute began in 2006 when 150 Chinese companies appealed an EC decision to slap a 16.5% anti-dumping duty on all Chinese and Vietnamese-made shoes made of leather imported by European trading companies and sold in EU countries.
5. Love in China: Navigating an $80 Billion Wedding Market
Understanding the interplay of how Chinese are embracing foreign traditions or holding on to old customs related to dating and marriage is essential for marketers. Each year in China more than 10 million couples marry, creating an industry estimated at $80 billion annually with strong ties to retail, fashion, jewelry, travel and tourism, financial planning, real estate and household purchases.
6. China Is Cause for Optimism on World Economic Pickup, Swan Says
China’s economic recovery is a sign that global demand will improve this year, Australian Treasurer Wayne Swan said ahead of a visit to Hong Kong where he will speak today at the Asian Financial Forum.
“I’m optimistic that 2013 will be a better year for the global economy,” Swan said yesterday in his weekly economic note. “One cause of optimism is recent evidence that China’s economy appears to be stabilizing after economic conditions moderated in 2012.”