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Secrets of the lean startup machine

2013-04-19 09:35

Last month Y Combinator, the legendary startup accelerator program run by the Silicon Valley investor and online essayist Paul Graham, held a demonstration day for its latest batch of startups. About 50 young companies showcased their work, ranging from an easy-to-use mobile website builder to big-data analytics for e-commerce.

In search of Chinese art's lost soul

2013-04-19 09:35

The decline of Chinese contemporary art this year is still playing on the minds of many. There have been no jaw-dropping deals in the Chinese art market, which has fallen sharply since its boom days of 2011, when it had the highest number of transactions in the world.

The power of principles and values

2013-04-12 08:25

When Laurent Fabius makes his second official visit to Beijing as France's foreign minister soon, he will attempt to co-write a new chapter in Sino-French relations just as a profound redistribution of power affects his country's position internationally.

Crucial job in market balancing act

2013-04-12 08:25

Change of levels in China's economic playing field can result in smooth or hard ride for firms

Two-way process to understanding

2013-04-12 08:25

Where else in the world, except at the Boao Forum, can representatives from Israel and Iran rub shoulders in the same building and share membership of the same organization?

The time for change is now, not later

2013-04-12 08:25

While many of China's state-owned enterprises have made the transition to competing in a market economy, most have not made serious strategic transformations to become modern enterprises. A rare exception is Haier. It has transformed itself from a failing town and village enterprise into a highly successful company that has become the world's most well-known Chinese brand.

Sun setting on the solar business

2013-04-12 08:25

The recent bankruptcy of solar panel maker Wuxi Suntech, a subsidiary of the New York-listed Suntech Power, casts doubts over the solar photovoltaic industry.

For some carbon footprints, the shoe doesn't always fit

2013-04-05 09:16

In the recent session of the National People's Congress, the head of a provincial environmental bureau told reporters that foreigners buy and use clean goods made in China but it is China that will have to put up with the pollution that comes with making those goods. Indeed, various studies show that goods that China exports contain huge quantities of carbon dioxide. They all come from the emissions that have helped make China the world's largest carbon emitter after the United States, and China is pulling further ahead in this race that no one wants to win.

The EU's benefactor

2013-04-05 09:16

China is poised to become the European Union's most important commercial partner while simultaneously being a serious challenger in trade and a competitor for resources. The distinctive characteristics of the Chinese political system elicit mixed feelings across Europe, raising questions as to what use the new leaders will make of their country's increased capabilities.

Currency on the right course

2013-04-05 09:16

When Zheng He, the greatest navigator in Chinese history, visited Africa some 600 years ago, he used gold and silver to trade with local residents.

Carmakers, get behind the wheel of the Web

2013-04-05 09:16

Digital marketing is a concept many automakers and dealers are largely ignoring at the expense of their customers. This is a new consumer dynamic with a new set of expectations about the online car-buying process driven by consumer technology. Unfortunately, the auto industry has yet to scratch this concept's surface.

An idea worth pursuing

2013-03-29 08:31

The creation of a development bank as part of the emerging economies' efforts to reshape the existing international, political and economic system was undoubtedly the most important item at the recently concluded BRICS summit in Durban.

Finding an optimal solution

2013-03-29 08:31

The recent surge in housing prices across many cities and the subsequent changes in real estate restrictions have drawn fresh attention to China's attempts to reorient its economic growth model, and have also raised the stakes for further reforms and relaxation in the finance sector.

The balance between give and take

2013-03-29 08:31

Weeks before Chinese President Xi Jinping's visit to Africa, Nigerian Central Bank Governor Lamido Sanusi highlighted fears that China-Africa ties have yet to deliver a different path from the colonial pattern of exchanging resources for manufactured goods. He called upon his peers to recognize the competitive threat to the development of African industry posed by Chinese manufacturing.

The makings of a TV revolution are now in China

2013-03-29 08:31

It is getting difficult for TV entertainment programs in China to secure a high rating easily as they did in the 1980s.

BRICS and Mortar

2013-03-22 09:06

If the global financial crisis had not broken out in 2008, the nifty acronym BRIC, and everything it stands for, might still be lying dormant in a Goldman Sachs report somewhere, waiting for a chance to see the light of day.

New institution set to reflect growth goals

2013-03-22 09:06

Leaders at the BRICS summit in Durban, South Africa, are expected to decide to set up a development bank.

China, the world and wealth, according to Mr Brics

2013-03-22 09:06

Nearly 12 years ago when Jim O'Neill, then chief economist for Goldman Sachs, dreamed up the term BRIC, his knowledge of Brazil, Russia and India was all third hand and he spoke none of their languages.

Ready for takeoff

2013-03-22 09:06

There is little doubt that South Africa as host country of the upcoming summit of the BRICS countries to be held in Durban March 26-27, will grasp the opportunity to project itself as an emerging economy and take pride in its association with this prestigious club.

Building BRICS of growth

2013-03-22 09:06

Healthy global interaction will help Chinese entrepreneurs' innovation

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