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Chinese farmer jailed for Forbidden City theft

The audacious theft, which Shi Baikui said he carried out on the “spur of the moment” last May, has highlighted lax security at the Forbidden City, an ancient imperial place in the heart of the capital.

McDonald's in Beijing sold expired food to customers

A McDonald's in China was suspended for selling expired food, including rotten cheese that had sat out for hours.
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McDonald's french fries sit under a heat lamp at a McDonald's restaurant on April 19, 2011, in San Francisco, California. (Justin Sullivan/Getty Images)
"All of the germs will die if you just fry the meat in oil."
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China online video companies create an internet giant

China's leading online video company Youku is buying its smaller rival Tudou to create the largest video platform with more than one third of market share.

BMW says: Thank you, China

Massive rise in company's profits thanks to China sales
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(FABRICE COFFRINI/AFP/Getty Images)

You think China is the world's workshop (or sweatshop, if you're manufacturing Apple products)?

Well, when it comes to luxury goods, Europe is the world's workshop.

Nothing proves the symbiotic relationship between China's rapidly growing upper-echelon consumer demand and Europe's luxury goods industries than sales figures released yesterday by BMW.

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EADS accuses China of blocking Airbus sales over EU carbon tax

Louis Gallois’s comments come a month after Airbus chief executive Thomas Enders warned that the EU's controversial emissions scheme could lead to a trade war.

Global poverty in decline, says World Bank report

A new report by the World Bank released Tuesday says that global poverty is in decline despite a world economic slump.
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