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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.

China's northwest hit by riots that leave 12 dead

 There has long been tension between Han Chinese migrants and the region's native Turkish Muslim Uighur ethnic group.

China's Great Firewall shows signs of cracking

China's internet firewall went down temporarily, allowing users to access social media and discuss human rights.
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Chinese users spam Barack Obama's Google+ page in a temporary breach in the Great Firewall of China (Screengrab)

It what seems to have been a temporary fissure in the Great Firewall of China, users of the heavily-censored Chinese internet were able to access usually barren Google+ yesterday, spamming US President Barack Obama’s official page with messages of freedom, dissent and requests for green cards.

Exactly how Chinese users were able to breach the great firewall is unknown. According to Reuters, Google took no action as to make the social networking site available to Chinese users while others speculate that the site became available through mobile phone networks that may have been overlooked by censors.

Time magazine has reported that an internal glitch in China’s incredibly robust censorship system was to blame for the breach. 

Some of the commenters took the security breach as a rare opportunity to address the West, pleading for Obama to “free us." Such comments seemed to irk China's Foreign Ministry spokesmen Hong Lei, according to Voice of America, the US government’s foreign news agency. After stating that Chinese citizens should express themselves according to Chinese law, the spokesman was then asked if he be believed that the Chinese government considers citizens who criticize it on the internet as violating the law.

He refused to answer.

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