The East is Reds…

The world is already awash in wine. But it appears almost inevitable, given the explosive growth of China's vineyards, that western producers face competition from yet another lucrative class of exports: bulk wines, which China is gearing up to make in vast quantities at costs far below what traditional vintners can match. Already, at least…

After Selling PCCW, in which industry will RICHARD LI find his future?

With Richard Li's HK$9.2 billion sale of 23 percent of the assets of Hong Kong's major telecommunications company to a local banker, the frantic local Chinese press and its better-behaved western counterparts are now turning to what Li, the son of tycoon Li Ka-shing, is going to do next. But he has already moved on.…

A Broken System: Hong Kong Property development

The victory by Chief Executive Donald Tsang in late May to override all opposition, even from business interests, to build a HK$5.1 billion government center on one of the last pieces of open-space land on Victoria Harbor, highlights why Hong Kong's addiction to development has made the city the world's most densely populated urban core,…
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