Nations clamp down on resources

As the world economy recovers, the battle for commodities will intensify NEW DELHI – Countries from India and Indonesia to Russia are tightening their grip on natural resources as they limit exports to build up…

Sportswear industry may expand 18% this year

China’s sportswear industry will grow between 15 to 18 percent this year and next as the country’s wealth continues to spur demand for shoes and clothing, according to Xtep International Holdings Ltd. Xtep, part-owned by…

A never-ending magic show

Traversing the Gobi desert from Ulan Bator to Dalanzadgad is a series of natural and man-made wonders, Chitralekha Basu discovers. If you are planning to fly from the Mongolian capital of Ulan Bator to Dalanzadgad,…

Shares fall on concerns about interest rates

Shanghai – Stocks on the Chinese mainland fell, sending the benchmark index to the lowest level in a week, on speculation the central bank may keep raising interest rates and tightening policies will slow economic…

Oil spill reaches beaches

BEIJING – Oil from a huge spill off China’s coast has been found ashore in two separate areas, authorities said on Wednesday, sparking calls for greater transparency about the disaster. Environmental protection organizations have warned…

How do you gauge impact of a giant?

At 2.26 meters, or as we old folk like to say – 7 foot, 5 inches, Yao Ming must have some trouble getting through most doors; but he sure as heck opened up a lot…

What’s new

New version of 1997 hit drama shown on Hunan TV A new version of Princess Huanzhu, a smash hit that premiered in 1997, was shown on Hunan TV on July 16. The television drama is…

The ever vigilant CEO

BEIJING – The mission of David Calhoun, chief executive officer of The Nielsen Company, one of the world’s leading suppliers of marketing and media information, TV ratings, online intelligence and cell phone data, is to…

Remote island opened to tourists

HEIXIAZI ISLAND, Heilongjiang – Heixiazi Island, a border island linking China and Russia, opened as a resort destination for Chinese tourists on Wednesday as part of an experiment to see if that change will prove…