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Tag Archive 'economy'

sniff and sneeze 14

Sniff:

Industrial & Commercial Bank of China (ICBC) becomes the newest most profitable bank of the world (source: bloomberg.com) Last year, the champion was Hong Kong Shanghai Banking Corporation (HSBC). Below is a list of the top ten largest banks by market capitalization (rank, bank name, country, market cap in billion dollars):

1. Industrial & Commercial [...]

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unnecessary projects

I heard that Shanghai is going to build yet another Disneyland which would cost around 4 billion euros. And, an artificial lake which costs 50 million euros is already being built in Shanghai, seems the main purpose is to boost the price of real estates around the lake.
I don’t feel happy to hear these [...]

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In the National Geographic German version issue July 2008, there is a story about China. I bought this issue and read the complete story. Very well written. The authors had lived in China for many years, what they described is quite fact-oriented. The critiques are quite to the point. The story was written with [...]

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