Business and Finance

Top 10 Chinese business stories for September

JDM051023djg.jpg
Dae Jang Geum: the hit Korean drama, a moneymaker despite questionable historical accuracy.

From The Economic Observer's monthly Academe supplement for October comes this list of September's top-ten events in the world of commerce.

Each month The Economic Observer Research Institute conducts a survey of experts, as well as voters in an online poll, to determine the top ten business stories. The top online poll results were Dae Jang Geum and International Oil Acquisition, each with 75% support. The judges, analysts, professors and executives in the business sector, also mentioned the maturation of mobile communications, IP suits, e-wallets provided by Bank of Communications and Shanghai Mobile, Lenovo's latest move with IBM PCs, and the Dongfeng-Citroen auto financing company.

  1. Dae Jang Geum: The Korean historical drama that ran on Hunan TV, netting 35 million yuan for the station.
  2. High-priced buyout: eBay and Skype.
  3. Hong Kong Disneyland: Multimillion-dollar park finally opens.
  4. MSN partners with AOL: And goes up against Google, Yahoo, and others.
  5. International oil acquisitions: Sinopec, PetroChina have low-key foreign resource buyout plans.
  6. Personalized ERP platforms: Will personalization be the next trend in enterprise resource planning?
  7. Hisense takes control of Kelon: 900 million yuan acquisition finally comes together.
  8. Landwind crash test: Is the "tin can" label just market pressure from Europe?
  9. Zest exits the market: P&G spent over 1 billion yuan to promote Zest, but it never caught on in China.
  10. Mengniu casts an international net for a new president

The same supplement also rates 72 Chinese accounting firms according to trustworthiness and finds 32 "lacking trust," 35 "untrustworthy," and 5 "extremely untrustworthy," with scores ranging from -400 to -1450, where 0 is "trustworthy" and down to -300 is "relatively trustworthy."

Links and Sources
Media Partners
Visit these sites for the latest China news
090609guardian2.png 090609CNN3.png
China Media Timeline
Major media events over the last three decades
Danwei Model Workers
laomo2008fpA.jpg
Recommended blogs and new media
Books on China
AXL091030storiesforthcoming.jpg
Princess Der Ling: Two Years in the Forbidden City: Two years in the Forbidden City is largely a reminiscence of the minutiae of life for one of history's most powerful women, by one of her court attendants, a Manchu noble's daughter by the name of Der Ling.
Carl Crow's The Long Road Back to China: In 1939 Carl Crow - an American journalist, advertising executive and author who had lived in Shanghai for 25 years until forced out by the Japanese - travelled up the Burma Road from Rangoon to Chongqing on assignment for Liberty magazine - 'the most interesting assignment I have ever been given'.
Front Page of the Day
A different newspaper every weekday
From the Vault
Classic Danwei posts
+ The 'national' in National Day (2006.10): Xiao Feng writes about China's national flavor, national curse, national bird, national car, and so forth, Dongfang Yu writes on the true meaning of China's National Day in the age of angry youth.
+ Don't ask so laowai don't have to tell (2008.07): An essay was written by Geremie Barmé, scholar, filmmaker and author of the new book The Forbidden City.
+ Religion and government in an uneasy mix (2008.03): Phoenix Weekly (凤凰周刊) article from October, 2007, on government influence on religious practice in Tibet.
Danwei Archives
Danwei Feeds
Via Feedsky rsschiclet2.png (on the mainland)
or Feedburner rsschiclet.gif (blocked in China)
rsschiclet2.png rsschiclet.gif Main feed: Main posts (FB has top links)
rsschiclet2.png rsschiclet.gif Top Links: Links from the top bar
rsschiclet2.png rsschiclet.gif Danwei Jobs: Want ads
rsschiclet2.png rsschiclet.gif Danwei Digest: Updated daily, 19:30