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By ANDREW SIEGFRIED
The Ministry of Commerce predicts China will become the world's largest luxury goods market by 2014.  China's luxury goods market was worth US$8 billion last year and accounted for 18% of global sales. Marbridge Consulting reported a rumor that Focus Media will acquire online viral marketer 1024 Forum. The online video industry recorded RMB900 m...

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By PRESS RELEASE
GUANGZHOU, China--(BUSINESS WIRE)--Ready for something very special?China Southern Airlines (NYSE:ZNH - News; HKSE:1055) (SHA:600029) will be launching an all-new First Class and Business Class travel experience with all-new Airbus A330 - available this coming November 2007.<img width=1 height=1 alt="" src="http://us.bc.yahoo.com/b?P=wH3h0k...

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By AMY CHEUNG

Stocks plunge to 5 week low

Chongqing to list more companies

RMB set to move in narrower range


By STAFF EDITOR
In China, the most popular Internet search engine is local Baidu.com.  With market share of 55%, it has more than double the share of number two Google, with less than 22%.  But Google is investing more, and giving its local managers the freedom to make decisions they hope will pay off with market dominance.

By STAFF EDITOR

China’s Number 2 Intermediate People’s Court hit Yahoo China with a 210,000 yuan fine for copyrights violations, in a case filed by the International Federation of Phonographic Industries on behalf of eleven recording companies.  The popular search engine had links to sites containing a total of 229 pirated songs.


By STAFF EDITOR

China Telecom Corp., the nation's biggest fixed-line phone operator, increased second-half profit 7.6% after attracting more broadband Internet users, Bloomberg reported.


By AMY CHEUNG
Baidu vs Google; Tianya vs MySpace: With similar operational and content models, what determines the market position of Chinese and foreign Internet giants, and how do they set themselves apart from one another?

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