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Written by Evan C Norman
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Tuesday, 26 June 2007 |
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How to do business in China the Rupert Murdoch way: don't give up, court local officials and investors, and leave your wife for your interpreter. Wendi Murdoch has stepped up her role in China. She plotted a strategy for the News Corporation’s social networking site, MySpace, to enter the Chinese market, people involved with the company said. The News Corporation decided to license the MySpace name to a local consortium of investors organized by Ms. Murdoch. |
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Written by Evan C Norman
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Monday, 18 June 2007 |
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This is probably one of the more interesting phenomena to appear as a result of globalization and the internet. As more online games and virtual worlds appear and grow in their complexity, you are left thinking that the Chinese gold farmer is just the tip of a bizarre new iceberg. While most of the gaming companies have sought to ban the practice of gold farming, the fact that it is a $7-12 billion industry won't escape the eyes of many who are not gaming purists. |
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Written by Evan C Norman
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Monday, 04 June 2007 |
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One of the most staggeringly impressive topics that keeps popping up in the news are the rapid rise of new megacities in China. According to this article, 50 percent of China will be urban instead of rural. This, of course, has a great implication for a massive increase in access to the Internet and demand for consumer goods. In 1978, a mere 18 percent of Chinese lived in cities and towns. By 2010, the authorities estimate that 50 percent will, as part of what demographers and other experts say is the greatest migration in human history. One after another, the big cities of the interior have eagerly entered the race to urbanize, with many openly brandishing the objective of becoming a “world city” within a few years. But whether judged by its size, its ambition or the scale of transformation, Chongqing, with its 12 million people, remains in a class by itself. |
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