Cherkizovsky of Moscow, Russia, Europe’s largest market and a cash cow that generated millions of dollars a year, was shut down couple weeks ago. According Moscow government, Cherkizovsky‘s closure was due to the fact that it’s a chaotic, filthy hub for knockoff and smuggled goods. Apparently, it’s not that simple. Other factors appear to be [...]
In early 60’s, a new but seemingly ordinary toy became kid’s favor as soon as it hit the shelf of department stores. A diplomat from China who was ready to return to his country saw it and said to his wife: “It must be a good toy. Let’s buy one for our baby.” It was [...]
We all heard of “bridge to nowhere” and “road to nowhere”. That’s not funny. What we see here is a real brand new road that leads to nowhere. Gordon Brown has hailed an “historic” agreement between the world’s major industrialized nations to cut greenhouse gas emissions by 80% by 2050. He also said the deal [...]
Japan’s Prime Minister Taro Aso and France’s President Nicolas Sarkozy take their positions for a family photo during the G8 summit in L’Aquila, Italy July 8, 2009. Leaders from the Group of Eight major industrial nations and the main developing economies held talks from July 8-10. From L-R: France’s President Nicolas Sarkozy, Russia’s President Dmitry [...]
According to Reuters and China Daily reports, a fresh wave of cyber attacks that slowed US and Republic of Korea (ROK) websites this week hit more targets on Thursday, a Web security firm said, while the ROK’s spy agency has said the hacking may be linked to the Democratic People’s Republic of Korea (DPRK). The impact [...]
The ongoing G8 summit is being held in Coppito in mountain town of L’Aquila. The police may have smartly kept away the protest demonstrations from the world leaders, who are camping in barracks of the financial police of Coppito, but they could not do anything to hide the message ‘Yes, we camp’ in giant plastic [...]
On July 9, 1971, Henry Kissinger, Secretary of the States in US, set up his secret trip to China. This trip was to pave the way for the later Nixon’s visit to China, which turned to be a historical event in the history of Sino-American Relations. Kissinger sought to place diplomatic pressure on the Soviet [...]
According to an insider in China who is familiar with case, Houston Rockets center Yao Ming is on track to purchase his former basketball club in China, Shanghai Sharks, that faces an uncertain future after running into severe financial difficulties. Yao’s bid for the club is 20 million yuan or about 3 million US dollars. [...]