Cash for clunkers program in China

May 28 (Reuters) - The government of China will soon resume paying subsidies to rural residents who trade in old vehicles for new, fuel efficient ones in an effort to rekindle demand amid a slowdown in the world's largest auto market, a government official told Reuters on Monday.

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Mark Zuckerberg of Facebook unknowingly appears in a CCTV documentary

Mark Zuckerberg of Facebook unknowingly appears in a CCTV documentary while in Shanghai earlier this year.

article>>> Billionaire Facebook Couple in Chinese Documentary

China Banks May Miss Loan Target for 2012

China’s biggest banks may fall short of loan targets for the first time in at least seven years as an economic slowdown crimps demand for credit, three bank officials with knowledge of the matter said.

Bloomberg 

The books are cooked in China

Junheng Li, senior equity analyst of JL Warren Capital in New York, says that China Is a Black Box of Misinformation.



Bloomberg article: China Is a Black Box of Misinformation 

China Goes Hollywood with AMC Corporate Takeover

Chinese conglomerate Dalian Wanda Group agreed to buy AMC Entertainment for $2.6 billion, making it the biggest cinema chain operator in the United States.

The strategic takeover marks China's largest buyout to date in the USA, emphasizing highlights the rising financial strength of its top firms.