No. 339, Oct 29(4)

By English edition staff
Published: 2007-10-30

International Investors Losing in Chinese Stocks
Money & Investment, page 22
International investors have encountered a great loss in Chinese stocks after an injudicious sell-off. As the Chinese government gave mainland investors the green light to trade Hong Kong stocks, a large amount of capital flows into Hong Kong drove up HK stock prices to an unexpected level.
Original article: [Chinese]

Huawei Resets Employee Contract Durations Ahead of Labor Law
From Corporation, page 25
China's communication and internet products giant, Huawei, is poised to pay staff with more than eight years in the company to reset the record of their years there back to zero. Inside sources said the move is aimed at preparing the company to face the new Labor Contract Law, which will come into effect next January.
Original article: [Chinese]

The Passing of a Legend
From Corporation, page 25
EO traces the rise and fall of Dixian Corporation, once the only publicly listed private company and the largest textile enterprise in China. The company's charismatic director Wang Suxian, with an initial investment of 50,000 yuan, spent 18 years building up his textile empire. But the collapse of Dixian took only two years as the company sank into financial crisis amidst smuggling scandals.
Original article: [Chinese]

Lifelong Happiness, Sorrow
From Observer, page 45
Two Chinese documentaries, Fengming: A Chinese Memoir and Bingai, were awarded prestigious prizes at the Yamagata International Documentary Film Festival. Cui Weiping reveals that they come to grasp the same truth: that certain fragments and moments carved to one's memory can support them throughout life, its sorrow, and happiness.
Original article: [Chinese]


 

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