Tag: china
-

#GoodNewsNextWeek: McDonald’s Is Closing Hundreds Of Stores This Year
from fortune.com: The restaurant company closed 350 stores in early 2015, on top of the 350 it had already said it would shutter, as the burger purveyor seeks to stanch sales declines. McDonald’s shuttered 350 poorly performing stores in Japan, the United States, and China the first three months of 2015 as part of its…
-

Taiwan, A Canary In The Coalmine Of Cyber Warfare
from smh.com.au:: For the past two weeks, entertainment giant Sony Pictures has had its computers paralysed by a cyber attack that has resulted in unreleased movies and thousands of confidential documents being released. Taiwan can claim the dubious honour of being one of the most hacked, if not the most hacked, places in the world.…
-
#China Industrial Profits Drop in August as Slowdown Deepens
from bloomberg.com: Profits at industrial companies in China declined last month for the first time in two years as a slowdown in the world’s second-largest economy deepens. Total profits of China’s industrial enterprises fell 0.6 percent from a year earlier in August, the National Bureau of Statistics said today in Beijing. That compares with July’s…
-

U.S. Food, Chinese Processing: the Latest Food Outrage
from blacklistednews.com: The US FDA prevents such things as artisinal cheese and butter being imported from Europe, products that have been in use for hundreds of years and don’t make people sick, but–speaking of sick–this breathtakingly corrupt agency is allowing big food processors to grow food in the US but then process it in China in…
-

The US Meat Processing Company At The Rotten Center of China’s Latest Food Scandal
from QZ.com: A US-owned factory in Shanghai is at the center of China’s latest food scandal: Chinese health authorities have suspended operations at Shanghai Husi Food, owned by the Illinois-based OSI Group, for reprocessing old and discarded meat to extend its use-by date. Husi was supplying meat to KFC, Pizza Hut and McDonald’s restaurants in China. Staff…
-
BRICS Against Washington Consensus
by Pepe Escobar | atimes.com: The headline news is that this Tuesday in Fortaleza, northeast Brazil, the BRICS group of emerging powers (Brazil, Russia, India, China, South Africa) fights the (Neoliberal) World (Dis)Order via a new development bank and a reserve fund set up to offset financial crises. The devil, of course, is in the…








