Sinopec

April 24, 20129 Comments

Infographic: A glance at Chinese state-owned enterprises

From CNPolitics

Continue reading

April 12, 2011No Comments

China’s state-owned oil company squanders million on alcohol

Gas price has been skyrocketing for the past few years. Chinese car owners are burdened with unreasonably high expenses, even higher than what their American counterparts pay, despite having much less disposable income on average. But China Petroleum & Chemical Corporation Limited, or Sinopec, has often claimed they are not at a profit, which becomes [...]

Continue reading

January 16, 2011One Comment

McDonald’s repackages itself and branches out in China to lure Chinese young middle-class

Yang Yang walked slowly down an aisle about six meters long. The wall on the side is embossed with several ice cream cones with doodles of English words on the wooden “cones.”  Rows of stylish armchairs and leather ice cream chairs sit at the end of the aisle. Cozy yellow light is shed onto the [...]

Continue reading