China-US Co-Produced Films Face Doom and Gloom

By Shen Yiqian Instructed by Tom Wright (Head Illustration by: Kevin Hong)   China’s film companies have found that tie-ups in movie production with Hollywood are not necessarily the key to success. A bunch of recent big-budget co-productions, from China Film Co., Ltd.’s The Great Wall to Huayi Brothers Media Corporation’s Rock Dog, have failed to …

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Currency fears aroused by Zimbabwe’s new notes

Zimbabwe note launch stokes currency fears http://www.bbc.com/news/business-38128236 Since Zimbabwe abandoned its own currency from 2009 after hyperinflation made Zimbabwean dollars worthless, the country has largely relied on U.S. dollars as its main currency. However, with slump in exports, fewer U.S. dollars could be earned back to the country, and the country gradually ran out of …

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This Thanksgiving, Give Thanks to Turkey

One More Reason to Give Thanks: Falling Turkey Prices https://www.bloomberg.com/news/articles/2016-11-21/one-more-thing-to-give-thanks-for-turkey-prices-are-falling “U.S. turkey production seen rising to second-highest ever” It is the time to celebrate Thanksgiving Day, a national holiday in the United States. And what cannot be missed on the dinner table is——turkey, of course! This year, good news for ordinary American people is that …

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Syrian economy in tatters after 5 years of war

“Business faces ‘pressures from every direction’ because of civil strife and sanctions” https://www.ft.com/content/0fc5d6a8-a7ee-11e6-8b69-02899e8bd9d1 This is a very good business news article to tell how Syrian economy suffers in every direction after five years of the civil war in the country. With solid data, focus on ordinary people’s life and connection to the global impact, this …

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Yen surged again under political uncertainty

Japan finance officials in emergency talks after U.S. election shock http://money.cnn.com/2016/11/09/investing/japan-markets-emergency-meeting/ Similar to the situation after Brexit in June 2016, the Japanese yen surged again as investors worried about the uncertainty of the global economy and financial market after the U.S. presidential election. As a safe place to hold the value of the assets, investors …

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China Plans to Join the Big Jet Game

https://www.bloomberg.com/gadfly/articles/2016-11-03/a-runway-to-the-horizon-for-china-s-big-plane The short-haul C919 is just not enough, as Comac, China’s state-owned commercial aircraft manufacturer, is planning to take a further step into long-haul plane to compete with Boeing and Airbus in the global commercial aviation market. This news article takes a look at the aviation market and the aircraft manufacture industry and outlook the …

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Snapchat is going for IPO——good or bad?

Snapchat Seeks to Raise as Much as $4 Billion in IPO https://www.bloomberg.com/news/articles/2016-10-26/snapchat-said-to-seek-to-raise-as-much-as-4-billion-in-ipo According to this news article posted by Bloomberg, Snapchat, a fast growing social media application, is planning for its initial public offering, though the decisions has not been made to the public yet. As the article says, Snapchat’s current revenue is less than …

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Is Wal-Mart’s increased investment in JD.com a win-win deal?

Wal-Mart Increases Investment in JD.com, China’s Second-Largest Online Retailer http://www.wsj.com/articles/wal-mart-increases-investment-in-jd-com-chinas-second-largest-online-retailer-1475712309 According to this news articles, Wal-Mart, the world’s biggest retailer, increases its investment in JD.com, the second largest online retailer in China, as the company’s long-term strategy to accelerate its business growth in China e-commerce market. In fact, Wal-Mart has already stepped into the Chinese …

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Is the world wide web a waste of water?

http://www.bbc.com/news/business-37471911 This is a very appealing and interesting news article. I was attracted by the title, because I had never thought that using the internet has something to do with the water resource before. After reading it, I finally realized that this piece is about the huge amount of energy that data centers worldwide consume …

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Winners and Losers from OPEC’s Oil Production Cut

http://www.bloomberg.com/news/articles/2016-09-29/the-biggest-winners-and-losers-from-opec-s-oil-deal OPEC deal is undoubtedly the hottest topic today, and this article analyzes the global influence of OPEC’s agreement to cut oil production, which just fits our topic in last Friday’s class —— “commodities are a global business story.” Oil, as a commodity, has global impact on world economy with its price going up and …

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