You'd think that with double-digit industry sales growth in the first half of this year, China's richest retailers would have an easy time increasing their wealth from a year earlier on the new Forbes China Rich List.
At the same time, China added nearly 90 M new 3G subscribers over the summer months.
The New York-based artist visited China for the first time in 1994 and again in 2001.
While credit guarantees have been in use in developed markets for a long time, they are relatively new in China.
During that time, China will add the equivalent of 160 new coal plants while India adds 70.
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China's 1.3 billion people and unmatched economies of scale can bring new technologies to market fast -- in "China time" -- at a speed that is virtually impossible anywhere else in the world.
India was granted observer status in the SCO last year and while its intentions regarding full membership are unclear at this time, the Russia and China led alliance would allow New Delhi a greater influence in Central Asia, which it desires, and at least ostensible cooperation in counterterrorism efforts.
Every time I visit China I am overwhelmed by its investment in new buildings and infrastructure.
China last year surpassed the U.S. for the first time in new car sales.
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The second was that the collapsed currencies provided a very competitive new base for export-led growth even at a time when China was making ever bigger inroads into global markets.
Part of Beckham's new role will be to encourage China's youth to embrace soccer at a time when the country's government is attempting to grow the sport.
Russia, with 110 billionaires, now trails only the United States (442) and China (122), but Russian people do not have an easy time adjusting to the new wealth.
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In 2007, as new customers from China, Russia and India queued up, sales outside America for the first time outstripped those in the traditional home of business aviation.
At the same time, an alphabet soup of influenzas, including the new H7N9 outbreak in China, smoldering incidents of H5N1 bird flu in Southeast Asia, and even periodic reminders of the 2009 H1NI swine flu pandemic, remain front of mind.
This initiative marks the beginning of a new partnership: it is the first time UNESCO has received financial support in this area from China.
Gary Locke, the new U.S. ambassador to China, spoke about dollar safety with the press on Friday for the first time since being chosen by President Barack Obama to be the first Chinese-American to represent Washington in Beijing.
FORBES: US Investments Still Safe, Ambassador Locke Tells China
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