financial times: China: Former HK chief graft buster faces probe, Cooler Chi...

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China
Wednesday May 15 2013

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China News - latest China news headlines - FT.com

Former HK chief graft buster faces probe

Anti-graft agency will run a criminal probe against Timothy Tong Hin-ming following revelations that he spent HK$220,000 on gifts to officials
http://link.ft.com/r/G8OTZZ/Z84TSL/EWTCE3/KQK51N/OFZO1P/50/h?a1=2013&a2=5&a3=15

Cooler China-N Korea ties hit border town

Slowdown in cross-border trade is affecting businesses in the city of Dandong as Beijing applies intense financial pressure on Pyongyang
http://link.ft.com/r/G8OTZZ/Z84TSL/EWTCE3/KQK51N/SU42BO/50/h?a1=2013&a2=5&a3=15

Chinese austerity hits Diageo's sales

World's biggest distiller becomes the latest casualty of China's crackdown on conspicuous consumption as its sales of baiju slump 40%
http://link.ft.com/r/G8OTZZ/Z84TSL/EWTCE3/KQK51N/VTK76A/50/h?a1=2013&a2=5&a3=15

UK in talks to simplify Chinese visas

Home Office under pressure from luxury retailers to streamline process for Asia's high-spending shoppers who enter most of Europe with just one visa
http://link.ft.com/r/G8OTZZ/Z84TSL/EWTCE3/KQK51N/VTK766/50/h?a1=2013&a2=5&a3=15

China's corporate debt market set to challenge US

Standard & Poor's report says that in terms of outstanding non-financial debt the US will slip into second place in 2014-15
http://link.ft.com/r/G8OTZZ/Z84TSL/EWTCE3/KQK51N/VTK762/50/h?a1=2013&a2=5&a3=15

Chinese lessons for Yahoo's boss

Although working from home is out of fashion at the US group, it is getting its first tentative trials in China – but it's not a wholly appealing prospect
http://link.ft.com/r/G8OTZZ/Z84TSL/EWTCE3/KQK51N/DXH3I7/50/h?a1=2013&a2=5&a3=15

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