We interview Dr. Charles Su, an investment advisor from CEB Monitor Group, about how China's economy may be affected by the credit crunch in the United States and the global economic downturn.  We also discuss that economic foundations China is seeking to become a more developed economy.

The company's business strategies also guarantee success for its expansion into other cities. Zhu was very proud that the Grandma's Kitchen in Jiaxing became the top restaurant on its street within only one month after opening in 2007. Zhu told us each new Grandma's Kitchen is profitable within a year's time.

In a disaster like the Sichuan earthquake, the Chinese public has demanded that enterprises fulfill their corporate social responsibilities, to donate like the public has done, but in much larger amounts. That's why the Chinese have paid so much attention to the amounts donated by companies.

Regardless of the tight spot Yanjing Beer currently finds itself in, its Olympic sponsorship deal gives it a chance to raise much needed money. Over the past ten years, Yanjing Beer has asserted a firm grip on the Beijing market. It currently maintains more than 85% market share in the capital. Foreign competitors attribute the dominance to long-held consumer drinking habits.

In the show, we examine China’s rapidly growing automobile industry and look at the challenges being faced by both domestic and foreign manufacturers.  We also look at how the government’s recent decision to raise the fuel price may influence drivers’ behaviour, as well as what else can be done to promote the use of fuel-efficient cars.

Rising fuel costs are forcing Canada's national airline to cut flights from Canada to Beijing and Shanghai.  This follows Cathay Pacific's decision to reduce flights from Hong Kong to Vancouver, and the recent closure of Oasis Airlines in Hong Kong.

With so much at stake for both parties, it seems inconceivable and more than a little thrilling that the Australian mining giant would dig its heels in over a percentage which, if achieved, will be something less of a financial top-up for its shareholders and more of an infuriating and spectacular loss of face for its largest, most fundamental and most volatile customer.

Chaotic management was the major reason for the discontent. Many staff commented that overstaffing at China Eastern headquarters and an ineffective management team were to blame. Employees have no passion about their work. Corporate culture was a political culture; to be precise, the company was more like a government. They hoped changes would put the struggling airline on a path similar to Singapore Airlines or other joint ventures. This yet seemed impossible.

The acquisitions have given Youngor confidence that it will become "one of the most powerful clothing enterprises in the world". Li Rucheng, known as the "Warren Buffet of China", wants to enter the European and US markets with the aim of shortening its journey to become a world-class brand.

China and India are predicted to move far ahead of the competition to be the two largest global markets, accounting for 31 percent of global mobile connections, by 2012.