Today is World No Tobacco Day but while smoking's on the decline in the US, China is still puffing away madly.That doesn't mean foreign tobacco companies are making a fortune there though. Jocelyn Ford reports.
The crackdown on corporate fraud seems to be spreading to other parts of the world. Today, a court sentenced Daewoo's founder to 10 years in prison for fraud and his company no longer exists. Like Enron, it collapsed.Jocelyn Ford reports.
The last piece of concrete on the main wall of the world's largest dam is expected to be put in place this weekend. Jocelyn Ford reports on the economic expectations surrounding China's Three Gorges Dam.
The US government is discussing widening restrictions on exports of military technology to China, but many US businesses worry they'll just lose out to companies in other countries. Jocelyn Ford reports.
An American business group in China said today that government crackdowns on piracy haven't accomplished a thing. So companies are taking things into their own hands. Jocelyn Ford reports from Beijing.
A key component of China's economic growth is low labor costs, but that could be changing. A think tank in China wants a major increase in minimum wage to try to reduce the rapidly increasing gap between rich and poor. Jocelyn Ford explains.