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Business was going gangbusters for solar module-maker Suntech and its chief executive, Shi Zhengrong, just a few years ago. In 2007, Time magazine called him one of the heroes of the environment. In 2009, New York Times columnist Thomas Friedman
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Lights in a vacant room will switch off automatically in five minutes...A ball-like petsitter device helps feed and play with your beloved animals while you are away...Footpaths, cycling trails and green transport are planned around the city. In case
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Now, however, the Chinese Sputnik has crashed to Earth, and the Sun King has been toppled. Buffeted by fierce global competition, faced with a worldwide manufacturing glut and hobbled by heavy debt, Suntech's directors ousted Shi on March 4 and
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China continues to support a few specific players, major projects are now under way, and analysts are starting to buy into the solar industry. These factors have helped solar this week, so here's what investors need to know. LDK ) have both
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The first large-scale delegation from China, led by the Council for the Promotion of International Trade, on Tuesday met with Philippines industry leadersthe first in a series of dialogues and on-site visits since Beijing and Manila locked horns over
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Rite Aid I admit that I was completely stunned when Rite Aid reported a fourth-quarter profit of $0.13. Prior to this report, which put Rite Aid into the black for the year, the company hadn't turned an annual profit since 2007. But, just as I
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Chen Yuan (68), who, as the head of the CDB for 15 years, oversaw a massive expansion in the bank's role in helping finance an infrastructure boom at home and a surge in Chinese investments overseas, has given up his role as Governor of China's fifth-
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Other institutional investors also signed an agreement in early April to extend another 200 billion yuan in credit for building smart cities, the ministry said. This means that total credit of at least 440 billion yuan is likely to be granted to
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Petar Kujundzic Yuan banknotes are seen in this illustrative photograph taken in Beijing September 19, 2010. China's currency -- the yuan or renminbi (RMB) -- hit a 19-year high against the U.S. dollar last week. An appreciating currency should
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Maori Affairs Minister and Maori Party co-leader Pita Sharples may be in the dog box with his party over internal wars over the leadership. But he is part of a high-powered Maori contingent in the Prime Minister's trade mission to China and expects
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