China Lures More Investment

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China’s economic growth may be slowing, but for global auto makers, the Middle Kingdom is still the land of opportunity.

Top executives of the world’s largest auto makers spent Easter weekend at Beijing’s big auto show pledging allegiance to the world’s largest car market, outlining billions in new investments for factories and technical centers, and hawking new models tailored for the country’s affluent young.

http://online.wsj.com/news/articles/SB10001424052702304788404579521510670705136

Xiaomi Finding Its Groove in China Smartphone Market

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With interesting designs, superior pricing and an innovative marketing strategy, China-based smartphone vendor Xiaomi was able to become the top local brand in China in the first quarter of 2014, according to the recently published Digitimes Research China Smartphone Market and Industry Tracker report.

 

US Justice Department Charges Chinese with Hacking

US charges Chinese with espionage The United States charged five Chinese army officers with hacking into private-sector American companies.

This is the first cyber-espionage case of its kind. US prosecutors say the officers stole trade secrets and internal documents from five companies and a labor union.

Those companies were Westinghouse Electric, US Steel, Alcoa Inc, Allegheny Technologies, SolarWorld, and the US Steelworkers Union. ttp://www.bbc.com/news/world-us-canada-27475324