Chongqing communist party boss Bo Xilia might have been sacked from his post as provincial leader, earlier today, but that does not mean the big shot is finished, explains political and financial analyst Victor Shih in Bloomberg.Read More →

The political trouble surrounding political big-shot Bo Xi-lai has still not been solved, tells political and financial analyst Victor Shih in Business Week. More than a week after he sent 100 police men to surround the US consulate in Chengdu to fetch Wang Lijun, Beijing still has to act.Read More →

American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.Read More →