Chinese army inspectors have launched a campaign against corruption that's eating up about $36 billion from the country's growing defense budget this year. Jocelyn Ford reports.
Chinese squatters have been registering trademarks of high-profile Western companies, hoping they'll pay ransom to retrieve their logo rights in China. Jocelyn Ford reports, they don't always know who they're targeting.
State-run newspapers in China today reported the government plans to force Wal-Mart and other foreign firms to allow employees to join a union. But it's not a win for the little guy, Jocelyn Ford reports.
The Bank of China's shares made a strong debut Wednesday on the Shanghai stock market. The sale raised $2.5 billion, making it mainland China's biggest IPO. Jocelyn Ford reports.
Franchising in China is growing at about 40 percent a year, one of the fastest-developing markets in the world. And Beijing recently changed the rules to make it easier for foreign franchises to join in. Jocelyn Ford reports.
Japan has already announced some limited economic sanctions against North Korea, after it launched several test missiles over the holiday. But critics say more drastic sanctions are needed. Jocelyn Ford reports.
China launches the world's highest altitude train tomorrow. The government says the train bound for Tibet will help the local economy by bringing in lots of tourists. But Jocelyn Ford tells us many Tibetans worry they won't benefit financially.
President Bush hosts a farewell summit today for Japanese Prime Minister Koizumi, who steps down in a couple months. Jocelyn Ford has more on the Japanese leader's legacy.
Honda has been pondering where in the Midwest to build its $400 million auto assembly plant which is expected to provide 1,500 jobs. The winner is Greensburg, Indiana. Jocelyn Ford reports.
