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...announced on Aug. 28 by China Unicom, the country's second largest mobile service provider, will make the phone available to hundreds of millions of mainland consumers, opening a huge new market to Apple. China now has nearly 700 million mobile phones in use, almost as many as the next two largest mobile-phone nations - India and the U.S. - combined. "Apple needs a good international success story to keep their momentum going, and China is a great candidate for that," says Duncan Clark, chairman of BDA, a Beijing-based telecommunications consultancy...
...Praising China's use of moral suasion to persuade the banks to cut back on lending instead of resorting to the blunt instrument of raising interest rates, ING sees GDP returning to its trend growth of 10% next year. The Shanghai index now "rests two standard deviations below the trend line that starts in early November 2008, which we consider strong support," says ING chief economist Tim Condon. "We do not expect the support to be broken...
...Tibetan leader got a taste of the island's raucous democracy immediately after he arrived. Holding up banners and the Chinese flag, dozens of pro-unification protestors shouted lines like "Roll back home!" and tried to prevent him from boarding the high-speed railway to the south. The next morning, across from his hotel, aborigine protestors held banners saying he was just doing "lip service," unlike other religious volunteers who were helping them rebuild their homes. When reporters asked him what he thought of the protests, the Dalai Lama cheerfully responded, "Wonderful. These people enjoy freedom of expression and thought...
...Despite those initial barriers, the iPhone seems likely to transform the mobile-phone market in China. While smart phones occupy just 10% of the Chinese mobile market now, that will jump to as high as 30% next year, Zhang says. Apple's model may take time to expand its market share, but it has already forced wireless giants like China Mobile to react. In July the world's largest mobile carrier said it was developing its own smart phones using software based on the Android operating system and manufactured by Dell, Philips and Samsung. If you want to know...
...Britain to investigate an assassination plot several years ago against Gaddafi - a plot which British officials deny ever existed. For its part, Britain wants Libyan officials to divulge information about the murder of British police officer Yvonne Fletcher, who was shot outside the Libyan embassy in 1984. What happens next between Britain and Libya could reveal whether al-Megrahi's release was the start of closer ties or the beginning of a long political...