Archive | July 2, 2012

Machine guns for China's police forces

Reblogged from China Daily Mail:

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While the world bites its nails over China’s military growth, China itself has more internal concerns. 2012 marks the second year since national spending on “public security” has surpassed that of the military.

This year’s budget for jails, courts, police and various security and para-military forces is 701.8 billion yuan (US$110 bn), an 11.5% increase from 2011.

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OMG!

Apple pays $60M to settle iPad case; Foxconn plans Brazil iPad factories

Reblogged from China Daily Mail:

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Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market.

Apple’s dispute with Shenzhen Proview Technology highlighted the possible pitfalls for global companies in China’s infant trademark system. It also posed a challenge for the communist government, which wants to attract technology investors to develop China’s economy.

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I wondered how long it would take China to wake up and smell the money making questionable opportunity - I couldn't figure out why Apple didn't see this coming - given China's dictatorial nature.