Chinese Internet IPOs: The Case for DangDang Over Youko

Among the Chinese Internet companies recently listing on U.S. exchanges, online video site Youko and e-tailer DangDang have gotten the most attention. Both present risks for investors, but it seems clear that DangDang’s longer…

U.S. Trade Deficit Plunges as Exports Hit Two-Year High

Aided by a jump in exports and a dip in imports, the U.S. trade deficit unexpectedly plunged to $38.7 billion in October, the U.S. Commerce Department said. A weaker dollar is making U.S. industrial and agricultural goods and s…

China Car Sales Reach Record High

Chinese car sales reached a record high in November as consumers rushed to take advantage of tax rebates and other government incentives.

Sales of passenger cars including multipurpose vehicles and SUVs jumped 29.3% to 1.34 million in November, Bloo…