14 Jan '11, 4pm

"Ferrari celebrates 999th customer in China" -- keeping in mind they cost up to $500K+ in China after import tax

SHANGHAI: Ferrari celebrated its 999th customer in China, hoping for longevity in car sales. The luxury car manufacturer is confident that China will become the second largest market for Ferrari, after the United States, in two years' time. Ferrari celebrated its 999th customer with an exhibition of Ferrari models sold in China since its entry in 2004. The automaker has been paying special attention to the Chinese market, choosing to debut its '599 GTO' in Beijing last year, and displaying the HY-KERS prototype at the Shanghai World Expo. In addition, there is the '599 China', designed by Chinese artist Lu Hao, with pottery patterns from the Song Dynasty that was auctioned off in 2009. Last year, the Italian luxury car maker sold nearly 300 sports cars in China, a 50 percent increase over 2009 sales and a record for Ferrari since it entered the Chinese market some six year...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

Analysis: Ambition, fear means U.S. business to...

sg.finance.yahoo.com 14 Jan '11, 6pm

{ "market" : {"NAME" : "", "ID" : "sg", "TZ" : "", "TZOFFSET" : "28800", "open" : "", "close" : "", "flags" : ""} ,"STREAM...

TV programs in China with local dialects will b...

straitstimes.com 14 Jan '11, 1pm

CHINA - TV PROGRAMS with local dialects will be gradually phased out of prime time, Huang Sheng, vice governor of East Chi...

China to station troops in N. Korea

channelnewsasia.com 15 Jan '11, 7am

SEOUL : China is in discussions with North Korea about stationing its troops in the isolated state for the first time sinc...

Foxconn engineer jumps to death in China: media

channelnewsasia.com 14 Jan '11, 10am

SHANGHAI : A factory worker apparently jumped to her death after an incident at Taiwan's high-tech giant Foxconn, which ha...

Apple Inc has been slammed by environmental groups for its inaction on pollution and health concerns at iPhone plants

Apple Inc has been slammed by environmental gro...

straitstimes.com 20 Jan '11, 8am

On Apple's supply chain, some workers were poisoned and disabled, neighbourhoods and communities were polluted. -- PHOTO: ...