Entries for January 05, 2007

Anybody who blinked over the holidays might have missed important news from China. DaimlerChrysler announced that by 2008 it plans to import small "B-class" cars built by the Chinese automaker Chery, the first time a Chinese-made car will go on sale in the United States. Pfizer won a big lawsuit that, in theory, will prohibit Chinese companies from selling blue, diamond-shaped knockoff pills that look exactly like Viagra. Best Buy opened its first Chinese outlet in Shanghai. And Westinghouse nailed a deal to build four nuclear power plants for China, which will bring about 5,000 jobs to western Pennsylvania and other states.