The spreading global financial crisis is sending shockwaves through China’s manufacturing sector. The theme of 2009 will be to fight for survival.

China’s private businesses are often subject to the predicament of strategic expansion and rough management, mainly because of the immature state of the country’s new market economy.

Tackling a global economic recession will require not only quick and aggressive responses, but also a prudent, rational and targeted approach.

China and India have been working hard to shed their images as the workshop and the back office of the world respectively. But now, the two nations are competing to become the “global turn-key contractor”.

After patterning itself after eBay, Taobao is now copying another foreign Internet icon.

The birth of virtual currency is the inevitable result of the rapid increase of Internet applications. However, it is also only a temporary substitute before the wide spread of e-currency.

Amid increasing competition in China’s auto market, Guangzhou Honda is using flexible, lean production to maintain a steady ride.

Dairy giant Taizinai is in crisis. To blame are flawed decision making, blind expansion, and the personality of an all-powerful leader.