Business, Finance & Economics

Business, Finance & Economics

In China, imported fruit is the must-have luxury item for the new year

Updated

Chinese New Year begins next week and all across China people are getting ready. It’s a time for visiting friends and relatives. Throughout the country, people stock up on fruit to eat at home with family and to give as gifts. These days, Chinese shoppers are opening up their wallets for a particular luxury item — imported fruit.

Business, Finance & Economics

Detroit's existing immigrant communities feel left out by a new proposal to attract skilled immigrants

Michigan Governor Rick Snyder is pushing immigration as one solution to Detroit's economic woes. He's asked the Obama Administration to designate 50,000 visas to attract skilled immigrants and entrepreneurs to the bankrupt city during the next five years. But Detroit's existing immigrant communities insist they be included in the economic strategy to bring Detroit back.