In this episode of China Money Podcast, guest Robert Blohm discusses his views on China's long-term challenges: – Changes of China's demographics point to lower or even zero economic growth sooner than expected – The low-hanging fruit of reforms has been exhausted and serious actions are need to sustain the economic miracle – China is […]

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In an enforcement action Friday, Hong Kong Customs froze more than 300 million Hong Kong dollars (US$39 million) in assets held by the popular file-sharing site Megaupload.com, which was shut down by the U.S. Federal Bureau of Investigation Thursday. More information available here: http://online.wsj.com/article/SB10001424052970204301404577174362457114578.html

Police are investigating a traffic accident in Castle Peak in which a 17-year-old male cyclist died.

A 49-year-old man has died and a 45-year-old woman was injured in a three-vehicle crash in Sha Tin.

The Fire Services Department says it has started disciplinary actions against a few staff members for failing to comply with operational guidelines while discharging their duties in a No. 4 Alarm Fire in the Lai Cheong Factory Building in early 2010.

Video: Romney Tells Some Guy To Go To China http://t.co/E4K0syzx Sounds like a good plan to me -> Chuck Todd Is Concerned Stephen Colbert's PAC 'Makes a Mockery of Our System' http://t.co/QZt0r51F Is he really that clueless? -> Elizabeth Economy: Don’t Forget Wukan http://t.co/dN59OKSW -> Google Abandons Anonymous Accounts With New Signup Form http://t.co/qkNOCfEE What's […]