How many Silicon Valleys can the world hold? In all likelihood, there will be one in China, namely Shanghai and its surrounding area - despite some obvious early-stage problems.
To brace for rising uncertainties and an increasingly complex regulatory environment abroad, IT specialists are telling Chinese legal services to upgrade their data and litigation management systems.
Multinational giants - including FedEx, KKR and WPP - are eyeing enormous new business opportunities in China as the middle income population of the world's second biggest economy surpasses 600 million, 700 million in the foreseeable future.
The online wealth management products are growing in appeal for younger retail investors, filling a gap in financial services created by the inadequacy of traditional banks and stock markets in certain respects, experts said.
NEW YORK - Janet Yellen's soothing words on the pace of US interest rate hikes were a day late for hedge funds losing faith in the metal.
In 1999, when he was still 18, Ruan Hongming found employment in a bike factory in Shenzhen. But the worker from Guangxi Zhuang autonomous region left the job in 2002 as he didn't forsee bright prospects for the industry. Fifteen years on, he has rejoined the business.
In the cold early spring of Northeast China, Wang Chao, a bicycle retailer, clothed in no more than a single-layer blue garment, was sweating profusely, busy assembling new bikes and serving customers. No time for even a coffee.
The battle of colorful bicycles in China's bike-sharing market has turned fiercer.
China's cycle rental startup ofo - pronounced "oh-ef-oh" - is seeking to overtake competitors such as Mobike by venturing overseas.
Bike-sharing service provider Mobike has rolled out a series of tweaks to make its bicycles lighter and more comfortable to ride.
Rice from Thailand, blueberries from Chile, Australian seafood, French wine ... Zheng Meiqin is one among many new connoisseurs of imported goods that her local supermarket sells these days. In the store in east China's Fuzhou city, Zheng, 50, implements a prudent but proactive shopping policy.
China and Russia will strengthen financial cooperation, especially in the fields of currency exchange, currency settlements and banking cooperation, according to currency officials from both countries.
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