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As economic turbulence continues to roil banks, insurers and asset managers across North America, Europe and Asia, Chinese banks face an extraordinary opportunity - and risky new challenges, experts said. Page 2

Luxury Italian fashion house Fendi wants to turn all 15 of its stores in China into luxurious copies of its flagship outlet. Page 3

The huge boost in vehicle sales in China might have brought cheer to auto makers this year but the consequent rise in energy consumption and greenhouse gas emissions has also brought concern. Page 3

China is a second home to GE Healthcare, the company's senior executives said. Page 4

NASDAQ sees ChiNext, China's start-up bourse, as an opportunity for cooperation rather than a competitor to its China business. Page 5

Changsha, capital of central China's Hunan province, is attracting huge investment from home and abroad to boost the local economy. Page 8

A Chinese court barred a Beijing-based Internet site from selling material such as questions from the Graduate Management Admission Test, bolstering efforts by business schools to combat cheating by applicants. Page 9

The Shanghai Mercedes-Benz Arena will attract top-level stars from the world of sports and entertainment as well as provide huge marketing opportunities after it opens for next year's Expo. Page 10

(China Daily 12/21/2009 page1)