Bright future for white spirits

The Chinese liquor industry is expected to have impressive growth potential in the future despite the present downturns caused by the government's crackdown on luxury banquets, said Frost & Sullivan, a US-based market consultancy.

Detroit seeks to avoid record bankruptcy

Detroit is suspending payments on $2 billion of unsecured debt, marketing parking garages and telling retirees to rely on President Barack Obama's healthcare law to avoid a record municipal bankruptcy.

Market roundup

Calling for new type of industry

Telephones ring nonstop everywhere in the spacious glass-walled modern office overlooking a relatively less developed neighborhood.

Envisioning a new future

China is the world's largest buyer of high-end cameras, with the expanding middle-class population likely to fuel demand, said an executive from Canon Inc, the Japanese camera maker.

Lack of hardware manufacturing hits India

Global technology companies such as Samsung Electronics Co, Apple Inc and Sony Corp are poised to see surging sales in India as the country's anemic technology manufacturing sector can't satisfy booming demand for TVs and smartphones.

Tech bytes

Funding pro specializes in SOEs

Investment | Cai Xiao

Avoiding failure in the world of corporate business

Management | Zheng Yangpeng

Nation faces huge challenges ahead

The Chinese stock markets reacted impatiently after the Dragon Boat Festival (Monday through Wednesday) to the changes in the outside world or, to put it another way, a lack of changes inside the country.

Microblog insights

Topic 1: Chinese wine dealers began to stockpile European wines in the wake of China's investigation into EU wine announced this month. China's announcement came after the European Commission decided to levy punitive tariffs on the country's solar panel products. The Ministry of Commerce in Beijing said the wine investigation is not a retaliatory measure.

Creative thinking benefits Shanghai & HK

Fang Jinqi, a well-off 32-year-old real estate agent from Shanghai, goes to Hong Kong at least once a month to stock up on the latest fashion and savor the finest Cantonese food served at eateries known only to connoisseurs.