Despite continued opportunities in rapidly developing economies such as China, most investment banks will struggle to return to pre-financial crisis levels of profitability due to "severe" regulatory and market pressures, according to a report by Boston Consulting Group.
With China's investment in Germany increasing at a rapid pace in recent years, the nation's top diplomat in the European country sought to assure that this would benefit rather than harm local economic and employment prospects.
Despite increased investment in recent years in a healthy number of funds focusing on China's booming cultural sector, the number of worthy deals being identified is reported to have dried up, according to experts.
China's urbanization drive not only increases demand, but also offers a chance to correct previous policy imbalances, said a World Bank economist who participated in the drafting of a special report on China's urbanization efforts.
As head of the China Council for the Promotion of International Trade, Wan Jifei has been passionate about creating a favorable environment for China's manufacturers to expand business abroad.
Song-and-dance duets are 78-year-old Ren Shuzhen's favorite, and like many other people in Northeast China, the resident of Jilin province spends almost the entire evening watching such duets.
Getting paid 50,000 yuan ($8,090) a day to dress in the latest fashion and have their pictures taken is no longer attractive for models working for Taobao.com. Instead, more of these beauties nicknamed as Tao Girl, are changing roles - selling clothes, not only modeling them, on the country's largest online shopping bazaar.
Taobao, the customer-to-customer online shopping bazaar founded by former English teacher Jack Ma, marks its 10th anniversary in May 2013. It recorded 1 trillion yuan ($1,618 billion) in transaction in 2012.
Finding your way around China's capital - and most cities - is easy to do on the go, thanks to many smartphone apps for travelers, Eric Jou reports.
The Shangri-La Hotel Haikou is offering visitors to China's southernmost province an alluring mix of tropical scenery and local color.
With the days growing longer and warmer, people in the capital are itching to trade their winter jackets for short-sleeve shirts and venture outdoors in search of fun.
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