Citi to make hay while the sun shines

Foreign banks still have plenty of room for development in the Chinese market and it is unrealistic to expect them to achieve a large market share in only 10 years, said a senior executive at the China division of Citigroup Inc.

Lenders take big step overseas

Closer ties between Chinese banks and the international market that followed China's admission to the World Trade Organization (WTO) have increased the chances of the country's banks becoming major global players, analysts said.

Alliances have long way to go in China

Comment

Top Chinese investment bank weighs its options

The sluggish capital market is one reason why China International Capital Corporation (CICC), the country's leading investment bank, does not want to rush into overseas expansion, CICC's chairman Li Jiange told China Daily.

Smart presents a look into the future

Urbanization occurs naturally from efforts to reduce time and expense in commuting and transportation while improving opportunities for jobs, education, housing, and transportation.

Bank launches race to reduce workers' stress

SHANGHAI - US bank JPMorgan Chase & Co launched its first 35th running competition in Shanghai for the first time this month to foster a sports habit among its workers.

Coca-Cola announces winner of water-saving competition

BEIJING - Zhou Hui, a senior college student at Tsinghua University in Beijing, won the best gift she could imagine before her graduation - a chance to be a torch bearer in the 2012 London Olympic Games.

IN BRIEF (Page 22)

Tree planting gets under way in green drive

XICHANG, Sichuan - The Swiss Pharmaceutical maker Novartis International AG has planted the first batch of 12,000 trees in Liangshan Yi autonomous prefecture, in Southwest China's Sichuan province.

Colgate gets its teeth into oral health

BEIJING - Colgate-Palmolive China is offering free oral examinations and consultations, a move that accords with the Chinese government's call to improve the nation's dental health.

IN BRIEF (Page 22)

Textile world again expected for Keqiao expo

More than 500 major suppliers from home and abroad are expected at the 2011 Keqiao International Textile Autumn Expo set to run from Oct 25 to 28 in its namesake township in Zhejiang's Shaoxing county.