Two major Shanghai-based airlines released 2007 earnings previews yesterday, with China Eastern expecting a turnaround while Shanghai Airlines predicted a loss.
Elegant decor, subdued artworks and huge windows from which to enjoy the cityscape - Chinese banks are learning fast how to treat their most valuable clients.
Bank of China Ltd, which has the largest subprime-related holdings among Asian banks, fell yesterday after BNP Paribas SA said it may have to write down the value of overseas securities by 35 billion yuan.
Dr Richard L Sandor's latest trip to China came at the invitation of the International Advisory Council of Guanghua School of Management at Peking University.
Hong Kong blue chips rose yesterday, a day after suffering their biggest daily decline since September 2001, as investors bought beaten down shares across the board, helped by recovering Asian markets.
Increased health consciousness and more marketing have seen double-digit sales growth in milk products, according to a report by global market researcher Euromonitor.
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