Controls are about to ease on foreign ownership of domestic fund management firms to promote the opening up of the financial sector, the China Securities Regulatory Commission said on Friday.
Investors become cautious about the market, industry index indicates
PetroChina Co Ltd is reconsidering a plan to auction off its natural gas pipeline unit and could instead sell it to an affiliate, three people who were briefed on the matter by the Chinese energy giant told Reuters.
Baidu Inc, China's largest Internet search engine, reported better-than-expected earnings for the second quarter on Friday. However, with no aggressive investments made in the year, the Beijing-based company can hardly reassure analysts about its growth momentum in the long run.
The promise of a green card has seen foreign investors, the vast majority from China, invest $150 million in the New York Wheel, an observation Ferris wheel - the tallest in the world - planned for Staten Island.
Shivering with fever and vomiting incessantly, Zou Benshuang knew he had caught malaria again.
On Dec 5 last year, Wen Peng tucked into a plate of sauteed Chinese cabbage.
When Gao Zhiheng first arrived in Liberia, all she could think about were the swarms of mosquitoes flying around and threatening to spread malaria.
Except during his childhood, Liu Yang, a caf owner in Tianjin, has never found much use for a TV set.
He woke up on the couch countless times with an aching head and bloodshot eyes after catching matches at unearthly hours, but this year's World Cup was still one of the best experiences for Chinese soccer fan Du Peng.
On the day that Li Chang, 19, received admission offers from seven well-known US universities in late June, his father Li Wanjin had the most satisfying sleep in a year.
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