When Gary C.K. Huang joined the Rotary Club 32 years ago, he never imagined that he would become the president of this international organization. Nor did he think much about the charitable services to which it's committed.
Two days after she officially assumed the mantle as the senior minister of Riverside Church, the Rev Dr Amy K. Butler, the first woman to hold the job, was chuckling on the couch of her 19th-floor office in the church's Gothic tower in Morningside Heights.
Prices of smuggled iPhone 6 and iPhone 6 Plus units plunged in Beijing as Apple Inc and its Chinese partners prepare to deliver authorized handsets on Friday.
Global private equity firm Bain Capital said on Thursday that it had acquired an 80 percent stake in Chinese financial leasing company Lionbridge Financial Leasing (China) Co Ltd for an undisclosed sum.
Royal Dutch Shell Plc has teamed up with payment solutions provider China UnionPay for a new payment facility at its retail stations in Beijing, as part of the energy giant's efforts to expand its network in China.
Alipay, the online payment affiliate of Alibaba Group Holdings Ltd, is launching a new tool that will help US and European retailers sell products directly to Chinese consumers.
China's top economic planner on Thursday announced the approval of three new rail projects as part of the ongoing drive to rejuvenate the economy.
China's top planning agency has issued stricter rules for approval of bond sales by local government financing vehicles, people familiar with the matter said.
Food producers from Liaozhong county in Liaoning province have reported a steep rise in orders from Russia as a result of the yearlong ban on Western goods announced in August by Moscow.
New local-currency loans rose for the third consecutive month in September to 857.2 billion yuan ($140 billion), up 70.2 billion yuan from a year earlier, and analysts said the increase shows that the economy has stabilized with the help of mini-stimulus measures.
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Raymond Zhou
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Chen Weihua
