So you are thinking of starting a hedge fund. You are not alone.
Chinese consumer confidence remained high in the second quarter, thanks to average wage increases and a reduced consumer price index, Nielsen said on Monday.
First-half growth slowed in many provinces this year, although it picked up in the second quarter compared with the first as top-down stimulus measures kicked in and local governments took pro-growth steps of their own.
The government will revive mortgage-backed debt sales this week after a six-year hiatus, as China extends more help to homebuyers in a flagging property market.
Chinese stock brokerages are seeking to raise more than $6.2 billion from initial public offerings as capital constraints squeeze their operations.
The central bank will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity, rather than turning to conventional tools including lowering interest rates or the reserve requirement ratio, said Zhu Haibin, chief China economist at JPMorgan Chase & Co.
Xu Shouzhi and his 12 colleagues are typical of many groups of Chinese workers operating across Africa today.
A Chinese program through which thousands of Africans have learned modern farming techniques will be expanded into Cameroon this year, the company behind the initiative says.
In Africa, it can be a significant part of everyday life and as a result, represents a not insignificant part of the local fashion industry.
For many Chinese companies going to Africa, diving in at the deep end is the hardest thing to do. Unlike many of their Western counterparts in Africa with longer experience in operating outside their home countries, going to Africa is the first foreign foray for many Chinese companies.
Nothing but the best will do for Yao Mi's six-month-old son. For Yao, 27, of Hangzhou, Zhejiang province, that means catering to little Mantou's every need, including buying baby formula and nappies overseas.
Companies large and small, State-owned and private, are embracing a new way of doing e-commerce in China that they hope will revive flagging profits.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
