Time was, Sherman McCoy could stride into Pierce &Pierce to bray for money on the bond markets with other "Masters of the Universe".
Strategic investor says benefits of landmark initiatives would be felt throughout the globe
For Zhu Huarong, competition in China's car industry is akin to war, and in one of its battles domestic automakers are fighting for market share overseas.
Despite the continued downturn in the Chinese economy, there appears no let-up in the Chinese public's insatiable appetite for branded products and services.
One reason why so many people are wary about where China is heading today is that many things its leaders have planned and promised have failed to materialize - at least not so far.
The European Union has been determined to achieve a level playing field in economic relations with each of its trading partners. Given China's growing importance on the international scene, European companies' trade with and investments in China has risen exponentially over the years, especially since China's entry into the World Trade Organization in 2001.
3M to cash in on emerging opportunities, boost innovation to ensure success, says top official
Buoyed by the huge growth opportunities, a growing number of multinational firms are moving away from other global markets and focusing on Chinese consumers, said a leading management expert.
Three decades after its debut in China, 3M Corp has centered its growth strategy on the tenet of "In China, For China". By finding a close match between its diversified and innovative technologies and the surging demands from various sectors of the local economy, 3M has been able to seize several growth opportunities in the world's largest emerging market.
PetroChina Co, the listed arm of the country's biggest oil and gas producer China National Petroleum Corp, has reported a 17.3 percent fall in net profit for last year.
The retail gasoline price has been cut by 240 yuan ($38.73) a metric ton, or 0.18 yuan per liter, and diesel by 230 yuan a metric ton, or 0.2 yuan per liter, starting from Friday.
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