Being pragmatic is good, being practical better. German Chancellor Angela Merkel was both when she said she had "no illusions" about the ceasefire agreement reached on Feb 11 to end the fighting in eastern Ukraine. It only offers a "glimmer of hope", Merkel said of the deal that she, Russian President Vladimir Putin, Ukrainian President Petro Poroshenko and French President Francois Hollande reached in Minsk.
China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of Transport issued a new rule permitting construction of wharves that can berth bulk carriers with a capacity of 400,000 deadweight tons.
The nation should maintain close cooperation with Russia in the energy sector and accelerate a new natural gas pipeline project, said Vice-Premier Zhang Gaoli on Friday in Beijing during his meeting with Alexei Miller, president of Russia's state-owned natural gas giant Gazprom OAO.
Guangxi Beibu Gulf Airlines Co Ltd's first flight, from the city of Nanning to Haikou in Hainan, took off on Friday.
Xiaomi Corp is unlikely to launch its smartphones in the United States any time soon, industry experts said on Friday, after the Beijing-based company said it was looking to dip its toes in Apple Inc's home turf.
The China Securities Regulatory Commission on Friday denied market rumors saying that the regulator will no longer accept applications for initial public offerings and refinancing from April. The CSRC said the draft plan for introducing the registration-based IPO scheme has been submitted to the State Council for approval.
Florists recorded a surge in sales of roses in the week leading up to Valentine's Day, with more people ordering luxurious bouquets of roses packed in boxes. Flower retailers expect a further jump in business with the arrival of the festival.
Those who buy flowers for Valentine's Day may not realize that eight out of 10 roses come from the Kunming Dounan Flower Market in Yunnan province, the largest flower market in China.
The cut-flower export business in Guiyang, capital of Guizhou province, is blooming thanks to its subtropical climate for chrysanthemum and orchid cultivation.
Investors may have fallen out of love with gold, but romantics bolstered by a better economy are pushing US jewelry sales for Valentine's Day to the highest in at least five years.
Japanese women jostled feverishly for elbow room at stores on Friday to buy Valentine's Day chocolates for the men in their lives - guys who do sweet nothing in return.
Those counting on the top leadership to shift their eyes away from the anti-graft windstorm should be on tenterhooks.
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Raymond Zhou
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Berlin Fang
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Huang Xiangyang
Chen Weihua
