Zhang Yunfei, a ship model fan in his childhood, unexpectedly landed in the nascent market for unmanned surface vehicles.
The resource-rich Xinjiang Uygur autonomous region in western China will become the center of State-owned energy companies' reform this year with the launch of a pilot project by the country's biggest oil and gas producer in the area.
The irony of Chinese consumers going crazy for made-in-China, high-tech toilet seats being sold in Japan has led to bemusement among domestic sanitary players, with some trying to seize the opportunity nonethless.
China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook.
If you cannot beat them, join them. That's what US e-commerce company Amazon.com Inc must have thought when it decided to set up a virtual storefront in competitor Alibaba Group Holding's Tmall website.
Chocolate retailers recorded a further jump in business in the week leading up to March 14, White Day. This is a commercial holiday observed in some Asian countries, when men are supposed to offer gifts to their sweethearts, one month after Valentine's Day, when women gifted them chocolates.
Chinese regulators are turning to Japan for lessons on economic history, determined to keep the world's second-biggest economy from taking the same path of recession and deflation that has blighted its neighbor for the past 20 years.
Chinese banks are increasingly expanding into Europe to better internationalize the renminbi and integrate China's financial services into the global financial system.
While sectors of the Kenyan economy such as agriculture, tourism and the money market have taken a beating in the last few years, the nation's construction, automotive manufacturing and transport industries, each an important component of the economy, have flourished.
Last year the Chinese economy entered a phase that President Xi Jinping dubbed the new normal, which encompasses three challenges: a tempering of economic growth, structural adjustments and the re-examining of problems left by the 4 trillion yuan stimulus package of 2008-09.
Recently a few overseas China watchers have predicted, once again, China's imminent collapse. And again, one can only predict there will be something when there isn't. As with the stock market, where there will always be a danger to match one's call with the reality, predicting a country's collapse, or a regime's downfall, is, by nature, a risky game.
|
|
|
|
|
|
|
|