Two investors in a brokerage house in Jiujiang, Jiangxi province, were shocked by the A-share market's nearly 6-percent plunge on Friday. Hu Guolin / For China Daily
China's equities market has suffered the worst three-week loss since 1992 as the government keeps rolling out measures to stabilize a seemingly unstoppable slide.
China and Singapore signed three cooperation agreements in Beijing on Friday as leaders of the two nations pledged to elevate their 25-year-old diplomatic relationship to a higher level.
Both the volatility and the three-week index dive in Chinese stock markets have been beyond the wildest imagination of most investors and should prompt the country's policymakers to take immediate and effective measures to preempt panic in the stock market.
The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday.
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Singapore-China ties will remain strong even after the death of the nation's founding prime minister Lee Kuan Yew, said President Tony Tan Keng Yam, after he became the second Singaporean leader to accept an honorary doctorate from China.
As helmsman of China's most profitable hotel, Rainer Burkle, the general manager of the Ritz-Carlton Shanghai, Pudong, said his biggest challenge is the city's weather.