IN BRIEF (Page 12)

Several shops and cars owned by foreigners were torched in downtown Johannesburg late on Thursday night and early Friday morning in continued anti-immigrant attacks, but the city that had seen the worst violence was calm. No violence was reported in the coastal city of Durban, where the violence began.

Internet to get cheaper, faster

China is likely to cut mobile Internet service charges and increase traffic speeds, industry experts said on Thursday after Premier Li Keqiang's comments on the expensive, mediocre-in-speed service spurred heated discussion.

'Revolving door' at firms in China

Turnover among chief executive officers in China was the highest in the world last year, and the rate of change may remain high this year as the reform of State-owned enterprises moves forward and the anti-corruption drive continues, according to a study by Strategy&.

Legend Holdings plans $3b IPO in Hong Kong to fund acquisitions

Legend Holdings Ltd, the largest shareholder of personal computers maker Lenovo Group Ltd, hopes to raise up to $3 billion on the Hong Kong stock exchange.

'Flippers' on shaky ground as rally heats up

Chen Peng, a 25-year-old rookie investor, is a man in a hurry. He has been frantically flipping stocks in the hope of making a fortune amid China's equity market frenzy.

What's news

Governments and policies

Quotes of the day

Belt and Road plan 'open' to all nations

Officials reiterated on Thursday that the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives will be "open" to all nations and are not limited by geography.

Unlocking the promise of innovation

For Joseph Jimenez, chief executive officer of Novartis AG, making a visit to China is an opportunity to seek ways to participate in the country's ongoing economic transition and shape the multinational pharmaceutical corporation's future strategy.

Q & A

China Daily talked to Yin Xudong, chairman of Novartis Greater China, with a focus on the company's ongoing development of research and development capability in China.

IBM to set up platform for health data analysis

International Business Machines Corp is joining with Apple Inc, Johnson & Johnson and Medtronic Plc to create a technology that will make it easier for healthcare companies to analyze patient data.

AIIB to operate in 'transparent way'

New bank to take 'lean, clean, green' approach to lending