Quotes of the day

Central bank injects $18.7 billion into market CHEN JIA

The People's Bank of China injected 120 billion yuan ($18.7 billion) worth of seven-day reverse repurchase agreements, or short-term loans to commercial lenders, into the interbank market on Tuesday.

Vanke profit slows despite more buyers in first half

China Vanke Co, the world's largest residential-property developer by revenue, posted slower net profit growth during the first six months of the year compared with gains in the same period last year.

Silver lining in Lenovo sales amid dark clouds

Lenovo Group Ltd has found a silver lining in its ailing smartphone business, as sales of entry-level handsets in overseas markets remained vibrant during the past few quarters despite a slowdown in China.

Looking beyond the real horizon

TCL Corp, a forerunner of Chinese firms venturing outbound for large mergers and acquisitions, will accelerate its globalization moves again with a focus on emerging markets.

Companies make hay from educational presentations on fighting graft

Companies that create sophisticated, museum-like educational presentations in support of the government's anti-graft efforts have sprung up around the country, as the drive to punish corrupt officials has intensified since 2012.

Print it, build it, move in: All in under three hours

The advent of a new technology not only excites us, but can have a profound effect on our daily lives.

Quotes of the day

"The central bank was able to stabilize the exchange rate thanks to China's $3.7 trillion in foreign exchange reserves. It will intervene only in 'exceptional circumstances' to counteract excessive volatility. The Chinese government has no intention or need to participate in any so-called currency war."

What's news

Governments and policies

Climbing on board the yachting craze

Chen Jiahui runs his own Internet company in Ningbo, a city in northeast Zhejiang province, and learned to pilot a yacht last year.

Buffett bets on Chinese tourists with Precision Castparts deal

With the purchase of Precision Castparts Corp, Berkshire Hathaway Inc's Warren Buffett is wagering that increasing world travel, especially in China and emerging markets, will buoy the aerospace industry for years to come.

Lean, mean fitness machine

Dong Wei went on a long, luxury cruise with her family to the Caribbean earlier this year. When she returned home to Beijing, she surprised her friends after losing weight.