"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."
Chen Jiahui runs his own Internet company in Ningbo, a city in northeast Zhejiang province, and learned to pilot a yacht last year.
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.
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.
Steve Cook has rolled out a lot of fitness videos, training schedules and diet plans.
Venture capital firms are moving into the sports industry as the market grows, fueled by China's wealthy middle class.
Chinese companies are increasingly trading in global commodities to secure long-term supplies and exert more influence over pricing mechanisms.
Growth in the global gold market is shifting from West to East and China should further liberalize its gold exchanges. This will allow international participation with the country finally "taking its place" in the world market, said Roland Wang, managing director for China at the World Gold Council.
Chinese oil companies' rapid switch of oil purchases from over the counter to exchange-based transactions has helped the eight-year-old Dubai Mercantile Exchange become a highly influential regional crude oil marketplace.
After only one weekend of the English Premier League season, Chelsea manager Jose Mourinho is in familiar territory: Embroiled in an irrational dispute, with his conduct being denounced.
David De Gea told Manchester United he did not want to play in the club's season-opener against Tottenham, manager Louis van Gaal revealed on Thursday.
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