In a little more than two years, the number of offshore yuan centers has multiplied, helping investors in more countries skip a step in their currency transactions when doing business with the Chinese mainland.
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant.
Hong Zhijian, a 54-year-old company owner in Shanghai, drives from his downtown home to his suburban villa every Friday evening. Like many of the wealthiest people in Shanghai, he owns several properties in the city which serve various functions.
Visiting the market is part of Gu Xiuyun's daily routine. Carrying her basket, the 72-year-old walks through the narrow lanes near her home in Huangpu district for five minutes before arriving at the Ningbo Road Fresh Market in Shanghai.
Groups of Chinese students and housewives have been cashing in on the tremendous demand for international brands in China by taking up part-time jobs in the United States as agents facilitating the overseas purchases of goods online.
Calling FIFA a "dictatorship" under Sepp Blatter, presidential candidate Luis Figo dropped out of the election race on Thursday.
Investments spur innovation, competitiveness and change how both sides think, says report
Women are playing a part as important as their male peers in driving the growth of e-commerce in China, a report said on Thursday.
The nation's sovereign wealth fund has established a new subsidiary that will focus on overseas direct investment, a senior official said on Wednesday.
Improvement in business environment helps companies post robust growth rates, consider expansion, reports Wang Zhuoqiong.
They have always been small, close-knit family businesses. And for decades, they were the backbone of the Shantou manufacturing industry.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
