A Belgian friend, who runs a medium-sized chemical company and employs four Chinese nationals, recently said a multinational is not worth its name today if it does not employ Chinese and do business with China.
Against the backdrop of global capital and currency market turbulences, it was crucial the G20 finance ministers and central bank governors, who met in Shanghai over the weekend, agree to take concerted actions, including monetary, fiscal and structural measures, to combat downside risks and restore investor confidence.
Terrorism is on the rise worldwide, and the situation in China is no exception.
AN ONLINE POST BY A COUPLE IN SHAOXING, East China's Zhejiang province, seeking to raise money for their 7-year-old daughter who suffers from leukemia, recently went viral and ended up collecting about 260,000 yuan ($39,000).
CHINA'S FIVE LARGEST COMMERCIAL LENDERS, Agricultural Bank of China, Bank of China, Bank of Communications, China Construction Bank, and Industrial and Commercial Bank of China reportedly plan to stop charging for domestic transfers made via mobile devices and to scrap the fees on online transactions of less than 5,000 yuan ($766).
STUDENTS AT a high school in Anyang county, Central China's Henan province, are reportedly charged 75 yuan ($11) per semester to pay for the dishwashers working in the school canteen.
Last year, Singapore and China commemorated 25 years of diplomatic relations, culminating in the exchange of state visits by Singapore President Tony Tan and Chinese President Xi Jinping.
In the run-up to a major policy decision in China, editorials by high-ranking authorities in major publications, as well as reports and communiqués from official forums and meetings, almost always provide clues to what could happen. You just have to know how to read them.
Japan is making increasing efforts to serve the growing number of Chinese tourists visiting Japan.
Newly formed China COSCO Shipping Corp Ltd and France's CMA CGM SA are reported to be planning a new container partnership to challenge the huge 2M alliance.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
