China Quanjude Group, a State-owned restaurant chain that has been serving traditional Peking roast duck since 1864, is reported to be planning corporate restructuring, which could include a potential changing of its name to "China Beijing first meal".
A committee of Taiwan's legislature on Wednesday revoked legislation that prevents extremists from putting pro-independence stickers on island-issued "passports". A meaningless and unnecessary political gimmick that only further poisons trust across the Taiwan Straits.
The China Banking Regulatory Commission recently issued a series of specific requirements aimed at further strengthening the overseas risk management of Chinese financial institutions.
CHINA IS RAISING the tax on retail goods imported by e-commerce organizations by a large margin from Apr 8. Beijing News commented on Thursday:
LAST SEPTEMBER, police in Shanghai municipality found that several suspects produced over 17,000 tubs of counterfeit milk powder bearing the labels of well-known domestic brands, which were sold in seven provinces and municipalities.
THE PERSONAL information of more than 200,000 infants and children aged from 1 to 5 years can be bought at the price of only 32,000 yuan ($4,920) in Jinan, capital of Shandong province in East China.
The global economy faced many challenges in 2015. In fact, it registered the lowest growth rate in six years, owing to factors such as very low growth of global trade, steep falls in commodity prices and increasing fluctuations in the international financial market.
Some media reports say a youth returned to China after graduating from a university abroad and decided to receive technical training in Qingdao Technical College, East China's Shandong province, so that he could get a good job.
My on-the-ground experience in China stretches back to the beginnings of the reform era in 1981. Yet I cannot recall a time when so much pessimism, especially in English-language media, has surrounded the Chinese economy. Yes, it is a time of large, perhaps unprecedented transition and challenge.
As a close observer of several US presidential elections, I have found the 2016 race bemusing in both predictable and unpredictable ways.
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