Bridgewater Associates, the world's largest hedge fund with around $150 billion in assets under management, has set up an investment management unit in Shanghai, according to a Chinese government website filing, signalling that the firm is looking to expand its bets on China.
Chinese mainland stocks traded in Hong Kong rose the most in a month, with commodity producers gaining as oil prices climbed and President Xi Jinping vowed to press ahead with plans to cut capacity at State-owned enterprises.
The Shanghai and Shenzhen stock exchanges will publish new rules on trading halts as early as next week, the China Securities Journal reported, a move that would increase the chances of the country's stocks being included in the global MSCI trading indexes, widely used as benchmarks for foreign share portfolio performances.
Hip-hop dancers, military marchers and daredevils in winged suits are bringing China's internet titans into the world of virtual reality.
General Electric Healthcare Co, a leader in the high-end medical devices market, said it is bullish on the long-term growth of the biopharmaceutical market in China, and the market for biological medicine and devices is expected to grow significantly.
China Nuclear Engineering Corp, the country's major nuclear construction giant, has got approval for an initial public offering.
BOC Aviation Ltd, the aircraft leasing unit of Bank of China Ltd, has attracted investors including Boeing Co and the Chinese sovereign wealth fund to buy shares in its $1.1 billion initial public offering in Hong Kong.
A sudden plunge by Chinese mainland stocks in Hong Kong had traders scrambling to find a trigger for the slump that coincided with a surge in futures volumes.
"Zimei Jie" (Sisters' Day), a five-day festival similar to Valentine's Day, is helping boost tourism in an ethnic county in Southwest China.
Caravans of camels carrying silk, jewels and spices along the Silk Road are long gone, but cargo trains linking Chinese cities with Europe are taking the ancient road into a brand-new future. Lin Zhengpeng's electronics products used to take 40 days to reach Poland by sea. Now, with a new train route linking Europe and Wuhan City where his company is based, it takes just two weeks.
The bazaar before the ancient Karnak Temple in Upper Egypt's Luxor tourist city bustled with a substantial number of Chinese tourists visiting the city, following months of acute recession.
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Raymond Zhou
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Chen Weihua
