People in southern Chinese cities are showing a growing enthusiasm for skiing equipment, with five southern cities listed among the top 10 purchasers of skiing-related products in China this year, according to Amazon China.
A top Beijing official vowed during the weekend to reinforce restrictive measures in the capital's real estate market to ensure steady home prices next year.
Deutsche Bank AG employees may owe their cash bonuses for 2016, however modest, to a last-minute bargain by Chief Executive Officer John Cryan.
One of the lessons I have learned over the years is that to beat the market you have to do just the opposite of what others do. In the battle for wealth the winners are always the tiny minority of people, because decisions made by the majority are always wrong. This is a market driven by herd behavior, and it always will be.
Wealthier Chinese tourists are willing to spend more during their trips to make sure they have the best time possible.
Xiao Chengjia, a 25-year-old postgraduate student, spent 5,200 yuan ($740) on an eight-day trip to Thailand in April. She booked her round-trip tickets 40 days before her departure from Shanghai, and enjoyed a 50 percent discount with the final price at 2,200 yuan.
Li Xinlei is planning a trip to Dunhuang in northwestern China's Gansu province. Rumor has it that some ancient grottoes might be closed soon to protect them from rough weather, and he wants to see them before it is too late.
Aging Chinese luxury travelers with leisure time on their hands are willing to explore some less-visited parts of the world.
"Through my brother's eyes, I saw factory after factory closed, unemployment grew, Dayton [a city in Ohio] became hollowed out," said Stephen A Orlins, president of the National Committee on United States-China Relations, but great changes have taken place due to investment from China.
Royal Philips of the Netherlands is looking to roll out a personal health ecosystem in the Chinese market to seek opportunities amid surging demand for health improvement, according to Jorgen Behrens, senior vice president, business leader, Personal Health Solutions at Philips.
Industry know-how, self-discipline and post-investment management are vital for private equity investors in China when economic growth is slowing, a senior executive of Kohlberg Kravis Roberts & Co LP has said.
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