China's best-known sportswear maker Li Ning Co Ltd reported a 44 percent surge in net earnings last year to 643.3 million yuan ($93.5 million), boosted by a major asset selloff.
HONG KONG - As PetroChina Co, China's biggest oil and gas producer, prepares to report what may be its worst-ever earnings, investors are focused on billions of dollars that could be unlocked by a spinoff of its massive pipeline network.
HONG KONG - China Petroleum & Chemical Corp forecast that net profit for the first quarter of the year was expected to more than double on higher crude prices and stable demand, bolstering plans by the world's biggest oil refiner to raise capital expenditure for the first time in four years.
A special statistical modeling competition was going on in a well-decorated office in northwestern Beijing. The participants were a line of secretaries, human resource officers and marketing and public relations staff who knew nothing about the basics of coding and computer programming.
How many Silicon Valleys can the world hold? In all likelihood, there will be one in China, namely Shanghai and its surrounding area - despite some obvious early-stage problems.
To brace for rising uncertainties and an increasingly complex regulatory environment abroad, IT specialists are telling Chinese legal services to upgrade their data and litigation management systems.
Multinational giants - including FedEx, KKR and WPP - are eyeing enormous new business opportunities in China as the middle income population of the world's second biggest economy surpasses 600 million, 700 million in the foreseeable future.
The online wealth management products are growing in appeal for younger retail investors, filling a gap in financial services created by the inadequacy of traditional banks and stock markets in certain respects, experts said.
NEW YORK - Janet Yellen's soothing words on the pace of US interest rate hikes were a day late for hedge funds losing faith in the metal.
When I was 5 my mother took me to a painting class at a nearby "cultural palace" - a three-storey building made up of a ground-floor movie theater and many rooms open to children during the school holidays. There I received my first art message, not in my own class, but the one next-door.
Gao Peng, a curator, says the most difficult yet moving embrace he has ever seen took place between a man and his daughter in the gallery of Today Art Museum in Beijing, where Gao has been director for the past four years.
"Held high up against the sun, the violet bead of grape melts into a purple sea". Guan Yanfei wrote the lines when she was 12, for the thick album of paintings published in memory of art, in the way she saw it, as her first love.
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