China is investing significantly to develop blockchain technology to reshape financial services. Digital currency and global payments may be the first applications.
Technological innovation is transforming the business models of commercial banks' corporate clients, thus driving changes in their demand for more flexible supply chain financial services, working capital financing, and consulting services relating to mergers and acquisitions, said The Boston Consulting Group in a latest report.
When Xiao Di, 22, went under the knife last year to have her face changed, she was already a veteran of cosmetic surgery, having had a suture inserted to give her double eyelids when she was 18.
In the 1990s in China almost everybody who consulted a plastic surgeon did so se eking a remedy for congenital malformations or to repair deformities and scars left by injuries and burns.
Jussi Pylkkanen thinks himself more of an aficionado and part of the cultural landscape - that connects museums, foundations and art dealers from the four corners of the earth - than the president of Christie's, one of the two biggest international auction houses.
Now that Election Tuesday is over, retailers are counting on the Americans turning their attention to Black Friday.
High-level trade talks between the United States and China ended on Wednesday in Washington, with both sides saying much had been achieved in brokering a range of consensus and hammering out positive results.
The Chinese don't really celebrate Thanksgiving Day, the US public holiday.
Jia Yi, a white-collar employee from Chengdu, the capital city of Sichuan province, is passionate about overseas brands and products. She is now considering buying a stylish Coach handbag during Black Friday, the start of the Christmas shopping season in the United States.
China will tighten risk control of commercial banks' off-balance-sheet activities, which have been growing rapidly to a tremendous size in recent years.
Ctrip.com International Ltd will buy air-ticketing specialist Skyscanner Ltd for about 1.4 billion pounds ($1.7 billion), as China's biggest online travel company explores ways to expand beyond a home market it already dominates.
China has become the safe harbor amid global economic uncertainties and foreign investors are actively participating in the A-share market, according to the vice-chairwoman of JPMorgan Asia.
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