China stocks weakened on Wednesday despite strength in property shares, with thin trading indicating investors' reluctance to participate days ahead of the weeklong National Day holiday that starts on Oct 1.
China's wealthy are flocking to investment products that buy bank-issued securities and soup up returns using leverage. That is, they use borrowed funds to buy additional securities. If the securities end up with a higher rate of return than the borrowed funds, then the investment product can make high returns.
As a child growing up in a poor rural area in Jiangsu province, Chinese writer Xu Zechen had nothing to read but a magazine targeted at mature readers and a semimonthly on politics, both subscribed by his grandfather.
PepsiCo Greater China Region officially launched the "PepsiCo Nutrition In Action" program in China in late 2015, and donated funds and materials totaling 1 million yuan to China Foundation for Poverty Alleviation. It is providing nutritious meals and conducting educational activities on nutritional knowledge for schoolchildren in poor areas of Zhaotong, southwestern China's Yunnan province.
The Lancet, the leading medical research journal, is calling for positive social attitudes toward breast-feeding, stricter policy interventions and better regulation of the breast milk substitute industry to increase worldwide the practice for the health and economic benefits for women.
Luneng Group, a unit of State Grid Corp, the electricity transmission and distribution utility, said it will build amusement parks jointly with BBC Worldwide in China.
Qingdao-based Sino-German Ecopark, the only strategic cooperation park in China between the Chinese and German governments, has been pushing forward the standardization of energy-saving buildings domestically and internationally.
Financial analysts predict the mainland brokerage sector will remain positive despite a recent market sputter in which mainland financial institutions have had to lower their initial public offering target price.
Hong Kong stocks recovered some ground after sinking the most in two weeks on Monday as investors judged Hillary Clinton the winner of a US presidential debate. Casinos and banks led gains.
Jamie Dimon and Sergio Ermotti starred in the roadshow promoting Postal Savings Bank of China Co's share sale. Yet the executives' participation in this year's biggest initial public offering also serves as a reminder that investing in Chinese banks isn't what it used to be.
China's expanding Belt and Road Initiative will further integrate with the development programs of partner countries - including Indonesia's Maritime Power Strategy - for a new growth momentum to boost the region's economy, senior government officials said on Monday.
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