When Victoria's Secret opened its Shanghai store recently, its model, Xi Mengyao, 28, a local, said she didn't really know where to buy inner wear until the famous US lingerie brand set up shop in her hometown. Her peers took Xi's confession with a pinch of salt though.
China Southern Airlines Co said it is in talks to sell a stake to American Airlines Group Inc, betting big on the forecast of massive demand for travel between the two countries.
A Chinese aircraft manufacturer said on Monday it will deliver one Y12E aircraft to Micronesia this year.
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.
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