"Selling a funeral service is like selling clothes. Do you argue with your customers to change their style? Or do you sell them what suits them best?" That's Qi Weijing, founder of Jiuhua Zhengyuan Co Ltd, a company combining funeral services with the internet.
It was a dark and rainy morning in the Tibet autonomous region, but my traveling companion and I could not sleep. The clock had not yet struck 4 am as we clambered out of our beds and prepared to make our way to the Shoton Festival, one of the region's largest annual celebrations.
China's biggest banks are accelerating their debt-for-equity program to offload distressed debts and to help reduce high corporate leverage.
BEIJING - Earnings reports this week from Industrial & Commercial Bank of China Ltd, China Construction Bank Corp and Agricultural Bank of China Ltd showed that their provisions for losses on bad loans - or nonperforming loans - stabilized last year, helping them to post higher-than-estimated profits.
Shenzhen China Star Optoelectronics Technology Co Ltd invested 35 billion yuan ($5.08 billion) on Friday to build a sixth-generation LTPS-AMOLED display screen production line in Wuhan, Hubei province.
From April 1, the Shanghai government will launch a new series of policies to ease enterprises' financial burden.
The unique geographical location of Central China's Henan province positions it perfectly to take advantage of opportunities opening up along the Belt and Road Initiative economies, said the Secretary-general of the Asian Infrastructure Investment Bank, Danny Alexander.
Dalian Commodity Exchange launched new soymeal futures options on Friday - the first commodity options in China - offering one more hedging tool for investors, as well as soybean processing firms.
HONG KONG - Chinese telecom equipment and smartphone maker Huawei Technologies Co Ltd said on Friday that its net profit edged up just 0.4 percent last year, its slowest annual growth since 2011.
BEIJING - China's top three airlines reported robust combined profits, even as currency losses from a weakening yuan eroded earnings.
Until the NATO meeting was rescheduled, there was plenty of hullabaloo over US Secretary of State Rex Tillerson planning to skip the NATO foreign ministers meeting, originally scheduled for April 5-6, in order to attend the meeting between the Chinese and US presidents.
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