Home to the world's third-largest bond market worth more than 86 trillion yuan ($12.45 trillion), China has already attracted more than 1,200 overseas institutions to its onshore market so far.
"The hallmark of camp is the spirit of extravagance," the American writer and political activist Susan Sontag wrote in her first major essay "Notes on Camp" in 1964. "Camp is a woman walking around in a dress made of three million feathers."
China's top financial regulators have warned about risks in complicated financial products and banks' off-balance sheet business, in a bid to prevent cross-market risk contagion, according to senior officials on Thursday.
China will roll out a host of measures to expedite two-way financial opening-up, with Shanghai as the key pilot, top financial regulators said on Thursday.
Shortly after winning a 5G commercial license a week ago, China Mobile, the world's largest telecom carrier by mobile subscribers, has started arguably its biggest effort so far to invite bids for network construction and smartphone testing.
Chinese carmaker Geely Auto Group announced a deal on Thursday to partner with South Korean battery maker LG Chem to power its drive into the fast-growing new energy vehicle segment.
The 35-year-old US retailer Forever 21, which has said it will shut all of its stores in China, reflects the strain of fierce competition that fast fashion brands face in China.
German software and cloud giant SAP SE is scrambling to offer more localized services in China as part of its broader efforts to step up investment in the country, the fastest growing market for the company.
Following the opening of the Hong Kong-Zhuhai-Macao Bridge late last year, Deutsche Post DHL Group, which is headquartered in Bonn, Germany, decided to launch a cross-border truck service via the bridge that will cut transit time by 75 percent and costs by up to 15 percent compared with previous routes.
Moderate inflation and the global dovish monetary environment may provide more room for the Chinese authorities to adjust money and credit supplies as a tool to counter downside risks if trade tension escalates, said economists.
China is unlikely to face major inflationary pressure this year, despite the consumer price index, a primary barometer of inflation, hitting a 15-month high in May, analysts said on Wednesday.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
