There was a time when Yixing, a county-level city under Wuxi, used to be renowned for ceramic teapots and tourism.
Divergence in the performance of large State-owned lenders and private-sector listed banks in China will increase this year, and liabilities will be in focus as competition among them heats up, analysts said.
The Chinese currency renminbi is expected to stay strong against the US dollar in the short term, having risen 2.8 percent by the end of January and 6.3 percent in 2017, said Liu Gang, an analyst at China International Capital Corporation Ltd or CICC.
On a freezing evening in late January, Han Dan and a female friend jumped into a taxi in Beijing.
Arriving at Shanghai in his business jet late at night, Alex Gorsky had only a few hours' time to rest before appearing at Johnson & Johnson's Shanghai office at 6 in the morning.
The day after Tesla and SpaceX CEO Elon Musk blasted his Tesla Roadster into space, his electric car company's mounting losses brought him back to Earth again.
Bank of China Ltd - China's fourth-largest State-owned commercial lender by assets - is exploring smarter ways to allocate financial resources, improve efficiency and control risks by using artificial intelligence and big data technologies.
The recent news that several State-owned coal, electricity and investment companies from Shanxi and Jiangsu provinces will establish a joint venture has drawn wide attention and applause from China's coal-fired electric power community.
BEIJING - After decades of rapid growth, China is shifting its economic focus to high-quality development, with "developing a modernized economy" high on the agenda. Now an economic catchphrase, the idea provides a blueprint for the world's second-largest economy during the next five years and beyond.
The Hong Kong Stock Exchange broke out of its downward trend with the benchmark Hang Seng Index gaining 0.42 percent on Thursday, ending a five-day losing run. Analysts said the market's growth momentum will ease in 2018, with the index remaining volatile in the first half of the year.
BEIJING - Share prices on the Chinese mainland markets ended lower to post a third consecutive session of losses on Thursday, with the benchmark Shanghai index hitting a six-month low, even as data showed the country's trade performance in January exceeded expectations.
Canyon Bridge Capital Partners LLC, a Chinese-backed private equity fund known for being blocked by the Trump administration from buying a US chipmaker, has shifted its attention to Europe and is set to complete a new investment in a major European technology company in the coming months.
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