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Copper leads markets higher

A brokerage in Haikou, Hainan province. Chinese stock indices rose on the last trading day of 2010, but the market remained one of the world's worst performers over the course of the year. [Photo / China Daily] SHANGHAI - China's stocks rose on Friday, paring the worst annual ...

Robust rise in Chinese wages through 2015

The booth of China Merchants Bank at a financial expo in Shenzhen, Guangdong province. China Merchants Bank Co, Dongfeng Motor Group Co and Tencent Holdings Ltd are some of the companies that may benefit most from the increases in consumption, Credit Suisse said. [Photo / China ...

Smart money

Yin is convinced it's a battle between "mothers and the big powerful institutions". [Photo / Provided to China Daily] Shanghai Don't follow the crowd when it comes to investing, a 50-year-old single mother tells Gao Changxin. Her investment strategy for 2011 is straightforward. ...

Nest Eggs

Sun Yanfeng and Wang Siqi meet real estate agents twice each month. [Photo / Provided to China Daily] Shanghai For this engaged couple, buying a house is the first step to security in a city of sky-high real estate prices, they tell Wu Yiyao. Sun Yanfeng, 25, is about to get ...

More global Chinese IPOs

The Agricultural Bank of China booth at the Sixth Beijing Financial Exhibition in April. Buoyed by the world's largest IPO of $22.1 billion by the bank, the Hong Kong Stock Exchange was ranked top in terms of IPO value by raising $51.29 billion with 79 flotations in the first 11 ...

Green car subsidy trials start in five pilot areas

A BYD electric car is on display at Auto China 2010 in Beijing. BYD's production goal for its green cars is 1,000 units in 2010. It has no plans to shift to mass production this year. Provided for China Daily News of sector incentives pushes lithium-battery maker shares up ...

Li Ka-shing is HK's richest: Forbes

Li Ka-Shing, preident of Cheung Kong Group, at 2009 interim results announcement in Aug 2009. [Xinhua] Li Ka-shing, chairman of Cheung Kong (Holdings) Ltd, is Hong Kong's richest person with a net worth of $21.3 billion, Forbes Asia Magazine reported, after his wealth gained $5 ...

Yao Ming slams 30m yuan into gold basket

An ad of Garmin's GPS product with Yao Ming as the image spokesman. [Photo source: Internet] With more celebrities making a fortune in the Chinese stock market, the famous basketball player, Yao Ming is also getting on board. Beijing Unistrong Science & Technology Co Ltd, a high...

Hanwang float makes owners rich overnight

BEIJING - Liu Yingjian, founder and chairmen of China's largest electronic handwriting recognition company had a key business goal fulfilled on Wednesday with the listing of his company, Hanwang Technology Co Ltd, on the stock market after years of delays. Floating 27 million ...

China's shining light in the energy challenge

Entrepreneur believes 60 percent of the world's power will come from the sun 100 years from now XINYU: Peng Xiaofeng is not one to be deterred from his personal mission by the heavy rain pouring down outside his office. It might be a dreary day in Xinyu but the 34-year-old ...

Reflections on wealth and management from a home-grown private entrepreneur in China

Wu Jiayuan is typical of China's older generation of home-grown private entrepreneurs. Having started from the bottom of the ladder at Hubei Dengfeng Heat Exchanger to eventually become chairman of its board, his international business career couldn't be more different than his ...

Doctor Jiao's big brew leaves others behind

LongRun aims to increase its chain stores and franchises to more than 200 by March Dr Jasper Jiao's life story is a classic tale of rags to riches, hard work, determination, eventual success and, indeed, enlightenment. The chairman of LongRun Tea Group Co Ltd is the eldest of ...

China's one-time richest man jailed for 14 yrs

File photo of Huang Guangyu. [Agencies] China's one-time richest man and the founder of a major retail chain was jailed for 14 years on Tuesday for bribery, insider trading and illegal business dealings, media reported. Huang Guangyu was also fined 600 million yuan ($88 million) ...

China's richest lose crown as shares plunge

Li Li, founder and chairman of Shenzhen Hepalink Pharmaceutical Co. On Wednesday, founders of drugmaker Shenzhen Hepalink Pharmaceutical Co Ltd lost the title of the richest people on the Chinese mainland as their shares slumped for three consecutive days, chinanews.com.cn ...

Rogers, Faber advise paring investments

SINGAPORE - Investors should consider paring their holdings after a plunge in US stocks on Thursday, according to Jim Rogers and Marc Faber. Jim Rogers, chairman of Rogers Holdings. Equities had a "normal correction" and were "overdue for a sell-off" after rallying from last year...

Pharma firm Hepalink tops IPO price, soars on debut

Li Li, founder and chairman of Shenzhen Hepalink Pharmaceutical Co. BEIJING - Shares of drugmaker Shenzhen Hepalink Pharmaceutical Co Ltd soared on the company's trading debut on Thursday against the backdrop of the sharp plunge of the overall market as analysts said it may boost ...

South Korea calls for global financial safety net

Changyong Rhee, secretary-general of the Presidenttial Committee for the G20 Summit, wants more measures to help emerging countries during crisis times. BEIJING - South Korea, which will host the November meeting of the Group of 20 (G20) leading economies in Seoul, will push for ...

Zhang set to join ICBC as vice-president

Lee Zhang, 45, will be the first top-notch investment banker from a Western bank joining a Chinese State-run leader. BEIJING - Deutsche Bank AG's top Asian executive Lee Zhang is expected to join the Industrial and Commercial Bank of China (ICBC) as vice-president, sources ...

Liu Yang: China's female Buffett

Liu Yang When Liu Yang, now the most successful female fund manager in China, said in 2001 that China will become an important market for institutional investors, few people took her words seriously. Today, with more than $3 billion under her management, the chairman of Atlantis ...

Rogers: Inflation threat extremely serious

MUMBAI - Investor Jim Rogers, chairman of Rogers Holdings, said the threat of inflation is "extremely serious" and the world is in an ongoing bear market for financial assets. Jim Rogers, chairman of Rogers Holdings Rogers, who predicted the start of the global commodities rally ...
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Latest World News

china

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world

finance

Reforms to fuel Shanghai's growth in 2014
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Economist sees world economy strengthening in 2014
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company

industry

Chinese leader calls for more marine power
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Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...
Court rejects Apple lawsuit over iPad name
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Super car club in commercial drive
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On the night of Nov 11, more than 150 super cars were driven into the ...

trade

sports

Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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