Working together in a changing world
2011-05-16 14:12:55
Over the period of a generation, the world has changed beyond recognition. The categories of the Cold War, East and West, the Third World are gone; even the concepts of North and South are not clear anymore. We all live in one world now. People trade, travel and study across the borders more than ever before. On the flip side, we face challenges on a global scale as well, such as cyber-crime, climate change, terrorism and the proliferation of weapons. Interdependence is the political reality of today. Managing this interdependence is one of the great challenges of our young century.
China Mobile plays a vital role in emergency communications
2011-05-16 14:10:46
China Mobile Communications Corp, the world's largest mobile telecom operator by network size and subscribers, is committed to building a responsible network and improving its service quality.
Macao gets a new $1.9b casino
2011-05-16 13:43:50
Galaxy Entertainment Group Ltd, part-owned by Permira Advisers LLP, opened its HK$14.9 billion ($1.9 billion) casino resort in Macao on Sunday after an almost two-year delay because of the credit crisis.
Rich more willing to set up family foundations
2011-05-16 13:42:39
Mainland billionaires are showing an ever greater eagerness to establish family foundations for charitable purposes and to fall in line with what experts think is the most decent way for the rich to spend their money.
China protests EU first anti-subsidy duties
2011-05-16 13:38:09
China opposes the European Union's decision to impose its first-ever anti-subsidy and anti-dumping duties on imports from China, said Ministry of Commerce (MOC) spokesman Yao Jian on Saturday.
Publications consider their digital options
2011-05-16 13:33:45
Business and financial information publisher Dow Jones & Co says it has the patience to build its audience in China but it is not expected to maintain its online Chinese content free of charge forever.
Grand designs for capital's once-shabby street
2011-05-16 13:30:50
Visitors to Jinbao Street in downtown Beijing can be forgiven for not knowing it was full of shabby single-story houses 10 years ago. Now, the complex of top commercial properties is designed to offer people a high-end lifestyle while becoming world-famous for its Chinese culture.
HK becomes key hub for business schools
2011-05-16 13:28:59
When Professor Steve Dekrey moved to Hong Kong 15 years ago to set up the Kellogg-Hong Kong University of Science and Technology (HKUST) executive master of business administration (EMBA) program, he anticipated Asia being the world's new growth center, providing more marketing room for Asia business schools.
'No discrimination' over China contracts
2011-05-16 13:26:37
Commerce Minister Chen Deming said 2009 was a year when 55 percent of the 12,439 tenders for procurement of electromechanical products went to foreign enterprises. "China has followed strict tender rules to ensure a level playing field for both Chinese and foreign companies," Chen said.
Many young billionaires work to build fortunes
2011-05-16 13:24:25
Nearly 80 percent of the young and wealthy in China built up their careers from nearly nothing, the latest Hurun Report showed.
Magazines seek new revenues
2011-05-16 13:20:04
Consolidation in China's publishing industry, stemming from a gradual reduction in funding by the central government, will encourage more licensing partnerships between foreign-owned magazines and Chinese media houses.
ICBC posts strong trade financing growth in Q1
2011-05-16 13:17:51
The Industrial and Commercial Bank of China (ICBC) said its trade financing business has posted robust growth in the first quarter, with domestic subsidiaries conducting almost 290 billion yuan of in-balance-sheet trade financing, up 42.58 percent year-on-year.