China's economy has surpassed Japan's to become the No. 2 economy in the world, but economists deem that America doesn't need to worry about China leaving the US in the dust anytime soon, said an article in the Christian Science Monitor.
This month, Tata Group set another milestone: it became the first Indian family-run business to look beyond the family for a successor to Tata, who is due to retire by end-2012.
As dozens of U.S. billionaires pledge their fortunes to charity and the country struggles to shake off recession, philanthropy is a growing status symbol of the rich, experts say.
China's modern industries are moving from the coastal region to inland now.
The railway system may be China's most impressive infrastructural improvement over the last 30 years, since the country "has gone from having one of the world's largest rail networks to also having one of the best," said an article in Time magazine that will be published next week.
China's telecommunications equipment manufacturer Huawei has failed to enter the US market again because of the suspicion that it was "a front for the Chinese military" since its founder is a former officer in the People's Liberation Army, said an article in Financial Times on Aug 4.
I was 22 years old when my grandmother first told me about what she saw in Hiroshima as a survivor of the atomic bomb that levelled this city 65 years ago, and how it completely changed my grandparent's lives.
Over the past few months, the US government's diplomatic policy towards China tends to be more "functionalist" instead of "strategists" because of China's "increased assertiveness," according to an article of US Hudson Institute on July 30.
Aspiring Chinese luxury brands may face their toughest battle on the homefront, where shoppers often prefer big international names such as France's LVMH or Hermes that carry more prestige and more than a century of history.
Manufacturing in China shrank in July for the first time since March 2009 while it perked up in the euro zone, according to surveys that underscored the unevenness of the global economic recovery.
Urbanization is the path to prosperity. But it can also be just a fancy word for penury.
China is set to overtake Japan as the world's second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designed.
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