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        BIZCHINA> Editor's Choice
        Editor's Choice
        NPC & CPPCC sessions 2009: Biz & Economy
        China will be able to achieve the economic growth target of about 8 percent in 2009, if proper policies and measures are taken, said Premier Wen.
        Pacific Asia pursues niche energy prospects
        "We're a mini-Texaco, but really mini is too big of a word. We're like a micro-Texaco," Ingriselli said.
        Picking up the threads all over again
        Yuan's taxi number is 0512, something that works in his favor, as he is able to get more passengers.
        Let one billion customers bloom
        James McGregor, a journalist-turned businessman, keeps a statue of Lei Feng as a reminder to help others.
        Silver screen salvo lights way
        China's film industry starts the new year with a booming box office fueled by what pundits hold are moviegoers looking for some escape from a gloomy economy.
        Firm going skin deep in Chinese mainland
        Lim Meng-teng has persisted in his original plan to venture onto the mainland from his Hong Kong base with his cosmetic dermatology group.
        China to raise tax rebate for garment, textile exports
        China will increase the tax rebate rate for textile and garment exports from 14 percent to 15 percent.
        China promotes home appliance subsidy program in rural areas
        The Chinese government is looking to tap domestic consumption, especially in unexploited rural markets.
        Lenovo reboots again for 2010
        For employees and executives of Chinese computer maker Lenovo Group, the beginning of the new year didn't bring fortune to them as usual.
        Motown more like a ghost town
        DETROIT: It was showtime again in the Motor City, but not as glaring, full-blown and bustling as before.
        The 1997-98 crisis offers lessons to China
        History is repeating itself in many different ways, as the current economic downturn in China parallels the 1997-98 Asian financial crisis in many ways.
        A mysterious message millionaire
        Pony Ma is a mystery to many. He seldom accepts interviews, but his name appears in the media almost daily.
        China economic hubs face tough times amid crisis
        Guangdong and Shanghai, China's two economic hubs, have suffered setbacks due to the global financial crisis and forecast even worse prospects.
        Online shoppers defy bear trend
        "It's convenient and fast to buy high-quality foreign products online."
        Overseas Chinese eye motherland for jobs
        Some cities and firms in China are quick to exploit the opportunity to lure back native talent.
        Chance encounter
        After 30 years of development, the private sector has become the main drive of Wenzhou's economy.
        Fueling reform in the pipeline
        China's long awaited fuel tax reform means positive changes for the public and the environment.
        Serviced apartments a growing market in economic downturn
        During every economic downturn, certain businesses prosper.
        Steering progress
        After 1978 when China threw its door open to the outside world, some brave foreigners came to China and built pioneering, thriving businesses.
        China's stimulus package: Will it work, and what's next?
        Some analysis suggests that the $586-billion stimulus package could contribute 2 or 3 percent to growth, fending off any risk of a hard landing.
        Telex to Internet
        If Marco Polo had had the ability to send a message and had it instantly received on the other side of the world, he would have made a fortune.
        Survey highlights mix of optimism, concern
        Consumers in the world's fastest developing economies - including China - believe the global recession will be over within a year, according to a survey.
        Fresh spenders in China
        China's emerging middle class buyers were set to generate significant spending growth in the coming years.
        Service with a smile
        The service staff throughout the State sector simply did not have to make the gesture, much less crack a smile for customers.
        An Asian view of the global financial crisis
        Future historians will compare the 2008 Great Global Credit Crisis with the 1930s Great Depression.
        Fantastic fizz
        On December 18, 1978, Coca Cola announced its return to the China market.
        Ready-to-wear
        Made-in-China garments and textiles may still be favored items for middle-class shoppers during the current financial crisis.
        Exporters struggling amid global financial crisis
        China's manufacturing sector is feeling the impact of the financial crisis as demand from developed economies shrinks.
        'Infernal' documents
        Nothing was simple back then: you had to jump through all kinds of hoops to get anything you needed, even just for normal office life.
        Financial ill winds ruffle some feathers
        With the US financial crisis starting to create ripples in China, the trendy young Chinese have realized the virtues of their parents' philosophy: A penny saved is a penny earned.
        Financial ill winds leave some others smooth
        "It's time to travel overseas and go shopping in the US and Europe," says Zhu Hong, who works for a premier company in Beijing. "The US dollar and the euro are falling (against the yuan), so we can save a lot if we shop there now."
        Leadership lapses fuel Wall Street's fall
        Shocking succession of corporate meltdowns signals a massive leadership failure across the financial services landscape.
        Taiwan business pioneer dies at 91
        Wang Yung-ching, a businessman who built his Formosa Plastics Group into Taiwan's biggest manufacturing conglomerate, died in the United States. He was 91.
        Hiring from outside the company
        As life-long employment fades and the workforce becomes increasingly mobile, many firms look to hire skilled workers to improve productivity quickly.
        Play days
        We have a change this week. Instead of having one picture of the past and another of the present, we have two taken in 2005.
        Can China's dairy sector win back customer confidence?
        Regulators and dairy enterprises should look at many potential problems to protect the public and regain customers scared away by tainted milk.
        Consultant on the Coke-Huiyuan deal and global M&A
        Global M&A is on the rise. Chinese companies are making more acquisitions overseas and multinationals are aggressively targeting Chinese local players.
        Bringing anti-radiation clothing to future mothers
        Instead of taking over her father's firm, Xu Taofang has established her own brand in the anti-radiation clothing sector for pregnant women: Tianxiang.
        McDonald's growing in China
        During the Olympic month, when eating in McDonald's, you could hear the song, "China wins, we win" broadcast repeatedly.
        Whether you agree with globality or disagree, don't ignore it
        Firms from rapidly developing economies such as Brazil, Russia, India,and China are stepping out to challenge the incumbent multinational giants.
        In with the new
        People have long been arguing about the disappearance of China's old cities.
        New homes, new hopes
        "You know, Chinese people really hate debt, especially in the 1990s when a 10,000 yuan loan could be a big sum."
        Taking giant strides
        From humble beginnings 88 years ago, the Huili sneakers (known as Feiyue overseas) are blazing a trail for Chinese fashion.
        Road to modernity
        Though Beijing authorities said they would not lower their environmental standards after the Olympics, they may have forgotten to mention the traffic.
        Country grapples with runaway property prices
        For the Chinese government, making more houses available for the common people is one of its policy priorities.
        Economy won't be hurt after Olympics
        China will not suffer from a "post-Olympic recession" because of the scale and potential of its economy, senior officials said yesterday.
        Duck fighting
        Among the fast-changing trends of international cuisine, Peking Duck is a rare enduring classic, with a history stretching back 1,600 years.
        China to avoid post-Olympics slowdown
        "China is a big country. Beijing is small. Even if Beijing's investment in infrastructure drops sharply after the Games, it would not have a significant impact on the whole economy."
        Time for price reform
        The recent fall of international oil prices has lent credence to optimism about China's expectations on eased inflationary pressure.
        Shenzhen Zen
        If the grandeur that is New York - or Hong Kong - wasn't built in a day, how about within 50 years?
        Setting a clean example
        How will Beijing Olympics benefit China? How will the Chinese see the coming sports event other than as a world athletic contest?
        Jackpot!
        China's lottery market has lacked regulatoins. The government has relied solely on temporary administrative tools, which critics say has resulted in frauds and malpractices.
        Govt should allow grain prices to rise by up to 20%, expert says
        Surging international grain prices and rising global inflation have placed the global spotlight on Chinese grain production, an industry that caters for 1.3 billion people.
        Energy subsidies 'unsustainable'
        China has only raised the prices of gasoline and diesel by as much as 18 percent, in an effort to keep them artificially low.
        Disasters and closures hurting job prospects
        As China's economic growth slowed to 10.4% in the first half, people have been increasingly concerned about the country's economic prospects.
        China can afford a 'mild slowdown'
        As China's economic growth slowed to 10.4% in the first half this year, people have been increasingly concerned about the country's economic prospects.
        Smart mart
        Chinese consumers commonly regard Carrefour's launch of its first China hypermarket in Beijing in 1995 as the debut of foreign retail chain firms in the nation.
        Memories for sale
        However the inflation factor is weighed, retailers have had a good time in the last three decades, with the country's total retail volume swelling almost 50 times.
        Money changes with time
        Foreign exchange certificates, originally designed to serve overseas visitors, has become popular again - this time, in collection market.
        Ambush marketing hurting sponsors
        Official Olympics sponsors will be looking forward to reaping uninterrupted spoils of their investment in the Games.
        Endless, ancient toil
        Farming in China still has a long way to go to become truly modernized and efficient. Feeding the 1.3-billion population still remains a challenge.
        Hot money inflows
        With a population of merely 20,000 but registered companies exceeding 290,000, British Virgin Islands poured $7.39 billion into China in these past five months.
        The line forms ... where?
        One Chinese habit that foreigners complain about, I've heard, is their reluctance to line up in an orderly fashion.
        Qianmen Street: Yesterday once more
        On August 7, just one day before the 2008 Beijing Olympics opens, the torch relay will pass through the brand new Qianmen Street.
        As the birthrate drops, a doll is born in Japan
        Purimopueru is a knee-high Japanese doll in green and pink, When you cuddle it or talk to it, it talks back.
        $2.1m for a buffet with Buffett

        It takes millions of dollars to have lunch with someone like Buffett who controls billions.

        Turning the page
        For people outside China, China is always China. But Chinese people who have experienced so many changes may feel as if they live in a different country.
        State-owned groups top students' wish list
        State-owned enterprises are among the most popular choices in employment for university students in China.
        Mainland tourists a big boon for Taiwan
        The imminent arrival of the first wave of tourists from the mainland has positive implications for Taiwan's economy.
        How to fight disasters in future
        China should consider establishing an independent government agency for the reconstruction after the Wenchuan earthquake.
        China's mobile phone users reach 592m by May
        The mobile phone subscribers in China soared to 592 million by the end of May, nearly half of its 1.3 billion population.
        China's rights over Chunxiao not negotiable
        There is no doubt that the sovereign rights of the Chunxiao field belong to China.
        People's roles key to rebuilding
        World Bank experts praise China's quake relief efforts, and suggest all-around thinking in the reconstruction.
        More motorists driven to public transport: Study
        The high costs were not the only reason for the increasing number of owners of idle cars. Traffic jams also played a role, researchers found.
        No business like show business
        An area in which China has yet to see as much development as its overall economy is the business of entertainment and culture.
        Good times
        Ask any middle-class Chinese what would be his or her first luxury purchase and the answer will most likely be a Swiss watch.
        Govt offers subsidies to sectors hit by price hikes

        The Ministry of Finance allocated $2.88 billion in subsidies to sectors that could be affected by fuel price hikes announced on Thursday.

        Challenges rise for luxury brands
        The challenges facing new entrants to China's luxury market are intensifying.
        First Chinese tour group in US
        Chinese tourists pose at a bronze sculpture of a bull, the symbol used by Wall Street for positive times in the market in New York.
        Beijing to open online marriage booking service
        Beijing registry authorities will open a new on-line marriage booking service on Friday.
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