China allows global bank card operators to clear domestic Chinese payments
Global bank card operators including Visa and MasterCard can seek licences to clear domestic Chinese payments starting today.
Read MoreMore cross-border trade in Chinese RMB as economy grows
There are more than 60 central banks around the world that invest in the yuan, and China has currency swap agreements with 30 countries.
Read MoreChina creates more jobs in U.S. by investment
The U.S. could receive between $100 billion and $200 billion of investment by 2020, creating between 200,000 and 400,000 jobs, a report found.
Read More8 things you should know about Chinese shopping culture
The truth is, I hate shopping. But something happens when I go to China. Something in the air — either the around-the-clock manufacturing or the settling dust of a run-away economy – turns me into a rabid consumer.
Read MoreThe rich in China changing their lifestyle, seeking simplicity
In recent years, Chinese wealthy consumers have shown their great purchasing power. However, some people like Duan Yan who are a part of the middle class begin to pursue minimalism and giving a second thought on what they need in life.
Read MoreChinese civil servants starting businesses
The number of civil servant examination applicants is just 1.4 million this year in China, dropping by 7.5% to the lowest in history.
Read MoreStatistics: 50% of permanent residents live outside 5th ring road in Beijing
Beijing Bureau of Statistics says that the city has seen a steady decline in the growth rate of permanent residents in the city in the past five years.
Read MoreWhy single mothers are so rare in china
I have never met a single mother in China. Not one. Do they exist? Sure, but even in a country of 1.4 billion people, they are few and far between.
Read MoreHow many kinds of Chinese alcohol do you know?
The cause of and solution to many of the problems faced while in China, the various alcohols found on tap or in bottle in the Middle Kingdom are as abundant as they are varied.
Read MoreHaier switches focus to its smart home platform
The Chinese businessman who creates Haier focus on innovation and connectivity, linking his firm and its customers to their smart home appliances.
Read More