Chinese companies are no longer focusing on producing low-cost items for export. They truly understand local market demands and leverage the large scale of its user base.
When the IVS brings huge economic benefits, Hong Kong is concerned with how to entertain the increasing number of tourists.
Limiting the number of mainland tourists to Hong Kong is ill-advised, considering the fact that tourism is one of the city's pillar industries.
Although in nominal existence for years, paid vacations require accelerated and effective efforts of the nation to guarantee the practice.
China's credit growth in January is a reflection of the economy's steady rebound. However, the amount of growth raises concern.
If the year 2012 was filled with financial scandals, ranging from Libor-rigging to money-laundering cases and huge trading losses, then the New Year seems to have brought hope to the global financial industry.
Karl Gerth has spent a quarter of a century learning about China, but is wise enough to realize how little he still knows. When Gerth first visited China in 1986 he was a college student with barely enough money for a pizza and a six-pack of beer. But in the eyes of his Chinese classmates, because he came from the United States he was rich.
After its peaceful liberation from feudal serfdom, huge vitality has been released in the Tibet autonomous region since democratic reforms were launched.
It is not uncommon in China to be besieged by members of an extended family and grilled about why you are not yet married.
The fatal traffic accidents in the past few days should sound an alarm about the country's lax traffic safety system and call for more actions to guarantee nationwide road safety for the upcoming travel peak in the country's countdown to the Lunar New Year.
Nothing is more eye-catching than the disclosure of officials who have more than one hukou, which they have used to acquire dozens of properties.
As these monetary policies remain in place, they are growing less effective, but continue to inflate potentially dangerous asset bubbles.