Confucius Making a Comeback In Money-Driven Modern China
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ZHENGZHOU, China -- At first, the Web site director and his schoolteacher wife sent their 5-year-old son to a Confucian school in this central Chinese city simply because it was two minutes from home. But the more they learned about the school, the more they liked what they saw.
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China is creating an investment company to make better use of its $1 trillion foreign currency reserves.
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SHANGHAI -- Saul Marmer, a retired Cincinnati shoe retailer, peeled away from his tour group the other day to reflect on a special moment in Shanghai's long and eventful history. As summer rain bathed the city, and its residents raced about in their relentless drive to accumulate wealth, Marmer, 79, ducked into the Ohel Moishe Synagogue.
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Need capital? China's here to help. Just ask Morgan Stanley.
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Chinese stocks are back. For now, at least.
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Being female and Chinese in the classical music business are helpful in getting yourself noticed, but careers are built â and this one is building fast â on substance. Xian Zhang has it.
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We've all heard Confucius's aphorism about the journey of a thousand miles. What I want to know is: Did he actually ever try taking that first step?
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BEIJING -- Wooing Africa ever more intensely, President Hu Jintao returned to the region yesterday on his second trip in nine months, toting huge loan offers and pledging not to meddle in the continent's affairs.
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Facing foreign competition in 2007, China's banks are expanding loan options.
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Why China's about to give India a run for its money.
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Chinaâs currency rose steeply against the dollar this week, feeding speculation that Chinese authorities were allowing their currency to appreciate more rapidly.
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There could still be a way to go in China's frothy equity markets.
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A financial portal is born in China.
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Inflation in China reached a 27-month high last month, but separate figures for growth in the money supply and loans suggested that the broader economy was not yet overheating.
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BEIJING -- When Wang Xiaoyu set out to buy some sleek Lincoln automobiles for the small company he owns, the problem was how to pay. No dealer in China takes personal checks. Credit card limits are too low. Car loans barely exist.
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Asia's superrich are grappling with an enviable new challenge: how to give away their billions
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BEIJING -- Step back, Confucius. Move over, Mao. Dr. Freud is making the rounds. Once vilified by the communists as a remnant of bourgeois imperialism, the practice of psychology -- and especially the Western ritual of going to a therapist -- is gaining popularity in this country of budding capitalists.