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Biz Unusual

BUSINESS Economy Companies Markets Green China Statistics InfoGraphic Newsmaker Biz Unusual

Hot money branches out into new fields

Chinese billionaires are discovering a new source of big returns - the wine market. The yield rate from some famous French vintages during the first half of this year has exceeded 30 percent, far above any alternative.
Wine-collecting tips for investors
Wineries: new fruitful industry

Crab farmers shelling out to protect product

Highly coveted hairy crabs from the Yangcheng Lake, which are said to be the best in China, started going on sale on Friday as the new season got under way.

Ipad welcomed by Chinese fans on launch day

Hundreds of Apple fans waited in the rain at Apple's shop in Sanlitun, Beijing on Sept 17, hoping to buy an iPad on the first day that the long-awaited products were sold on the Chinese mainland, the Legal Evening News reported. 

Taiwan Pavilion sold for $14.45 million

The Taiwan Pavilion at the on-going Shanghai World Expo was sold for 458.88 million New Taiwan dollars ($14.45 million), the pavilion's operator announced here Thursday.

Gallic charm to revive town

Quake-hit Bailu hopes tourists will flock to French-style development.

The price of marriage

According to figures provided by Mocha, the average cost of a wedding in China is now 200,000 yuan, although the company has handled weddings that have cost a staggering 10 million yuan.

New M&A strategies for Chinese firms

The transaction - a 7.1 percent stake in Club Mediterranee SA - would give Guo, chairman of Fosun Group and one of China's richest men, a seat on the board of the famed French luxury leisure group.

Seniors scramble for care homes

Beijing's expanding population of seniors and its shortage of nursing homes has led to a scramble for space in care facilities - not only among Beijing's pensioners but even among people in their 50s looking for a place to spend their twilight years.

Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

New deal for commercial flights over the Great Wall

Old train tickets and the memory of yesteryear

'Hometowns' battle to claim their celebrities

Equestrian enthusiasts advocate riding horses to work

more
Major Markets
Name Value Change Time
Shanghai 2,794.27 -0.58% Thur
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Dow 12,719.49 +0.74% Thur
Nasdaq 2,872.66 +1.36% Thur
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