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Chinese of Miao ethnicity in Guizhou's Taijiang county, in which 97 percent of the 168,000 residents are Miao, concluded the annual event on April 19-23, with tens of thousands of locals donning traditional attire in parades, musicians playing the reed-pipe lusheng, and performancers presenting drum dances. According to folklore, a Miao couple were not given permission to be together by their parents and tribe leaders. The occasion, which reportedly reflects the ancient lives of the Miao people during the transition to patriarchy from matriarchy, drew more than 50,000 tourists this year.
Wu Dongxiong, who operates a silverware store on Sisters' Street in the county, said tourists swarmed his store to buy souvenirs. The local government named Wu an "inheritor of intangible cultural heritage" to encourage him to pass on the craftsmanship to the next generation and to attract more young people to the industry.
In the first three months of 2016 alone, Qiandongnan Prefecture, which administers Taijiang, has welcomed more than 14 million tourists, a year-on-year increase of 57.6 percent, according to official statistics. To take Taijiang's tourism to the next level, the local government decided to bring in more investment, with 13 projects worth almost 1.2 billion yuan already inked at this year's event. The projects will help develop tourism, agriculture and health recovery industry, according to the government.
Li Feiyue, Qiandongnan's Party chief, said events like Sisters' Day are not just about boosting economic growth. Caravans of camels carrying silk, jewels and spices along the Silk Road are long gone, but cargo trains linking Chinese cities with Europe are taking the ancient road into a brand-new future.
China now has three rail channels to Europe - a western route through the Alataw Pass in Xinjiang Uygur autonomous region to Kazakhstan, a middle path via Erenhot to Mongolia, and through Manzhouli in the northeast to Russia. Such train networks have flourished since the launch of the Silk Road Economic Belt in 2013 to improve cooperation between countries along the ancient Silk Road. According to the Ministry of Commerce, trade between China and "Belt and Road" countries totaled $995 billion in 2015, about a quarter of the national trade volume. The Changchun-Manzhouli-Europe line has transported cargo worth more than 35 million euros since August, and in return the trains have brought novel, cheap goods like vodka, tiramisu and wild Siberian honey. An increasing number of Chinese tourists are visiting Egypt following President Xi Jinping's recent visit, reviving Egypt's tourism industry. Tourism in Egypt was dealt a heavy blow following the Russian airplane crash in North Sinai last October, after which several countries, including Britain and Russia, suspended their flights to Egypt.
This further augmented the recession in the country's already ailing tourism sector which is a major source of its national income and foreign currency reserves.
However, even before the plane crash, Egypt suffered a sharp decline in tourism due to three years of political turmoil, including two mass uprisings which toppled two presidents, forcing several countries to ban their citizens from visiting Egypt for safety reasons.
Luxor, once an Ancient Egyptian capital, suffered similarly as with Egyptian tourist cities.
However, the industry has recently improved as hundreds of Chinese tourists visit the city daily. He added that Chinese tourists also frequent restaurants, coffee shops, bazaars and malls nearly as much as American and European tourists did, though they've recently stopped visiting Luxor.
Egypt, the most populous Arab country, with its rich culture, now pins immense hope on China and is eager to tap into the China's tourism market. During a recent interview with Xinhua, former Egyptian Tourism Minister, Hisham Zaazou, said that Egypt received 35 percent additional tourists from China immediately following president Xi's visit to Egypt.
To encourage more tourists to visit the country, Egypt exempted Chinese tourists from visa requirements, allowing for visa-upon-arrival if they are sponsored by a tourist agency and are financially comfortable.
Apparently, these measures as well as Luxor's charm attract Chinese tourists looking for tranquility surrounded by breathtaking ancient ruins scattered throughout the city.
Luxor is home to Tutankhamen's tomb in the Valley of the Kings and its magnificent sunset at the majestic Karnak and Luxor temples are a perfect choice for culture-based tourism.
Helen is visiting Egypt with her family for the first time, but she said it will not be her last.
Helen's mother also said visiting Egypt is much cheaper than neighboring countries such as the United Arab Emirates, Lebanon or Jordan, therefore it is more attractive to Chinese tourists. Chinese and Egyptian tourist agencies promote Luxor to Chinese tourists as a great city to visit in Egypt.
Yang said Chinese tourists were very scared to visit Egypt at first due to the country's political and security situation, but they were encouraged following the Chinese president's visit earlier this year.
Investors may have to bear with short-term pains of greater volatility in the Chinese stock market as the securities regulator stepped up the effort to rein in the speculative bubble, analysts said. A Chinese investor walks past an electronic display showing prices of shares at a stock brokerage house in Hangzhou city, East China's Zhejiang province, May 9, 2016. Technology companies and startups in segments like online finance, film and television, gaming and virtual reality, as well as the shell companies that fit into the investment theme of overseas-listed Chinese companies seeking to delist abroad and list in China, were among the stocks hit hardest by the top securities regulator's intention to subject suspected speculative trading to greater scrutiny.
But the regulator said on Friday that the current policy on refinancing and mergers and acquisitions by listed companies remains the same and it will make an official announcement if there is any adjustment to the rules. The China Securities Regulatory Commission has also been taking a closer look at the listing of the hitherto overseas-listed companies on the A-share market through backdoor listing, also known as reverse merger, a typical practice of taking control of an already listed shell company to avoid the lengthy process of an initial public offering.
Analysts said that other factors that could weigh on the stock market are investors' concerns over the sustainability of the economic rebound in the first quarter and the possible tightening of the monetary policy to rein in credit bubbles and reduce financial leverage.
Some economists have scaled back their forecast on credit easing by the People's Bank of China, the Chinese central bank, for the rest of the year after the People's Daily quoted an "authoritative person" as saying that China should avoid using strong stimulus to pump up investment growth in the short term and should not support growth by adding leverage. Jiang Chao, an analyst at Haitong Securities Co, said the absence of massive credit easing could mean that the Chinese economy and the capital market will experience short-term pain. This suggests they are selling such equities now with the expectation that their prices will likely fall, when they would buy them back at a lower price. This cautious approach follows the benchmark stock market index's lingering below 3,000 points. According to data of Heng Tang Wealth Ltd, a financial services information provider, equity funds in China have been stripping their portfolios of A shares.
Data released by Royal Flush Information Network Co Ltd showed among the 639 equity funds it monitors, 259 have reported losses by May 11, and 77 reported a zero yield.
Many factors have influenced the A-share market sentiment, including some negative forecasts on currency exchange rates, and weakened anticipation of an equity market recovery, following a surge in February that boosted share prices of some growth-oriented companies by as much as 50 percent. The runaway rise left little room for them to grow further, according to a research note from Golden Eagle Fund Management Co Ltd. According to Wang Zhe, investment researcher with Golden Eagle Fund Management Co Ltd, the economy needs more drivers given the current slowing growth. Despite equity funds' propensity to go short, some sectors in the A-share market are still able to attract some investors.
Among these sectors, electronics, healthcare and pharmaceuticals are supported by the nationwide campaign to accelerate supply-side reforms. For investors of open-ended equity funds, growth opportunities may lie in some sectors that benefitted from a recovery in economic growth in the first quarter, particularly those related to day-to-day consumption, such as food and beverages, said analysts. According to Shanghai-based WIND Information Technology Co Ltd, 14 companies listed in Shanghai and Shenzhen, which have been included in the "Chinese white liquor (baijiu) sector", reported average share price growth of 2.01 percent last week, with the best-performing ones gaining more than 5 percent. Sectors at the top of the cyclical growth pattern, such as pork, dairy and other agricultural products, may also show a great potential for growth. As many as 16 companies listed in Shanghai and Shenzhen, which have been included in the "pork and meat processing sector", reported average share price growth of 5.03 percent last week, with the best-performing ones gaining more than 10 percent. A report from Shenzhen-based Bosera Fund Management Co Ltd recommended investors buy shares of white liquor (baijiu) makers. When Rob Bevis launched Roque Fine Wine, an importer and wholesaler of fine wine, in China three years ago, he was told the country's wine market was nearing a tipping point.
The government crackdown on corruption had led to curbs on officials' extravagant, taxpayer-funded banquets. So, sales of high-end and expensive imported wines, which were common at lavish banquets, fell in terms of both volume and revenue. What's more, consumers in China have broadened their ken and developed a taste for fine wines. In value terms, 2015 sales reached $1.87 billion, up 37 percent year-on-year, according to data of China Customs. Leading the pack of foreign wines in China are the French varieties, followed by some New World wines, particularly those from Australia, Chile, South Africa and Argentina, which are fast grabbing market shares from popular brands. Market researchers said Chinese consumers are also buying more and more of relatively expensive wines imported from New Zealand. Wine trade experts said this trend is natural as individual consumers prefer more diversified and differentiated products than corporate clients. For their part, traders encourage consumers to try as many wine varieties as possible through a wide range of events, education programs, and information-sharing through online and mobile channels. For instance, Pudao Wines, a subsidiary of Australian retail giant Woolworths Liquor Group, has been establishing wine boutiques in China.
Similarly, ASC Fine Wine, one of the largest fine wine importers in China, has been deploying more resources into online retail channels.
ASC Fine Wine adjusts its prices and products to keep them in a range that is attractive to an increasing number of consumers. According to a research note from, a website that focuses on the wine market in the country, wines produced in China account for some 70 percent of the national market now. Some new Chinese labels, such as Grace Vineyard from Shanxi province, are gaining in popularity among wine lovers in China, and are even exported.
But it is the established wine brands such as Chang Yu and Great Wall that still dominate the China market.
Zhou Hongjiang, general manger of Chang Yu, said China's wine market is not a zero-sum game between imported wines and local brands. Zhu Qi, 46, a wine collector in Shanghai, said, "This (coming of age of the wine market in China) is actually very good for wine consumers like me because tasting wines is like touring a place.
A saleswoman promotes a bottled French wine to a customer at mall in Yiwu, Zhejiang province. After two years of decline in export volumes to China due to unavailability of wines, Bordeaux's exports to China rebounded recently, after the region adjusted the structure of its supplies. A girl tastes a 2013 vintage red wine at the Palais de la Bourse in Bordeaux, southeastern France.
Exports to China rose to 61 million bottles, or 24 percent of Bordeaux's combined volume, which were worth 280 million euros ($318.53 million), or 15 percent of the region's global export turnover value.
Consumers and wine trade experts said they have seen Bordeaux wines' improving image and Bordeaux wine exporters' efforts to better understand China and its consumers, and to adapt Bordeaux's image to China. Dong Li, a wine importer at Shanghai Junjue Foreign Wines Ltd, said he has received a booklet from a Bordeaux wine trader full of ideas on how to pair Bordeaux wine with Chinese food.
One pairing tip suggests matching soft and well-structured dry red wine from Saint-Emilion, Pomerol or Fronsac with fresh pork moon cake.
Other tips include having the fruity Bordeaux Superier rose with chili bull frog, and braised pork with Medoc or Graves dry red wine. CIVB has been researching global consumers' preferences and tolerance to various tastes that Bordeaux wines offer. Faced with competition from the world's emerging brands in China, the Bordeaux wine sector professionals are focusing on their own products to forge ahead, said Thomas Jullien, representative of CIVB's Asia-Pacific operations.
Suscinskis said he has ample confidence the affordable wine, considered among the finest of Argentina, will be welcomed by China's seasoned consumers, given its value-for-money proposition. What he is not certain about, however, is which among the aged wines, the ones with higher tannin and the younger ones would sell the most in China. Supplies of the famed wine to China are limited, so only higher-end Chinese consumers may get to savor it. Achaval Ferrer and some vineyards have been trying to change the notion that Argentina is a source of inexpensive wines with jammy taste. For vineyards, stony, sandy and relatively infertile soil, like the one in Argentina's Mendoza region, is considered better because such conditions encourage vines to grow stronger.
Bodega Achaval Ferrer is not the only Argentine vineyard that is seeking to reach out to Chinese consumers.
In recent years, New World wine regions have been increasingly popular among Chinese consumers as they get to know more about the culture and heritage of the countries concerned, such as Chile, Australia, New Zealand and South Africa.
Yangtze Optical Fibre and Cable Joint Stock Limited Company, the largest optical fiber cable manufacturer by output in the world, is expanding its global market to regions where telecommunication is underdeveloped. A worker monitors optical fiber equipment at a workshop of Yangtze Optical Fiber and Cable Joint Stock Limited Company. In January 2015, YOFC signed a cooperation agreement with Indonesia PT Monas Permata Persada to establish a joint-venture optical fiber cable factory in Indonesia. In March 2015, YOFC set up a joint venture in Myanmar with a local optical fiber cable producer. Established in 1988, YOFC is itself a JV by three partners: the China Huaxin Post and Telecommunication Economy Development Center, Wuhan Yangtze Communications Industry Group Company Ltd and Draka Comteq of the Netherlands. YOFC is the largest fiber preform supplier and the second largest optical fiber and cable supplier in the world.
The Africa JV is based in Johannesburg with initial planned production capacity of 1 million kilometers per year.
According to Richard Mack, chief analyst of CRU, a London-based consulting firm for global commodity industry pricing, the top three regions in terms of demand for optical fiber cables are Southeast Asia, Africa and Latin America. According to Mack, total demand in the three regions in 2014 was 30 million kilometers, only 20 percent of China's demand in the same year. Mack estimates the annual growth rate in the next five years in the three regions will be more than 10 percent.
The optical fiber cable market in China and abroad has great potential for growth, said Zhuang. Since the construction of the Cat Linh-Ha Dong railway project in Hanoi started in 2011, Yu often went on business trips to Vietnam. From January 2015, Yu then moved to work in Vietnam as project manager of the Cat Linh-Ha Dong railway project, taking charge of the project's quality, progress, external relations, among other responsibilities. The Cat Linh-Ha Dong urban elevated railway route has a total length of 13.5 km and runs through 12 stations.

In other people's eyes, Yu is a "workaholic." He almost takes no rest at the weekends either.
Asked about his work over the past six years, Aaron Hsin, president of Teradata Greater China Area, thought for a moment. During a recent interview in Beijing, he said he is now leading a 1,000-plus team at the China unit of the international software company that provides big data and analytic data platforms, marketing applications and related services.
Hsin received two master's degrees: one in computer sciences from Stanford University and another in information management from the State University of New York.
Working with Microsoft as a senior manager and now at Teradata, he said, gave him opportunities to use his knowledge for China's economic development. He is now a member of the China Big Data Expert Committee and the China Cloud Computing Technology & Industry Alliance under the Chinese Academy of Sciences. Owing to downward pressure exerted by a feeble global economic growth recovery, Teradata's full-year global revenue for 2015 fell 7 percent to $2.53 billion yuan. He said he saw increasing business opportunities in China for analytical products of cross-industrial sectors.
So, the company is studying its customers' plans to develop such products as soon as possible so that the enterprises could innovate, he said. Tony Baer, a senior analyst with Ovum, a market-leading research and consulting business focused on convergence of IT, telecoms and media markets, said the value of Teradata's products comes from 40 years of experimental experience.
Teradata's analytical products have helped its enterprise customers greatly improve their business, he said. Many Chinese banks used to hire consulting businesses for feasibility studies before opening branches in remote areas. Before he joined the company, Teradata's customers were mainly from three sectors: communications, financial services, and internet.
Along with China's fast-growing e-commerce, Teradata is cooperating with many business-to-customer and business-to-business websites, including eBay Shanghai and a local leading e-commerce company.
According to a recent Teradata report, the US now contributes 60 percent of the company's annual revenue, with the remainder coming from other markets. Data analytical products make up 42 percent, while consulting and other services account for 58 percent of revenue.
Hsin has around 30 years of work experience, and is now also a key member of the China Big Data Expert Committee and the China Cloud Computing Technology& Industry Alliance. Temasek Holdings Pte said that its Americas President Boon Sim is leaving as the Singapore state investment firm appointed two new presidents in the latest management shuffle to help it navigate "challenging global times".
Spanish telecommunications company Telefonica says its board has unanimously voted in Jose Maria Alvarez-Pallete as chief executive and chairman of the board.
Switzerland-based reinsurance giant Swiss Re said its chief executive, Michel Lies, 62, was set to retire after 35 years in the company. To achieve this, the perfectionist ensures that his restaurants are equipped with temperature-controlled kitchens and his employees adopt a meticulous approach in making the brand's famous buns. Tong Qihua, the founder of GanQiShi Bao Bao, plans to open his first restaurant in Havard Square in Boston. It may sound like an easy recipe to follow if one uses a weighing scale, but all the chefs at GanQiShi craft every single bun by hand, using muscle memory and a keen sense of touch to meet these standards. Convinced that the perfect bun can only be crafted by hand, Tong himself spent two years learning how to do so before he opened his first restaurant. In fact, Tong has such a reverence for the art of bun-making that he refers to his employees as craftsmen instead of chefs. This dedication to quality is without doubt what sets GanQiShi apart from the rest of the competition. Unlike vendors who sell buns in small shops or along the streets, GanQiShi offers diners a clean and comfortable environment to enjoy their meals. Born and raised in Wenling, a small town in Zhejiang province, Tong remembers steamed buns, or baozi, as a very popular food among people in the countryside. When he grew up, Tong was an enterprising man who had experimented with running several businesses. Having tasted success in his own country, Tong has now set his sights beyond China's borders. One of the main reasons behind his overseas expansion is his desire to share with the world the beauty of traditional Chinese food culture.
While the buns in the US will be prepared exactly the same way as before, the menu offerings and the restaurant settings will slightly differ.
Meanwhile, the people tasked with making the buns at GanQiShi's US restaurants will be predominantly American.
China's consumer prices remained stable in April as declines in producer prices eased further, raising hopes that the economy could be bottoming out from a downward growth cycle, analysts say. The consumer price index rose by 2.3 percent in April from a year earlier, but was unchanged from March. In month-on-month terms, the PPI increased by 0.7 percent, the second consecutive rise, the National Bureau of Statistics said on May 10. Niu Li, director of macroeconomics at the State Information Center, attributed the "significant moderation" in producer prices to rising commodity prices since February and a higher level of production driven by increased infrastructure investment and recovery in the construction sector. Lian Ping, chief economist at Bank of Communications, says raw material prices at the factory gate continued to edge up last month, pointing to a possible return of producer inflation toward the end of the year.
However, Zhou Hao, an economist at Commerzbank in Singapore, says the month-on-month PPI increase may be linked to speculation driven by a short-term rise in raw materials prices.
Niu says the stable CPI reading means that inflation remained below 3 percent, leaving ample room for policymakers to continue easy-money policies, if necessary, in the face of weak demand.
On May 9, People's Daily quoted an "authoritative figure" as saying that China's economic growth will follow an L-shaped path as downward pressures continue to be felt. The source warned that more targeted measures need to be taken to tackle emerging problems, such as soaring real estate prices, overcapacity, an increase in nonperforming loans, local government debt and financial market risks. China's economy expanded by 6.7 percent in the first quarter, the slowest quarterly pace since 2009. Luo Renjian, researcher at the Institute of Transport Research at the National Development and Reform Commission.
Yann Bozec, chief executive officer - Greater China for Coach, the global leather goods and accessories major, which is targeting $610 million in revenue this year from the local unit. A domestic robot impresses visitors at the 2016 Creative China Spring Summit in Beijing on May 10.
Associated British Foods Plc, the British food-to-retail conglomerate, plans to sell its Chinese sugar business for as much as $1 billion, according to a source familiar with the matter. Bank of China Ltd may further expand its business presence in the United States by hiring more people and setting up new subbranches. The Ministry of Commerce was said it will start an anti-dumping review on chloroprene rubber imported from Japan, the United States and the European Union. Imports of copper by China slumped in April from a record the previous month after swelling stockpiles discouraged purchases. Elevator giant Otis is to build the world's tallest aboveground test tower in Shanghai, as it works to keep pace with China's burgeoning appetite for skyscraper construction.
A surge in China's prices failed to stem steel exports in the first four months of the year, signaling that demand remains weak. Baidu Inc's CEO has pledged to shift the company's business model from a search engine model to one based on artificial intelligence, after a recent government probe put a chill on its core search business. Li Yanhong said in an internal letter on May 10 that the move will allow Baidu to develop such areas as voice search, automatic translation and driverless vehicles.
Li, a founder of the company, which runs China's largest online search engine, also vowed to emphasize user experience over income and to set up a department to root out any behavior that might damage user experience. Analysts say the move is expected to dampen Baidu's near-term profitability, which in turn could make it more challenging for its new business initiative to gain momentum.
The pledge to put users ahead of business performance came after a government investigation led to a demand that the search giant overhaul its paid listing system. The Cyberspace Administration of China, the state regulator, said on May 9 that the company had "influenced the impartiality and objectivity of its search results, making it easy to mislead users, and this must be immediately rectified". In response, Baidu said it will restrict the proportion of sponsored search results to 30 percent per web page and adopt a new listing system that does not fully depend on the advertising price, but also considers an advertiser's reputation. Other actions include placing clear disclaimers on ads, so online users can tell them apart from natural search results, and establishing a 1 billion yuan ($153 million; 134 million euros) fund to compensate netizens cheated by false promotions.
Industry observers say medical-related ads are estimated to account for 25 percent of Baidu's revenue. Lyu Ronghui, an analyst with the iResearch consultancy, says Baidu's revenue is likely to decline in the near future because it will have to turn down some advertisers and may also spend more money to verify the qualifications of medical organizations or enterprises. Bank of China Ltd will further expand its overseas business by tapping into more profitable fields such as corporate financing and commodity hedging, historically dominated by financial institutions on Wall Street. During the last three years, the bank's overseas assets rose 54 percent, accounting for 27 percent of the group's total assets. Bank of China's overseas assets rose 54 percent during the last three years, accounting for 27 percent of the group's total assets. As China's fourth largest commercial bank by assets, BOC has stepped up its strategy of internationalization, along with an increasing number of Chinese companies that are going global. The acceleration of China's interest rate liberalization, the internationalization of the renminbi and the slowdown of the Chinese economy also spurred its rapid growth overseas.
Xu Chen, US branch director of Bank of China, said the bank may set up a new subbranch in Houston because many Chinese petroleum companies operate businesses there, and BOC may hire 100 new employees on the US west coast this year.
The bank will move its New York branch to the center of Manhattan from the east side of the city this autumn, since the old office no longer has enough space for its employees due to the huge growth in its business, The Wall Street Journal reported.
The bank has expanded its global reach to 46 countries and regions, adding five more countries in 2015. Tian Guoli, chairman of BOC, speaking at a news conference on the bank's 2015 interim results, said: "We'll further increase our branches in South Asia, Central Asia, West Asia, Central and Eastern Europe, as well as North Africa, to build the arteries of the financial system. Last year, the bank granted $28.6 billion in credits to clients along the routes of the initiative, followed up 330 major projects and expressed the intent to lend $87 billion. BOC is joined by several other large Chinese commercial lenders in making steady progress with their internationalization strategy, expanding their global footprint and improving their capabilities in cross-border financial services. For example, Industrial and Commercial Bank of China Ltd acquired a 60 percent stake in Standard Bank PLC, the UK branch of South Africa-based Standard Bank Group Ltd, thus officially stepping into the global commodities and money market trading business. Sensewhere, a software company from Edinburgh, opened an office in China only a year ago, but already millions of people in the country are using its technology. Taking advantage of a UK-China startup program, the company was given free space in F518 Idea Land, a tech incubator in the southern city of Shenzhen, and advice on the Chinese market. The funds allowed the Scottish company to expand quickly; it moved out of the incubator and set up offices in Shenzhen and Beijing. Sensewhere's story shows a trend of British startups growing in China thanks to university and government initiatives, which fill the gap between China's abundant capital and vast market and the inability of British startups to expand into China due to capital constraints.
The University of Oxford has a China-focused desk at its technology transfer subsidiary, Isis Innovation, to help cutting-edge companies from its academic laboratory find Chinese investors.
In April, the London Business School organized a student-led startup pitch day, which gave graduates a chance to sell their ideas to Chinese venture capital fund managers in an environment much like the television show Dragon's Den. A group of Scottish startups will also pitch in October in front of about 100 investors in Shenzhen and Hong Kong for the first time.
In the private sector, angel investors, venture capitalists and funds run by large tech companies like Tencent are offering seed funding tailored to the smaller capacity of fledgling companies. Vicky Wu at Shenzhen Creative Investment Group, the parent company of F518 Idea Land, says introducing Chinese investors to Scottish startups is a big part of her team's work. Information technology, smart cities, financial technology and biotech are among the key industries that Chinese venture capital companies are most keen to invest in, says Zheng Zhaoyu, a partner at angel investor ZhenFund, who attended the London Business School pitch day. His company has invested heavily in US tech startups and is now diversifying its international investments, with the UK high on the agenda as China looks to move up the value chain. Zheng says his team hopes to invest in British startups to help commercialize their technology in China on a large scale so they can reach their full potential in the market.
The two modules, the largest and heaviest elements of the Yamal liquefied natural gas project in Sabetta, Siberia, were shipped from Qingdao, on China's east coast, on April 28. The parts are among the 36 to be built by China Offshore Oil Engineering Corp, the first Chinese company to contribute to a global LNG project. Two equipment modules for the Yamal project in Sabetta, Siberia, were shipped from Qingdao on China's east coast on April 28. They continued their romance regardless and when they met in secret, the girl would give her lover a bowl of glutinous rice, known as Sister's Rice. Liu said she usually collects handmade embroidery from local women and sells it during Sisters' Day. A direct freight train linking Wuhan in central China and Lyons in France began running last week. Many cities now have freight trains to European cities including Hamburg, Lyons and Madrid. In northeast China, where a freight train began running to Europe last year, Russian imports are all the rage.
In a Russian store in Changchun, a bottle of vodka costs only 45 yuan ($6.9), while fresh tiramisu costs only 30 yuan. Luxor's 7,000 year-old history attracts Chinese tourists who single out Egypt for its rich history, and they also want to learn more about its local culture," said Yang Lili, a Chinese leader of a tourist group during a tour of Karnak Temple. The latest regulatory shift could mean that they may face greater correction pressure," said Shen Zhengyang, an analyst at Northeast Securities Co Ltd.
That's why, the market reacted so negatively when the regulatory stance changed," Shen said. The situation may persist until the A-share market sentiment improves to signal a recovery. The latter are going against the general trend as they think some sectors still have great potential for growth, said a research note by Xin Hu Wealth Management Ltd.

For, of the some 160 sectors, they have been among the top 10 sectors that saw the highest growth rate in share price for three consecutive weeks.
The clean-up heralded long-term benefits for the society, but had an immediate adverse impact on wine consumption in the country. Diners who used to spend 2,000 yuan on a bottle of wine, were spending only 600 yuan," said Bevis.
In the last three years, China's wine market has steadily recovered the path to a healthy and sustainable growth. They are in the mood to try more varieties sourced from different wine regions of the world. In volume terms, sales of imported bottled wines in 2015 have rebounded to a three-year high of 395 million liters, up 37 percent year-on-year. Varieties such as Blanc Sauvignon from Marlborough are gaining in popularity, despite their average price being among the highest in imported wines, according to a latest research note by Rabobank, the Netherlands-based provider of food- and agriculture-related financing and research services. It often hosts wine-tasting events and other programs at its China stores to deliver more information to consumers and share stories about growing grapes, which are peppered with details about geographical features of the wine regions and heritage of wineries.
Their price points and product portfolios are regularly adjusted to stay competitive in a market that is marked by a growing affinity for imported wines.
They are performing better in lower-tier cities where the distribution system and consumer groups are less impacted by imports than in first-tier cities and coastal cities, the report said. As the market expands, all players that offer high-quality products can hope to attract more buyers.
In China, the same bottle of wine at various retailers may vary greatly, from 100 yuan to 380 yuan. In the next 10 years, we anticipate more diversified consumption among China's consumers on the back of vineyard tourism, wine-related courses at academies and fresh investments," said Farges. You can tell that the French winemakers have made extremely great efforts to understand Chinese cuisine and Chinese taste buds," said Dong. The wine and food share many things in common, including saltiness, complexity and structure of tastes. The research includes a study of Chinese consumers' preference for levels of tannin, acid, sweetness, bitterness, flavor and the age of wine.
He brought bottles of Argentina's world famous Achaval Ferrer wines for tasting, to celebrate their launch in China. They have been growing the Malbec, a premium purple grape variety used to make red wine, taking advantage of some of the country's geographical features like high altitude, the right type of soil and availability of high-quality water from the Andes mountain range. Other wine makers too are targeting China, which has become one of Argentina's top 10 wine export destinations. In this context, Argentina's wines will likely stand a good chance to gain market share because they are considered affordable quality products, said Mao.
When I returned to China, I became a frequent drinker of Argentina's wines," said Yang Peng, a Shanghai-based food importer.
YOFC holds a 70 percent stake in the JV, the first of its kind in Indonesia, and YOFC's first JV overseas. Yet, internet use and broadband penetration are relatively low due to the slow development of the country's telecom industry. YOFC will also establish a bonded warehouse in South Africa to sell optical fiber cables imported from its China factories to the rest of Africa.
Yet, they have great potential for growth as operators update telecommunication networks to improve their fixed and mobile broadband services. The sixth bureau of China Railway Engineering Corporation is the EPC (engineering, procurement, and construction) contractor of the elevated railway project. Though the company allows him to have 10 days off for holidays every three months, Yu has rarely returned to China, except for the traditional Lunar New Year festival and business meetings.
We had to conduct many inspections so as to bring out the final adjustment of the design," he said. When I talk to my Vietnamese business partners, they are all surprised about my understanding of Vietnam," he said.
He credits that partly to the university education he received in the United States about 30 years ago.
Both the degrees have helped him to serve two US software companies - Microsoft and Teradata - well in Beijing for 14 years, he said. On the contrary, I saw greater market demand in the Chinese market for our data warehousing and analytical products," Hsin said. For example, Teradata's market research found products that can monitor both manufacturing and marketing at the same time are needed. The products help customers deal with data management and see business values in these data set in different environments. For example, a leading Chinese telecom operator which is a client of Teradata's analytical products, is providing well-processed data service for a local banking institute to decide where and when it needs to set up new branches in China, said Geoffrey Jiang, GCA regional solutions director of Teradata Information Systems (Beijing) Ltd.
Now, it has built a customer base involving about 12 industrial sectors across the country with new clients coming from many industries including manufacturing, automotive, retail and insurance. Through cooperation with our software development partners, we are expecting to have a formal announcement in this development later this year," Hsin added. For example, it has been helping a growing number of utilities analyze the vast amount of data produced by their "smart" meters and power grids, which can help increase company efficiency and reduce customer costs, officials said. He once served as the Microsoft Greater China General Manager of Microsoft Enterprise& Partner Group business before joining Teradata as president of Teradata Greater China Area in 2010.
Chia Song Hwee and Dilhan Pillay have been named presidents and the firm will reallocate some functions across groups to strengthen the focus and improve collaboration, it said in a statement.
Telefonica SA said in a statement that Alvarez-Pallete replaces Cesar Alierta, who is stepping down after 16 years but will retain a seat on the company's board. Lies would be replaced on July 1 by the 46-year-old head of the company's reinsurance unit, Swiss citizen Christian Mumenthaler. He would then painstakingly train the chefs he hired before having them pass down their skills to the subsequent batch.
When it comes to steaming the buns, the restaurants use traditional bamboo steamers instead of high-tech kitchen appliances. The brand's restaurants look more like cafes than typical steam bun stalls, and this has proven critical in drawing the crowds. With this overseas expansion, I'd like to view myself as a messenger of traditional Chinese food culture," said Tong.
In order to cater to the local palate, Tong said that his American outposts will also sell buns stuffed with fillings such as chicken and lobster.
Tong said that these employees will have to undergo a three-month training program in China before they begin work in the kitchens.
Apart from his US expansion, he is also in search of business partners who can bring his brand to more cities across China. Mounting debts at state-owned China Railway Corp Group have sparked calls to split up the country's main railway service provider.
Of all luxury brands in China, Coach boasts the greatest number of followers on WeChat, the mobile messaging app. China has moved a step closer toward allowing the country's massive pension funds to play the stock market.
Xu Chen, US branch manager of Bank of China, said the bank will hire 100 new employees for its US businesses this year, most of whom would be in the West Coast.
The review, which will last until May 9, 2017, is aimed at investigating whether the dumping would continue to harm the country's chloroprene rubber industry if anti-dumping duties end, according to a statement on the ministry's website. Cargoes of unwrought copper and products dropped to 450,000 metric tons from 570,000 tons in March, according to data from the General Administration of Customs on May 8.
At a projected height of around 270 meters, the tower's innovative design will use a flexible configuration that can easily be adapted to accommodate new components and systems as they evolve, said Otis President Philippe Delpech. The probe came after the death of Wei Zexi, a 21-year-old college student, who underwent an experimental medical treatment that had been advertised among Baidu's search results. That also gave it an advantage in facing the challenge brought by China's interest rate liberalization, Chen Siqing said.
The layout now includes 18 countries along the Belt and Road Initiative, which refers to the Silk Road Economic Belt and 21st Century Maritime Silk Road, with three more added to the map last year. It also raised the equivalent of $4 billion by issuing the world's first "Belt and Road" bond in the international market. Within months, it had received investment from Tencent, the Chinese tech giant, which incorporated Sensewhere's indoor-positioning software into its mapping and instant-messaging apps. Lancaster University also has a China-focused "catalyst program" to support high-tech British firms through its research and development capabilities. Hence, foreign firms with a presence in China stand a better chance of finding Chinese investment.
She adds that her team is now in discussions with other international partners to send their startups.
Now, with a new train route linking Europe and Wuhan City where his company is based, it takes just two weeks. Booming entertainment and services sectors are a natural result of shifting economic growth patterns, the research note said. For another, they were not very knowledgeable or well-informed about wines, hence got easily confused by a plethora of brands that had entered the market. Increasing number of consumers buy wines for their own consumption or to share with families and friends.
In the past, when wine varieties and sources were limited, I felt like a person who could not travel far. We believe oenophiles will always buy and drink Bordeaux wines again and again," said Jullien. If each consumer spends 100 yuan on Argentina's wines each year, the market size will be 100 times its current number," said Mao Yufen, a Xi'an-based wine trader with Qin An Wine Trade Co Ltd.
Of the more than 100 countries in these regions, only 12 have their own optical fiber cable manufacturers. Now, with analytical data, the institute needs only two to three weeks before it gets the solution.
Over the past decade, he has engaged in the branch businesses of Sweden, Northern China, Western China, Denmark and Iceland. Chia joined Temasek in 2011, and was previously chief operating officer at Globalfoundries. Pallete joined Telefonica in 1999 and became COO in 2012, after running the company's Latin American and European operations. The change at the top was announced as the company, the world's second largest re-insurer, jubilantly announced strong results for 2015, as well as a planned new share buyback of up to 1 billion Swiss francs ($1 billion). The fillings in the buns, which can range from sweet paste to meat or vegetables, must be 40 grams.
Furthermore, Tong's directive to all of the brand's restaurants is that cooked buns which are not sold within two hours have to be immediately discarded.
In just seven years, Tong has opened nearly 200 restaurants in Hangzhou and Shanghai, selling a combined 70 million buns every year and generating about 200 million yuan ($30.7 million) worth of revenue.
But it was ultimately his undying love for steam buns that convinced him to open a restaurant selling just that in 2009. Fast-growth businesses such as information technology, development of digitalization products, and scientific research and development jumped 195, 199 and 41 percent respectively.
Also, Bank of China may set up a new subbranch in Houston because many Chinese petroleum companies operate businesses there. In the first four months, the imports totaled 1.88 million tons, 23 percent more than the same period a year earlier.
Meanwhile, the nonperforming loan ratio of its overseas branches remained as low as 0.17 percent, according to Chen Siqing, president of BOC.
Some consumers even pair their wines with the films they watch or the music they listen to," said Zhang Meijun, a Suzhou-based imported wine distributor.
It's also likely that the market is still not mature enough and quite segmented," said Zhu. I can experiment with pairings of different food and wine, which is quite interesting," said Liu Erye, a consumer and a freelance food reviewer in Shanghai.
It could turn out to be one of the most competitive optical fiber cable suppliers on the continent.
He is joint head for Singapore as well as the investment group and portfolio management group, according to Temasek's website. Alvarez-Pallete has been the company's chief operating officer and has worked directly under Alierta since 2012 in a process grooming him for the top job.
Tong said that he plans to open between 20 and 30 branches in the East Coast's New England region in the US by 2020.
The owner of Kingsmill bread and discount clothing retailer Primark last year sold two underperforming sugar factories in China, where it has operated since 1995. Mills boosted exports even as prices of steel reinforcement bar in Shanghai advanced by more than 50 percent at one point this year to the highest since September 2014.
Ignorant consumers would buy such high-cost wines assuming they must be good varieties hence expensive. And Ohrnberg believed Jarvinen would be able to take a leading role in the management of Greater China region. And, conversely, even if good-quality wines carried promotional lower price-tags, consumers would not buy them thinking they must be of poor quality hence cheap, said Bevis.

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