Gold consumption in China reached 1,089 tons in 2017, up 9.41 percent, with demand for jewelry, bars and industrial-use yellow metal surging.
Goldman Sachs and Morgan Stanley reported better-than-expected quarterly profits, helped by strength in stock trading and equity underwriting, wrapping up a strong quarter for the big US banks. Goldman shares rose 3 percent, while Morgan Stanley shares gained 5.7 percent.
Goods trade between China and the UK amounted to 575.67 billion yuan (.08 billion) between January and November this year, up 6.5 percent on a yearly basis, data from the General Administration of Customs showed.
Great civilizations have much in common to offer each other. More than 2,000 years ago, ancient Chinese and Greek civilizations shone brightly in Asia and Europe. Greek's golden era produced many of its great philosophers and literary giants. That coincided with a period in China when "a hundred schools of thought contended with each other" and flourished together. Nikos Kazantzakis, a giant of modern Greek literature who had visited China twice, commented that "Confucius and Socrates were two masks that covered the same face of human logic." Humanism, which traces its origin to the Sophists of ancient Greece, resonates with the Confucian teaching that "people are the roots of a country." One can also find much similarity between the lifestyle and philosophy of Diogenes and Zhuangzi, a leading Daoist philosopher who lived around the 4th century BC in China.
Guan Qingyou, research director of Minsheng Securities, said, "The Belt and Road Initiative will promote China's merger and acquisition tide" as companies can decrease deal costs and risks with State financial support.
Growing numbers of financial players are joining in the race to equip financial products with advanced technologies such as facial recognition.
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Governments need urgently to find green recovery measures to save economies ravaged by the disease and to preserve the environment.
Gone are the days when Valentine's Day was all about pleasing the ladies: Gift-buying for men is on the rise.
Grains are put out to dry on traditional mats in the village of Huangling in Wuyuan county, Jiangxi province. [Photo/Xinhua]
Google has been reconfiguring its tablet offerings over the last few years, eschewing the Android tablets of the past in favor of new devices under Chrome OS. Google revealed its first new first-party tablet in years under this plan.