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In the eyes of most Chinese, yachts are luxuries associated with an ostentatious life of leisure. Insiders, however, think differently.
Since 1985 when the Bank of China issued the first credit card in the country, the availability of credit has rapidly expanded, especially during the last decade.
An increasing number of top-flight Chinese businessmen and businesswomen are choosing to network on exclusive, high-priced customized tourist trips organized by travel companies.
Maoism was an irrelevant concept for Liu Songlin, son of an established businessman in Jilin province until he started his own business and systematically studied how to incorporate the thoughts of the military strategist and Chinese leaders into operating his business.
People in the hunt for a secondhand car are being warned to watch out for flood-damaged autos after it emerged that write-offs have been recycled in the pre-owned market.
Many shops on the new Qianmen Pedestrian Street may soon close due to a lack of customers and high rent.
Many Chinese 'elites' buy fake academic credentials to burnish their careers.
The illegal use of artificial essence to make scented rice has lead to a fresh round of inspections on the quality of rice produced across the country.
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.
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