China has become a new focus for Western luxury yacht makers as the global downturn has hit Western buyers hard and emerging markets such as Russia and the Middle East are still maturing.
Working with Chinese colleagues after one company has bought another is valuable experience for both sides even if there are sharp differences between the two, says Lamberto Tacoli.
For a product that has been a staple of East-West trade for more than 2,000 years, it has an elegant allure that never seems to show any signs of age.
On a road linking Hangzhou's famous West Lake and the mountains that surround it is a white and gray building said to be the largest silk museum in the world.
"This year's slowdown of consumption growth during the holiday break was mainly caused by the decline of high-end spending."
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If you have not heard about Hangzhou's fashion scene, you do not know about China's fashion industry.
Addis Ababa is said to be the Ethiopian city with the best public amenities and services, but that does not stop sewage running through the streets of the capital.
Mozambique's growth figures point to economic prowess, but the rice fields tell another story, and China is pitching in to help solve some problems.
China's trade growth exceeded market expectations last month, taking the edge off worries about a slowdown in the world's second-largest economy.
China is likely to see a boom in budget airlines following a decision by the Civil Aviation Administration to ease regulations.
It's been a sluggish holiday season for Panda Fireworks Co Ltd, one of the leading fireworks producers in China.