Quotable

"Dysfunction of the current world financial system is so deep that the classic recipes do not work. The West cannot conduct strategies to resolve the economic crisis without the Chinese."

HNA's first steps in Africa

China may be capturing headlines for its investments in oil, hydro and solar resources in Africa, but one Chinese company is making a play for the continent's airline industry.

Willing to pay a premium

China is expected to become the world's largest premium car market, overtaking the United States on its way to selling more than 2.3 million high-end cars by 2016, according to a McKinsey & Co report.

State of the art market

China became the world's largest art market almost two years ago due to the vast amount of Chinese artworks sought by the country's burgeoning wealthy elite. Then, having reached that peak, the market had more than a little shock art sales fell by about 40 percent last year.

More going, going, gone in China

Sales may have dropped, but China's art market is still expanding.

Moving up the ladder

The first thing that catches the eye when you enter the Yuanwang Digital Mall in Huaqiangbei is the multitude of shoppers and the din that is normally associated with Black Friday shopping in the US. Watching the crowds rifling through the array of mobile phones and electronics accessories on display, and the amazing bargains that are on offer at the various other shopping centers in the city, it is not hard to understand why Huaqiangbei, a street in Shenzhen, Guangdong province, is often referred to as the "No 1 street for electronic products in China". The 36-odd shopping centers in the street, spread over 1.45 square kilometers, achieved sales of over 300 billion yuan ($48 billion; 36 billion euros) last year.

At the center of the action

Electronics hub an entrepreneur's natural home

Quotable

"We have confidence that such growth momentum can be sustained over the long term. We expect a double-digit increase this year, probably as high as last year."

IN BRIEF (Page 14)

Looking inward for growth

China is expected to hold center stage at the summit of BRICS (Brazil, Russia, India, China & South Africa) nations in Durban from March 25 to 27, considering its key role in propping up global and African trade.

Changan's big push overseas

Amid the dazzling cars and models at the Frankfurt Auto Show in September 2011, the Changan Sense concept sports car caught attention for its sleek, curvy lines, aggressive body frame and its affordable price tag.

A change to the menu

It's a mouth-watering prospect for any entrepreneur, but despite an apparent increasing desire for Western food across China, foreign caterers and restaurateurs are finding it hard to satisfy demand.