Quotable

"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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Revenge of the online copycat victims

If you have not heard about Hangzhou's fashion scene, you do not know about China's fashion industry.

Waters of life flow through capital

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.

Center's challenge of going it alone

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.

Robust trade eases slowdown worries

China's trade growth exceeded market expectations last month, taking the edge off worries about a slowdown in the world's second-largest economy.

Budget airlines to soar as limits lifted

China is likely to see a boom in budget airlines following a decision by the Civil Aviation Administration to ease regulations.

Drive to cut spending bites into gift biz

It's been a sluggish holiday season for Panda Fireworks Co Ltd, one of the leading fireworks producers in China.

Luxury market cooling down

The government's anti-corruption and frugality campaign has been cited as one of major factors dragging down growth in the country's luxury goods market.

IN BRIEF (Page 19)

Quotable

"According to the provincial data that have been released so far, the risk from local government debt is still generally under control. These disclosures, which are a first, offer much more clarity for investors who want to invest in specific regions."

Mining forests of gold

Lu Gaochao is proud to claim that he works with the soul of Gabon: its forests. He logs a section of forest his company bought, and now and again he comes across tribes who have lived there for hundreds of years and who have never had contact with the outside world.