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Jack Ma, founder of the Alibaba Group, who just became the richest man in China thanks to his companys record-breaking IPO-offering on the New York Stock Exchange, could next become the subject of a movie. Producer Janet Yang is looking to set up an
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STOCKHOLM, Jan. 25 (Xinhua) -- Global telecom giant Ericsson announced Tuesday that its net income in 2010 reached 11.2 billion kronor（克朗） (1.7 billion U.S. dollars), up 172 percent from 2009. Net income increased 172 percent to 11.2 billion
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BEIJING, Aug. 14 (Xinhua) -- The ratio of income earned by urbanites to that of rural residents is about 5.2, said a blue paper released by a major government think tank on Tuesday. According to The Urban Blue Book: China City Development Report No.
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BEIJING, Dec. 20 (Xinhua) -- China will increase its control over high earnings in monopolized sectors next year amid efforts to address income disparities, Minister of Finance Xie Xuren said Thursday. The government will improve its control policies
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BEIJING, Aug. 7 (Xinhua) -- China has allocated more than 20,000 hectares of land to support the construction of low-income housing this year, an official with the Ministry of Land and Resources said Tuesday. The nation plans to distribute 47,600 hec
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MADRID, Dec. 4 (Xinhua) -- Regal FC Barcelona produced a magnificent defensive performance to defeat Gran Canaria 65-49 to remain top of the Spanish Endesa ACB basketball league in the 10th round of matches this weekend. Juan Carlos Navarro was the t
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