Hundreds of millions of Chinese annually gather around their television sets for the country’s most famous television programme: the CCTV Spring Festival gala, an extravaganza of song, dance, acrobatics, comedy and drama staged every year on Chinese New Year’s eve, which falls on January 22 this year. Typically, more than three-quarters of Chinese households with televisions tune in to the show.
Most strategists and bankers are talking up the possibility of an oil price spike if political relations between Iran and the west deteriorate further; a sharp rebound in gold prices on the back of fresh eurozone turmoil; or a further collapse in US natural gas prices based on chronic oversupply.
Soon after he arrived, he invited about 70 Chinese and foreign reporters to his residence, greeted them in fluent Mandarin, and told them to 'Take a look around and feel at home!'.
The Associated Press has opened a bureau in the North Korean capital, Pyongyang, becoming the first international news organization with a full-time presence to cover news from the reclusive nation in words, pictures and videos.
As in other parts of the world, the Chinese are increasingly blurring the lines between retail gold demand, which is usually thought of as people purchasing jewelry to wear, and investment demand in the form of bars, coins or shares in exchange-traded funds.
Xian, a city that served as China's ancient capital for over 1,100 years, is famed for the terracotta army at the burial site of Qin Shihuang, who presided over the unification of China in 221 BC and declared himself the first emperor.