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Li Ning Co Ltd, China's leading sportswear brand, has raised the stakes yet again in its battle with global leaders Nike Inc and Adidas AG.

Students in the executive education program at Cheung Kong Graduate School of Business include many of the richest and most influential Chinese entrepreneurs.

Urban Chinese women are spending more and saving less as they poured 63 percent of their incomes into consumer goods ranging from clothes to cosmetics last year, a poll has found.

China, which is set to import more than 55 percent of its oil needs this year, should seek greater diversification of oil imports and build more stockpiles to enhance energy security, said analysts.

In China's online video market, where firms generate most of their revenue from online advertising, subscriber fee-based LeTV.com seems to be a bit eccentric. But that did not prevent the firm from becoming the first video site to be listed on the mainland stock market.