Chinese industrialist Li Jinyuan  brought 6,400 of his employees on holiday to France in May – a trip that cost more than €13million – where they formed a record-breaking ‘longest human phrase’, reading ‘Tiens’ dream is Nice in the Côte d’Azur’. Photograph: Valery Hache/AFP/Getty Images

About 120 million Chinese people are expected to travel abroad this year and to spend billions

UnionPay: its days of domination may be under threat after a complaint in 2012 by the United States to the World Trade Organisation

Payments company faces increased competition in China from foreign firms

Troubling times: checking stock prices recently in Nanjing, China. Photograph: Reuters/China Daily

Government intervention in market slowdown prompts fears for reform

A survey by Vinexpo showed that, by 2018, Chinese wine consumption will grow by a further 24.8 per cent

Chinese now regard wine to be a healthy and sophisticated drink

Employees at a Foxconn factory in the township of Longhua in the southern Guangdong province. Photograph: Bobby Yip/Reuters

Expansion highlights growing competition with China for manufacturing jobs

An investor smiles as she walks past an electronic board showing stock information at a brokerage house in Fuyang,  China, yesterday. Photograph: Reuters

The Chinese government acted decisively, but fears of volatility still stalk the markets

An investor adjusts his glasses as he looks at a computer screen in front of an electronic board showing stock information at a brokerage house in Fuyang, Anhui province, China. Photograph:  China Daily/Reuters

Market players anxious about government intervention

The People’s Bank of China building in Beijing. The World Bank urged China to quicken the pace of reform

‘Wasteful investment, over-indebtedness, and a weakly regulated shadow-banking system’ needs to be dealt with, says report

President Xi Jinping: his government has taken a hard line on human rights and dissent and human rights defenders are regularly rounded up in frequent crackdowns. Photograph:  Ria Novosti/Host Photo Agency/Getty Images

At least 52 lawyers and activists detained or questioned, says Amnesty International

An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China, July 10, 2015. Photo: Reuters

More than $3 trillion has been wiped off the Chinese stock market in recent weeks

Investors look at computer screens showing stock information at a brokerage house in Shanghai. Photograph: Reuters/Aly Song

The Chinese stock market is surprisingly parochial, and its collapse may not have the global fallout many fear

 Chinese people walk down Financial Street in Beijing yesterday. Market players are  holding their breath to see if yesterday’s market rebound was a “dead cat bounce” or a signal  the bull run can continue, albeit at a less frantic pace. Photograph: EPA

Benchmark Shanghai index sees biggest daily rise in six years

Schoolchildren in Beijing visit the Museum of the War of Chinese People’s Resistance Against Japanese Aggression, marking China’s second World War victory over Japan. Photograph: Lintao Zhang/Getty Images

The key message is a warning against what China sees as Japan’s revived militarism

A trader works on the floor of the New York Stock Exchange look on as as news related to the falling stock market in China is shown on a television screen. Photograph: Reuters

Crisis could be worse than Greece as value of shares down by 30% since mid-June

Shanghai Composite Index: for every stock that rose, 16 fell, part of a broader decline which has seen the index fall more than 30 per cent in three weeks. Photograph: Wu Hong/EPA

Markets remain unsettled after premier Li Keqiang fails to address stock market crisis

Hong Kong: programme will support engagement between the Irish community and ‘Friends of Ireland’. Photograph: Xaume Olleros/Bloomberg

Programme will run for six months initially

China’s president Xi Jinping: the bank is a key part of his  efforts to boost China’s influence, called “peripheral diplomacy”, and redress  China’s poor levels of representation on international bodies such as the World Bank and ADB.  Photograph: SeongJoon Cho/Bloomberg

AIIB is a sign of China’s growing influence in the region

US navy crewman points to a computer screen purportedly showing Chinese construction on the reclaimed land of Fiery Cross Reef in the disputed Spratly Islands in the South China Sea. Photograph: US navy/Handout/Reuters

Airstrip will facilitate most Chinese military aircraft landing in Spratly archipelago

Tourists walk along the Great Wall of China. Adverse natural conditions and reckless human activities – including stealing the bricks to build houses – are doing more damage to China’s most famous landmark than the Mongol hordes ever did.File photograph: Johannes Eisele/AFP/Getty Images

Poor conditions and theft of bricks for houses do more damage than Mongol hordes did

Beijing: China plans to link up the capital with the nearby city of Tianjin and the neighbouring province of Hebei into a city that will be as big as Uruguay and have a population of 100 million people. Photograph: Rolex Dela Pena/EPA

Plans in place to link up capital Beijing, Tianjin and Hebei province into a giant urban zone

President Xi Jinping has called for greater efforts to guide  children of China’s nouveau riche to “live a positive life”. Photograph: Seong Joon Cho/Bloomberg

Children of the nouveau riche among the worst traffic violators and also seen as spoiled

Construction site in Beijing’s central business district:  report by London-based research house Capital Economics believes that China’s economic growth is being overstated by one to two percentage points because of a glitch in the way the data is calculated. Photograph: Reuters/Jason Lee

GDP deflator may be giving a skewed picture of real economic picture

Maserati sports car in China: a crackdown on corruption has  led to sluggish sales of high-end vehicles. Photograph:  Frederic J Brown/AFP/Getty Images

‘New Normal’ economy a tough environment for high-end luxury supercars

Police officers stand guard near a protest site outside the legislative council building in Hong Kong where pro-democracy lawmakers on Thursday voted down a China-backed election plan for the city that set off almost three months of protests last year. Photograph: Xaume Olleros/Bloomberg

Communist Party embarrassed as ruling council votes against ‘fake democracy’

Beijing, China: the country’s  government is aiming for 7 per cent growth this year, which would be the slowest in 25 years

More than half of European companies are still optimistic about growth prospects

Warren Buffett: expensive lunch guest. Photograph:   Dimitrios Kambouris/Getty Images

Oracle of Omaha to talk investment strategy over steaks with online gaming boss, winner of eBay charity bid

 China’s state-owned railroad equipment makers CSR Corp and China CNR Corp have merged to become CRRC. It is the world’s second-biggest industrial company, trailing only General Electric. Photograph: Wang Zhaowang Zhao/AFP/Getty Images

CRRC will be serious competition for General Electric, Siemens, Alstom and Bombardier

 China’s state-owned railroad equipment makers CSR Corp and China CNR Corp have merged to become CRRC. It is the world’s second-biggest industrial company, trailing only General Electric. Photograph: Wang Zhaowang Zhao/AFP/Getty Images

CRRC will be serious competition for General Electric, Siemens, Alstom and Bombardier

Former Chinese security chief Zhou Yongkang  at the Intermediate People’s Court in Tianjin on Thursday. He was sentenced to life in prison. Photograph: AFP Photo / CCTV

Zhou convicted of taking €18.5m in bribes and giving state secrets to fortune teller

China’s former security chief Zhou Yongkang has been sentenced to life in prison, the state news agency Xinhua reported. Photograph: Jason Lee/Reuters/Files

Yongkang is the most senior member of the Communist Party yet to be punished

An internal court video shows British investigator Peter Humphrey inside Shanghai No 1 Intermediate Court during his trial in 2014.   Photograph: Carlos Barria/Reuters

Consultant Peter Humphrey’s case connected to GlaxoSmithKline corruption scandal

Fighting with rebels on Burma’s border with China places strain on relations

A high school student reacts after sitting the 2015 “gaokao” national college entrance examination. Monitors inside exam halls are not allowed to wear high heels or perfume for fear of distracting the students. Photograph: AFP/Getty Images

Almost 10 million students sit high-stakes college entrance exams known as ‘gaokao’

A couple wearing face masks walk on a street in Seoul on Tuesday. Hong Kong has issued a warning against non-essential travel to South Korea after seven people died from Middle East Respiratory Syndrome (Mers) and 95 were infected by the virus. Photograph: Ed Jones/AFP/Getty Images

Outbreak in South Korea puts pressure on president Park Geun-hye to postpone US visit

Wuhan:  defiant individualistic streak. Photograph: Reuters

The city’s efforts to diversify and reinvent itself are an example of the ‘new normal’

China’s commerce minister Gao Hucheng (right) shakes hands with South Korea’s trade, industry and energy minister Yoon Sang-Jick during their meeting on a bilateral free trade agreement recently. Photograph: Reuters/Yang Dong-uk

Pact could create more than 50,000 jobs in South Korea

Owner Yum! is seeking €220,000 in damages

Veteran Chinese pro-democracy activist Liu Xiaobo: the Nobel Peace Prize laureate was imprisoned for dissent. Photograph: Reuters/Will Burgess

Despite crackdown on dissent, Chinese government is upbeat on its own record

Devices for collecting samples of Beijing’s air. Recent weeks have seen a noticeable reduction in pollution in Beijing which many have put down to the closure of coal-fired power plants in or near the city. Photograph: Reuters/Kim Kyung-Hoon

Earlier fall in greenhouse gas emissions would be big boost towards protecting climate

Relatives of the victims of the capsized Eastern Star cruise ship mourn at the bank of the Yangtze river in  central China’s Hubei Province on Sunday. Meanwhile, specialists began working on DNA samples from relatives to identify the dead. Photograph: Yu Guoqing/Xinhua via AP

‘I know you will not come back, but I really hope I could see you one last time’, one of 14 survivors says of his wife as ships’ h(...)

Rescuers right the cruise ship Dong Fang Zhi Xing which capsized in the Yangtze River. The death toll of the accident is expected to be over 400. The starboard side of the Eastern Star, which capsized late Monday in bad weather, was visible above the water. Photograph: Yuan Zheng/EPA

More than 340 passengers missing from capsized cruise ship on Yangtze River

In Hong Kong, tens of thousands joined a candlelight vigil to mark the anniversary of the Tiananmen Square massacre in 1989. Photograph: Dale de la Rey/AFP/Getty Images

Anniversary of killing of pro-democracy protesters always a tense time in China

Local residents pray at a candlelight vigil to pay their respects to the passengers of the sunken cruise ship on the Yangtze River, at a public square in Jianli, Hubei province, China, on Thursday. Photograph:  Kim Kyung-Hoon/Reuters

Official death toll in sinking of ‘Eastern Star’ in China rises to 75, but more than 360 still unaccounted for

Staff in Jianli funeral parlour prepare ice coffins for victims who were travelling on the capsized passenger ship  ‘Eastern Star’ in the Yangtze river: more than 400  remain missing. Photograph: AFP/Getty Images

Doubts expressed about ‘Eastern Star’ captain’s version of how ferry sank

John Flaherty, CEO of C&F. “We know where the money went, the Irish banks are investigating, and the Embassy in Beijing is involved,” said one C&F source

C&F’s representatives complain of repeated refusals over six days to open case file

An elderly passenger is escorted to the river bank after being rescued from the “Eastern Star” vessel which sank in the Yangtze River. Photograph: Stringer/AFP/Getty Images

Twelve survivors brought to shore from cruise ship hit by tornado in Yangtze River

Wang Sicong’s husky Wang Keke wearing two Apple Watches, each worth about $20,000. Photograph: Europics

Son of country’s richest man ignites succession debate with photographs

Hong Kong: imported goods are much more expensive than they are in the southeastern city of China, for example, and are about 20 per cent higher than in Europe on average. Photograph: Bobby Yip/Reuters

Tariff cuts aimed at making domestic prices more comparable with overseas

For the children of the new rich in China, it’s hard to shake off the perception that they were born with silver chopsticks in their mouths. Photograph: Reuters

China’s nouveau riche account for much of the European luxury goods market

Online footage has shown the Chinese building, on the Fiery Cross Reef in the area, what looks like an airstrip and facilities, which the US navy calls the “Great Wall of Sand”. Photograph: United States Navy via the New York Times

Beijing’s South China Sea ambitions have made its neighbours anxious

A worker smoking during a break at a demolition site in Beijing. Data shows that about 1.5 million people die from smoking-related diseases every year in China, where there are 300 million smokers. Photograph: Greg Baker/AFP/Getty Images

Strict rules initially covering Beijing include ban on lighting up in indoor public places

The Hudson County correctional centre in Kearny, New Jersey.  Yang Xiuzhu, a senior official who oversaw construction projects in the booming eastern province of Zhejiang, is in US custody pending her removal to China.  Photograph: Reuters/Eduardo Munoz

Ex-cadre Yang Xiuzhu accused of embezzling more than €36.5m

The Jin Mao Tower and the World Financial Centre of Shanghai: the city is home to more than 50,000 of China’s super-rich, as is the case in Beijing and the provinces of Jiangsu, Zhejiang, Shandong and Sichuan. Photograph: Aly Song/Reuters

Many of the tycoons work in IT, biotechnology and alternative energy sectors

A Chinese military helicopter flies off the deck of Singapore’s navy missile frigate during a joint exercise by the Singaporean and Chinese navies in the South China Sea yesterday. Photograph: Then Chih Wey/Xinhua via AP

Cabinet issues policy document highlighting ‘critical security domains’

Malaysian security forces discovered a total of 139 graves, most containing several sets of remains, at 28 human trafficking camps near the Thai border. The identifies of the victims was not yet known, whether they are Rohingyas or Bangladeshis, as exhumation works had just begun. The discovery of the mass graves comes amid international outcry over the thousands of Rohingya refugees thought to be adrift in South-East Asian waters. Photograph: Fazry Ismail/EPA

Authorities believe at least two camps were abandoned in the last two to three weeks

Bangkok: Some six million Chinese are expected to visit Thailand this year, compared with 4.6 million last year. Photograph: REUTERS/Damir Sagolj

Affluent Chinese and a weak euro are both big factors in sizzling luxury travel outlook

Investors look at computer screens showing stock information at a brokerage house in Fuyang, Anhui province, China. Photograph: Reuters/China Daily

Government plans 10-year ‘Made in China 2025’ incentives to give technology a lift

Former Korean Air Lines executive Heather Cho (C) is surround by reporters as she is released at a courthouse in Seoul, South Korea on May 22. Photograph: Reuters/Hwang Kwang-Mo/Yonhap

Jailed Heather Cho became focus for anger at ‘chaebol’ industrial groups

Rohingya migrants queue up for food at a temporary shelter in Bayeun, Aceh province, Indonesia. Since May 10, thousands of Bangladeshi and Rohingya migrants have landed ashore in Indonesia, Malaysia and Thailand. Thousands more are believed to be trapped at sea in boats abandoned by their captains. Photograph: AP Photo/Binsar Bakkara

Police find more than 28 abandoned camps, some large enough to hold up to 300 bodies

Shanghai: hosted SIAL China Food Fair. Ireland’s food exports to China have more than doubled to €620 million since 2011. Photograph:  Johannes Eisele/AFP/Getty Images

Weak euro and Chinese fondness for alternative cuts could be crucial, as exporters visit Shanghai

Tourists look at an Apple Inc. iPhone 6 Plus smartphone in front of a sculpture of a gilded bauhinia at Golden Bauhinia Square in Hong Kong, China. Photograph: Billy H.C. Kwok/Bloomberg

US giant has overtaken domestic producer Xiaomi in terms of market share

Paris: Li Jinyuan, president of the Chinese Tiens conglomerate, brought 6,400 of his employees on holiday to France, staying in Paris and the Cote d’Azur. Photograph: Kenzo Tribouillard/AFP/Getty Images

Employees from Tiens group took over 140 hotels in Paris and also visited Cote d’Azur

China’s President Xi Jinping: has launched a wide-ranging campaign to root out corruption in China, whether it involves massive wealth accumulated by the powerful “tigers” of the elite or backhanders palmed over to the “flies” at the bottom of the Communist Party. Photograph: EPA/TATYANA ZENKOVICH

Power-seeking and corruption no longer allowed in nation’s financial hub

People line up to apply for teaching jobs at the local education bureau, in Lianyungang, Jiangsu province, China recently. Photograph:  Reuters/China Daily

Many civil servants abandon ‘iron rice bowl’

Alibaba: insisted the ad was meant to be a joke. Photograph:  Reuters

Candidates had also been expected to be good at complimenting men and able to tolerate spicy food

 “Over the past 30 years or more, the Chinese government has gradually given more freedom to people in areas of life deemed to be non-sensitive,” says William Nee of Amnesty. Photograph: Wang Zhao/AFP/Getty Images

Draft of wide-ranging law raises concerns over curbing of individual freedoms

Local people collect bricks from their collapsed houses in the aftermath of the April earthquake, in Lalitpur, Nepal. Photograph: Hemanta Shrestha/EPA

International response to an appeal for emergency funds has been slow, says UN

Bob Keogh has previously worked with PwC and Goldman Sachs

Wild geese Bob Keogh, head of State Street’s Alternative Investment Solutions unit for Asia Pacific

Earthquake victims line up during a food and water distribution at a camp for displaced people, in Kathmandu, Nepal. Photograph: Adnan Abidi/Reuters

While men worked further afield their loved ones bore the brunt of the disaster

A mother reaches towards the coffin of her son, whose body was discovered under rubble, during his funeral in Barpak, Nepal, on Tuesday. Photograph: Daniel Berehulak/The New York Times

‘What they are seeing is entire towns and villages where every house and public building has collapsed’

A Nepalese villager looks out from inside an Indian military helicopter after being evacuated from the village of Bihi during a relief and rescue mission in the Gorkha district of Nepal. Photograph: Daniel Berehulak/New York Times

Kathmandu slowly getting back to normal after quake but remote areas still in crisis

Damaged houses  pictured from a helicopter over Gorkha district in Nepal recently. Photograph: Sajjad Hussain/AFP/Getty Images

Remittances from abroad will prove key to helping fund reconstruction

Nepalese farmers work the land near Bungamati village in the Kathmandu Valley recently. Photograph: Menahem Kahana/AFP/Getty Images

Fears for food security as crops and livestock devastated by the earthquake

Tourists take part in a paragliding session overlooking Pokhara in Nepal. Photograph: Sajjad Hussain/AFP/Getty Images

Mountain tourism has been especially hit hard by the April 27th earthquake

An aid delivery near Dolakha. “The figure that 80 per cent of houses have been damaged sounds right,” said Dualta Roughneen of Plan Ireland. Photograph: Dualta Roughneen

Race to deliver post-earthquake aid to remote areas before rainy season

A man watches the burning pyres of victims of the Nepalese earthquake, during a cremation in Kathmandu yesterday. Photograph: Adnan Abidi/Reuters

Shortage of helicopters hindering relief to remote areas difficult to reach by road

Earthquake: villagers in Paslang, near the epicentre, in Gorkha. Photograph: AFP/Getty

Two people and 50 animals died in Paslang, near the epicentre of Nepal’s recent quake. In this traumatised village, rebuilding see(...)

Earthquake survivor Krishna Kumari Khadka (24) is rescued by joint rescue team members from Norway, France and Israel. Photograph: Reuters/Navesh Chitrakar

600,000 houses destroyed or damaged after earthquake, writes Clifford Coonan, in Nepal

Rubble is removed from the ancient Mahadev Mandir temple at Durbar Square in Bhaktapur, Nepal. Photograph: EPA/Palani Mohan

Stories emerge of tensions between rescue workers and despairing locals

Tens of thousands have been left homeless in Kathmandu and short of food and water. Photograph: Reuters

Death toll above 5,000 with almost 10,000 injured, writes Clifford Coonan, in Nepal

A woman stands amid the damage to a neighbourhood where residents are working to recover personal belongings from their homes in Bhaktapur, Nepal. Photograph: Daniel Berehulak/The New York Times

People wonder what’s next as they search for dead, writes Clifford Coonan in Nepal

Sheltering from the heavy rain that struck Kathmandu on Tuesday as people scrabbled through the rubble looking for relatives and friends. Photograph: Narendra Shrestha/EPA

There are candlelit vigils and vans holding up buildings, writes Clifford Coonan in Nepal

A construction site in Qingdao in China’s Shandong province: Premier Li Keqiang has urged local officials to  avoid bureaucratic delays on infrastructure projects. Photograph: AFP/Getty Images

China is leading the way as it seeks to expand its influence in the region

Workers sort fish at a wholesale market for fish and other seafood in Mahachai, in Thailand’s Samut Sakhon province. Photograph: Damir Sagolj/Reuters

European Commission threatens to ban Thai seafood imports

Inventor Dean Kamen began selling the Segway  to the public in 2002, but sold it to Summit Strategic Investments two years ago. Photographer: Ty Wright/Bloomberg

Purchase comes just months after patent infringement lawsuit initiated by Segway

A sitting of the Supreme People’s Court in  Beijing, China.  Photograph: Frederic J Brown/AFP/Getty Images

Chinese woman beat husband to death with air rifle in 2010 in high-profile case

Lu Wei: China’s minister of cyberspace affairs administration: Photograph: Johannes Eisele/AFP/Getty Images

China’s crackdown on internet censorship rules is bad for business

Zhou Yongkang: he has been accused of a range of crimes ranging from taking bribes to having mistresses to leaking state secrets. Photograph: Anindito Mukherjee/EPA

Report show former security chief authorised wiretaps on elite, including Xi Jinping

Chinese President Xi Jinping: A brokerages boom appears to have added more than half a percentage point to Chinese GDP in the first quarter as equities turnover surges. Photograph: Alan Betson/The Irish Times

There are fears that margin trading is driving the record market performance

Author Gemma Williams: “The Chinese fashion industry is incredibly complex and layered, even though it is relatively new.”

Fashion industry booming in China

Alan Duffy, chief executive of HSBC: ‘Policy makers need to make sure that Ireland captures the opportunity provided by this increasingly significant source of capital by replicating the hard work put into previous target markets.’ Photograph: Bryan O’Brien

Food and telecoms are key investment areas, says HSBC Ireland chief

China’s president Xi Jinping receives flowers from a Pakistani girl after arriving at Nur Khan air base in Rawalpindi.  Mr Xi  arrived in Islamabad on Monday for his first state visit to Pakistan, where he is expected to announce investment of €42.77 billion. Photograph:  AFP/Press Information Department, Pakistan

Beijing sees Pakistan as key part of efforts to access the Indian Ocean over land to boost trade

Gao Yu, the Chinese journalist  accused of leaking an internal Communist Party document to foreigners, has been jailed for seven years. Photograph: Kin Cheung/AP

Amnesty International among those condemning the sentence as ‘political persecution’

On a quarterly basis, growth slowed to 1.3 per cent between January and March after seasonal adjustments

Gross domestic product grew an annual 7 per cent in the first quarter

Portraits of Li Tingting (top L), Wei Tingting (top R), (bottom, L-R) Wang Man, Wu Rongrong and Zheng Churan are pictured during a protest calling for their release in Hong Kong last week. Photograph: Reuters

Women were jailed for 37 days for planning protests against sexual harassment

China’s vice premier Li Keqiang: his assessment of China’s economic situation, what is known as the “new normal” with a GDP target formally set at about 7 per cent, has sparked jitters among overseas firms. Photograph: Wang Zhaowang Zhao/AFP/Getty Images

Search for more joint ventures could benefit Irish companies

 A worker producing hygiene supplies in a factory in  China. Photograph: AFP/Getty Images

Move to replace man with machine also spurred by desire to innovate

Beijing currently has 5.57 million vehicles, which discharge 700,000 tons of pollutants annually. Photograph:  Tomohiro Ohsumi/Bloomberg

Exhaust fumes one of the chief causes of smog in the Chinese capital

Bi Fujian, an anchor of China’s main state broadcaster CCTV, speaking during a news conference in Beijing on November 21st, 2013. The station said it would punish him after video footage was released  showing him poking fun at China’s founding father, chairman Mao Zedong. Photograph: Reuters

Bi Fujian apologises for singing ‘Don’t mention Mao - he has brought misery to us’

Chinese foreign minister Wang Yi: ‘I hope that all sides can work hard together, meet each other halfway and create conditions to resume the six-party talks.’ Photograph: Maxim Zmeyev/Reuters

China and Russia working closely together restart talks, says Chinese foreign minister

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