Trending: Sexologist Becomes Nun Peng Lulu, a 30-year-old university teacher of sexology, who became a nun at a Buddhist institute in Sichuan province on Dec 19 has created an online buzz across the country.
Russian Expat Billionaires Rally behind Putin's Patriotic Call At least one of Russia's numerous expat billionaires is responding to Russian President Vladmir Putin's call for them to transfer their offshore bank accounts back to Russia to help prop up the Russian currency. Alisher Usmanov, a Russian billionaire and co-owner of English Premier League club Arsenal has announced he's moving his assets from Cyprus to Russia.
State Council to Hand Taxation Power back to Legislature China's central authorities are moving to shift control over which part of the government has the ability to levy taxes.The current meeting of the CPC standing committee has seen the authorities strip the state council and the ministries from their ability to levy taxes.
Jackie Chan's Son Prosecuted on Drug Charge Jaycee Chan, son of Chinese kung fu star Jackie Chan, was prosecuted in Beijing on Monday for allegedly providing a venue for drug users, according to the People's Procuratorate of Beijing's Dongcheng District.
Online Sites Expand in Rural Areas China's leading e-commerce giants are stepping up expansion of online retail business in rural areas in hopes of tapping the new territory to offset a saturated urban market.
China's 1st Specialized IPR Court Aims to Improve Innovation The Beijing Intellectual Property Rights Court launched in November is the first court specializing in IPR cases in China. It aims to increase the damages awarded to the owners of intellectual property, while imposing strong penalties on violators.