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As a global leader in research and development, China continues to portray its willingness for educational cooperation by expanding its scholarship program in Africa. Building the educational foundation is crucial in helping Africa fulfill its immense, unexplored potential. Thus, African students should always be reminded that they are studying with great expectations from their countries.

As a sports-related unit of Chinese conglomerate Dalian Wanda Group, Wanda Sports Group Co started trading Friday with initial public offering (IPO) of some 23.8 million American depository shares (ADSs) priced at eight U.S. dollars per ADS on the Nasdaq Global Market under the ticker symbol of "WSG."

As a matter of fact, trade alone at Alibaba, China's largest e-commerce platform, reportedly reached 168.3 billion yuan (.4 billion) on Saturday's shopping promotion, a day known in China as Singles' Day because the date, 11-11, resembles four "bare sticks," a term used in the country to refer to single people.

As a sign of the Mediterranean country's economic difficulty, the European Union pressured Rome earlier this week to further curtail its deficit.

As an example, he cited the China headquarters of Volvo Construction Equipment in Shanghai, which was the first company to complete the domestic settlement of offshore trade with the separation of flows of orders, goods and capital.