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Bamboo forests in Anji, Zhejiang province, provide the background for a springtime footrace in April. People living in Nigeria might soon be able to use advanced technology to grow bamboo to deal with rising sea levels. XU YU/XINHUA

Banking institutions can experiment with bankruptcy as an option for market exit, although mergers and acquisitions will remain as the main option, said Xiao Yuanqi, chief risk officer and spokesman of the China Banking and Insurance Regulatory Commission (CBIRC), at a media briefing on Thursday.

Baiyin Intermediate People's Court posted a statement on Sina Weibo on Friday saying that it will hear the case of Gao Chengyong in its No 1 courtroom, but it added that the trial will not be open to the public because of privacy considerations. It did not elaborate.

Baker: I think it was just what they needed. IBM cannot afford to be anywhere but at the top of computing. They can’t afford to be anything but one of the great computing companies on Earth. If they lose that, then they’re just kind of an expensive consultancy without a lot to offer. They need that, and they need to show people that — to get investors interested in them, and customers interested in them, and also talented computer programmers and other scientists.

Based on information provided by the center, more than 280 drug trafficking suspects and 80 drug dealers have been arrested. Around 70 drug gangs have been busted, along with more than 900 drug addicts.