The country’s insurance industry has been warned against risks arising from several factors as China Insurance Regulatory Commission (CIRC) announced on Monday, April 10, that it will tighten regulations to avoid a systemic crisis, the Xinhua News Agency reported.
Chinese authorities are stepping up efforts to crack down on financial market malpractice such as insider trading, while the China Banking Regulatory Commission (CBRC) unveiled new measures aimed at addressing risks in the banking sector, the Xinhua News Agency reported.
Beverage giant Coca-Cola announced that its biggest bottling plant in China has begun its operations in Hunan Province.
The U.S. owes China more than $1 trillion in treasury bonds, but it was not reason enough to trigger a trade war which the two countries believed would be disastrous to both of them.
Popular fast food chain KFC plans to cut the use of antibiotics in the chickens purchased for its U.S. stores.
Goldman Sachs forecasts a 6.8 percent growth of Chinese economy in the first quarter of 2017.
Once targeted by China’s anti-corruption policy, industries engaged in casino operation, manufacture of expensive liquors and importation of luxury watches have all returned to business in China, according to a Bloomberg report.
On Sunday, China’s COSCO Shipping Lines launched a new regional service of container shipping for Northern Europe and the Mediterranean.
China’s relentless pursuit to become self-dependent on sophisticated industries, such as solar panel systems, have left foreign competitors and even smaller-scale Chinese businesses in the dust, an article by Today Online reported.
Incoming Hong Kong leader Carrie Lam’s promises to make property prices more affordable could end up unfulfilled as mainland Chinese developers continue to bid up property values, the Straits Times reported.
As China’s economic transformation shifts growth from the industrial to the service sector, U.S. companies are seeking new avenues for growth in the country.
U.S. gourmet restaurant Cottage Inn Pizza has announced plans for expansion into new locations in China in a bid to bite off a bigger slice of the Chinese market.
Embraer Executive Jets (EEJ), a Brazilian business jet manufacturer, is expecting continued growth in the country’s executive aviation market as the country’s billionaires, who are its potential customers, increase in number.
The opening of Alibaba’s first official headquarters in Melbourne early this year is expected to boost the efforts of Australian brands in promoting their products to Chinese consumers.
Chinese cities may be able to maximize their growth if the government would manage rapid urbanization well, experts said in an article on todayonline.com.
