Monday, 26th, 2017 | 11:26PM Updated

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Chinese Rural County Home to Founders of Country’s Four Courier Empires

Tonglu County in Zhejiang Province, a rural area with a population of only 400,000 people, is now more popularly known as the birthplace of the founders of four successful delivery and logistics companies or kuaidi, in the country.

Fast Retailing Chairman and CEO Tadashi Yanai Attends an Earnings News Conference
Fast Retailing, Owner of Uniqlo, Continues to Expand in China, Southeast Asia

Japan’s Fast Retailing has experienced rapid expansion, with China and Southeast Asia as its major growth drivers.

China-Pakistan Trade
China Is Now Pakistan’s Top Direct Foreign Investor, Surpassing the US

China is now the largest direct foreign investor in Pakistan, which is taking advantage of the billions of dollars poured to infrastructure overhaul brought about by China’s “On Belt, One Road” initiative, the Straits Times reported.

Workers Manufacture Cars at Dongfeng Nissan
Dongfeng Nissan Showcases Auto Technology at Guangzhou Airport

Dongfeng Nissan opened a two-month exhibition from April 10, 2017, at Guangzhou Baiyun International Airport featuring its latest products.

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Verizon Logo
Verizon seeks to improve its services by restructuring its organization?

A new organizational structure by Verizon is to be created in order to improve their delivery service. This investment by Verizon will be responsible for the operation of its new technologies such as 4G LTE, 5G and fiber infrastructure.

Taiwan Tech Companies' Revenues Decreased
Chinese Economy Negatively Affects Taiwan Tech Sales

The sales of Taiwan tech companies for March have been dragged by the slowing down of the Chinese economy.

Wealth Management Products by Banks
Investors in China’s $9 Trillion WMPs Unlikely to Get Bailout in Case of Default

Investors in China who have poured $9 trillion in wealth management products (WMPs) and similar products remain hopeful that they will get bailed out in case of a major blowup despite reports that China’s policymakers will not issue state guarantees, the Financial Post reported.

A CNPC billboard
China National Petroleum Corp to Expand in Middle East with Dubai Office

China National Petroleum Corporation (CNPC) will establish its Middle East headquarters in Dubai's Jebel Ali Free Zone.

China is intensifying its efforts to be a world leader in terms of producing solar and wind energy.
China's Solar and Wind Power Sectors Predicted to Gain Investments Worth $789 Billion by 2030

Around $789 billion worth of investment is expected to be received by China's solar and wind power sectors by 2030. This is according to a recently published reported by Greenpeace.

China's Insurance Industry
China's Insurance Industry Warned Against Risks as CIRC Tightens Regulations

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.

CBRC Chairman Guo Shuqing
China Intensifies Efforts to Curb Financial Market Malpractice, Addresses Banking Risks

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.

Coca-Cola Opens Its 44th Plant in China
Coca-Cola Opens Its Largest Bottling Plant in Central China

Beverage giant Coca-Cola announced that its biggest bottling plant in China has begun its operations in Hunan Province.

U.S Treasury Bills as Collateral
How the US May Negotiate Its $1 Trillion Debt to China

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.

KFC Bans Human Antibiotics in Chicken
KFC to Cut Use of Antibiotics in Chickens Supplied to US Outlets

Popular fast food chain KFC plans to cut the use of antibiotics in the chickens purchased for its U.S. stores.

Goldman Sachs Forecast
Goldman Sachs Forecasts Growth of Chinese Economy

Goldman Sachs forecasts a 6.8 percent growth of Chinese economy in the first quarter of 2017.

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