The North American International Auto Show began on Monday, Jan. 11, in Detroit City, U.S., and world-leading automakers' executives have set their eyes on the Chinese market.
China has spent the past few years gradually expanding its roots and influence in neighboring Asian countries, Euro zone superpowers and the United States.
The Qianmen roast duck restaurant, a branch of Sijiminfu with just 90 square meters of floor space in downtown Beijing, reported an exceptional achievement of a net profit of about 3 million yuan ($454,545) in 2015.
A Chinese partner of Volkswagen AG, China FAW Group Corp. is planning to commence car assembling in Pakistan to take advantage of the growing demand in the region.
Following the lifting of controversial measures laid down by the China Securities Regulatory Commission, investors expressed their optimism that the stock market will see an improvement.
Chow Tai Fook Jewellery Group Ltd. is likely to close some stores in Hong Kong. Sales have declined due to fewer tourists from mainland China.
The depreciation of the renminbi to a five-year low against the U.S. dollar has spurred a currency exchange boom on mainland China, compelling the regulator to strengthen intervention measures to control capital outflow pressure.
China National Chemical Corp. (ChemChina) has agreed to buy German machinery maker KraussMaffei Group, valued at about $1 billion, in a bid to upgrade the state-controlled company’s expertise in manufacturing plastics and rubber, China Daily reported.
With tremendous use of cloud computing globally, its demand in China too has grown to a higher level; however, cloud security, cloud systems, and sensitive data storage in the form of a channel for investigation stands as vital issues for businesses.
Hyundai Motor Co. is weighing options to make its new luxury Genesis vehicles in China as a way of overcoming import tariffs that add 25 percent to the price tag.
The "Internet Plus" strategy championed by Premier Li Keqiang is now starting to be realized. This comes after home appliance makers have commenced to use the technology in their products.
It is not just Asian markets that suffered bloodbaths as a result of the market turmoil in China. For the first time in seven years, the South African rand collapsed on Monday as value tumbled down by up to 10 percent to 17.9169 per dollar.
Mogujie, one of China’s biggest fashion-oriented e-commerce services, is taking over its major rival.
The cumulative market value of 28 university-linked A-share corporations increased by 163 percent in the past seven quarters, from $28.64 billion (187.8 billion yuan) in March 2014 to 493.7 billion yuan on Dec. 31, 2015.
Individual investors from China should embrace a universal approach and diversify investment to reduce their risks following the recent turmoil in China’s stocks.
