Del Monte Pacific Ltd. (DMPL) is increasing its China sales with the goal of business expansion.
The Nepali government will promote its pashmina products through the OBOR to boost China-Nepal trade.
China’s monetary policies are expected to become tougher this year, but experts say a liquidity crunch is unlikely for the world’s second-largest economy.
As part of the negotiated trade deal between China and Canada, China is planning to buy Canadian companies and bring Chinese workers to Canada to work on projects, which will be mostly funded by the Asian Infrastructure Investment Bank (AIIB).
For years, incoming foreign direct investment (FDI) was essential for China’s exports and the development of its economy during its labor-rich era. However, FDI has since decreased with more outbound direct investment (ODI), according to a report by CCTV news.
China is planning to significantly decrease the number of sectors closed to foreign investment, according to a report by Star News Online.
The New Development Bank (NDB) is considering a partnership with the Asian Infrastructure Investment Bank (AIIB) to fund infrastructure projects along the Belt and Road countries as more members are expected to join, according to NDB's vice president.
The home-sharing and home rental services in China are currently facing concerns due to the lack of unified standards and regulations.
Nike, Adidas, New Balance and Under Armour are banking on their brand prestige to ward off domestic competitors.
Anta Sports shares went down by 8 percent after the company announced that it would sell new shares in a private placement.
Saudi Arabia has agreed to build unmanned aerial vehicles (UAVs) for China after the signing of a partnership agreement on March 16 between Saudi Arabia's King Abdulaziz City for Science and Technology (KACST) and the China Aerospace Science and Technology Corporation (CASC), IHS Jane’s Defense Weekly reported.
Airbnb China has rebranded itself as Aibiying. The move was done for the company to cater to Chinese millennials.
Andrew Ng’s resignation as Baidu AI chief may come as a surprise for China’s tech titans but on the day the news came, the three tech giants--Baidu, Alibaba and Tencent--known as China tech trinity, reported a 48 percent increase in their full year revenues.
Australian Prime Minister Malcolm Turnbull has called on China to continue with significant reforms in the economy, as he highlighted Australia’s strong ties with China and the achievement of the China-Australia free trade agreement (ChAFTA).
Alibaba’s popular shopping site Taobao is now directly linked to shoppers in Singapore through online retailer Lazada’s website, taobao.lazada.sg, a step ahead of U.S. rival Amazon.
