The Bank of Singapore recently revealed that they are planning to set up onshore businesses in China, particularly in Shanghai.
The private equity industry in Chengdu has seen an increasing growth since it was established in 2009 by the Chengdu government and China Development Bank with the starting capital of 1.5 billion yuan, the South China Morning Post reported.
China has started charging tariffs on steel imports from the European Union, United States, South Korea and Japan, according to an announcement by China's Ministry of Commerce on Sunday, July 24.
Since the launch of "Pokemon Go," Nintendo's market share went skyrocketing alongside the global phenomen the GPS-based game was able to produce. Just a few hours ago, its shares plummeted after investors realized the company does not fully own the game.
The United Kingdom wants to open and invite more Chinese investors. Chancellor Phillip Hammond disclosed recently that discussions on free trade have already begun.
The stability of the Chinese currency will be the main objective of efforts from the People’s Bank of China, says the bank chief on Sunday.
China is stopping new investments from hooking up on wind energy grids because of wastage and violations on terms of use.
Pokémon Go fever has hit North America, Europe, and Japan, making Nintendo worth more than Sony, and Google spin-off Niantic a famous software developer. Apple has also just reported that the GPS/augmented reality (AR) game also broke the App Store record for most downloads in its first week. During the first seven days after launch the Pokemon mobile game was only available in Australia, New Zealand, and the United States, while a world-wide rollout is planned.
The luxurious, elegant, and classy Hyatt Chengdu finally opens its doors to guests last July 16.
U.K.'s Wolverhampton Wanderers is now officially under Chinese management after the West Midlands soccer club was sold to investment group Fosun on Thursday for £45 million.
Premier Li Keqiang recently urged private as well as semi-public businesses to invest in government's key projects that are part of the 13th Five-Year Plan period (2016 -2020), China Daily reported.
Smartwatch shipments dropped almost one-third in the second quarter (Q2) of 2016, which represents the first time it has happened. Apple Watch sales still led the industry with 1.6 million shipments, but was the only top-five smart watch manufacturer to have a year-over-year (YOY) loss. Samsung, Lenovo, LG , and Garmin had small or no increases in sales of the wrist wearables.
The attorneys general of the states of New York, Massachusetts, and Maryland have filed lawsuits against Volkswagen Group (VW), as well as its affiliates Audi and Porsche over diesel emissions cheating.
Backers of Uber Technologies Inc. are urging management to sign a deal with transport giant Didi as the negotiations are getting too costly.
