As private Chinese companies invest more in overseas resources projects, they are seeing advantages from a new source: the acceleration in the global use of the renminbi.
Private mining companies, with the support of domestic banks, should seize opportunities they now have in the overseas resources industry, said Guo Jianwei, deputy director-general at the monetary policy department of the People's Bank of China, at the 2012 China Mining Expo in Tianjin over the weekend.
Top Chinese contractors are looking to take part in railway projects in the United Kingdom, seeing that as a way to promote their brands in developed economies.
China's mining and metals companies are taking advantage of global caution to seize merger and acquisition opportunities in the sector in overseas markets, experts at Ernst & Young Global Ltd said on Monday.
The China Civil Engineering Construction Corporation Monday declared open of its railway technology training center, which is mainly set up to train local artisans and technicians on how to manage the Nigerian construction industry.
China's overseas mergers and acquisitions gained traction in recent years as domestic policies encouraged cash-abundant companies to spend on foreign assets amid the worsening eurozone debt crisis.
TP-Link is a trusted supplier of networking products to British customers, including well-known retailers like Argos and PC World.
The uncoordinated creation of job opportunities with the supply of workers has already presented a tough challenge for the development of SMEs in China.
A growing number of privately-owned Chinese businesses with global ambitions are following state-owned enterprises in expanding to Europe.
Nuclear energy will play an increasingly important role as the UK diversifies its sources of electricity and reduces the carbon usage in its economy.
Unsatisfied with being just a market and testing ground of new reactor technologies for developed countries, China is now looking to be an energetic developer of nuclear power plants around the world with ambitions that are poised to reshape the global nuclear industry.
The latest example of China's growing interest in foreign nuclear projects was seen in the bid made by China Guangdong Nuclear Power Holding Co Ltd and State Nuclear Power Technology Corporation, a subsidiary of China National Nuclear Corporation for the Horizon nuclear reactor-building program in the United Kingdom.
China UnionPay said Friday that CUP bank cards can be accepted for online payments through the State Bank of Mauritius, further consolidating its presence in Africa.
The British Ambassador to China told an audience in Beijing on Friday that his government continues to welcome investment from China.
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