The Frankfurt branch of Bank of China Ltd is hiring around 20 employees and increasing its equity by 1 billion yuan ($160 million) to become the first bank in the 18-nation euro area to clear payments in the Chinese currency.
Cultural performance investment in Chinese tourist destinations has become popular among private investors, financial experts say.
Stricter regulations tighten the market as they bolster safety
Accor SA will build about a third of its 100 planned Chinese hotels in tourist destinations as rising wealth in the country leads to growing leisure travel and oversupply in cities depresses room tariffs.
Russia's Inter RAO might build the world's largest coal-fired power plant to sell electricity to China in a sign of strengthening bilateral economic and political ties.
China will be at the center of the developing global framework of investment governance, with the world's second-largest economy set to become a net exporter of investment, an official of the United Nations Conference on Trade and Development told China Daily on Monday.
Retired basketball star Yao Ming said "anything is possible" amid speculation that the former Houston Rockets center is putting together a bid for the Los Angeles Clippers with Chinese investors.
Building African infrastructure feeds demand for heavy vehicles to the benefit of one international partnership, Xing Zhigang and Li Jiabao report from Johannesburg
The China (Shanghai) Pilot Free Trade Zone will name the first institutions that can replicate its model nationwide in the fourth quarter, a senior official of the zone said on Monday.
Economic and environmental officials vowed on Monday to step up efforts in the next two years to ensure China's energy and environment goals for 2015 are within reach, despite efforts in the 2011-2013 period that failed to measure up.
The People's Bank of China will allow commercial banks to offer large-denomination certificates of deposit to individuals and companies, a further step to free up interest rates, The Wall Street Journal reported.
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