When the National Bureau of Statistics (NBS) in October released its consumption figures for the first three quarters, people were surprised to discover that consumers are playing an ever-important role in the growth of the economy.
Robert P. Kelly is still working out the details of the integration of Bank of New York and Mellon, which merged in July.
Companies based in the Asia-Pacific region are beginning to favor the mainland and Hong Kong as preferred locations for their regional headquarters (RHQs), however Singapore still remains the top choice.
HSBC, the largest bank in Europe, opened a global operation center in the city of Foshan, Guangdong Province, early this week, signaling its confidence in the prosperous Pearl River Delta region and the entire mainland market.
Driven by strong growth potential, Chinese insurance intermediary companies are striving to expand their listings to satisfy the hunger for capital.
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