It is certainly a good time to be leading a private enterprise in China. We all know about the success of Chinese Internet and consumer electronics companies. But there have also been successes by Chinese private enterprises in other fields. It is hard to pinpoint how much of this has been achieved due to the reduction of some advantages to State-owned enterprises, or due to the shrinking margins of multinationals. But one thing is for sure: It is an ongoing trend that has reached a tipping point.
Smart healthcare is growing trend to spread across China and world
"Currently, too much investment flows to medical treatment sessions. However, in a smart healthcare system, prevention and rehabilitation are more important than medical treatment. Statistics say that more than 260 million people in China are suffering from chronic diseases. If we can get more investment into the prevention sector, the number of people suffering from chronic diseases will be much smaller."
Nasdaq Dubai is hoping to lure more bond listings from China, said the Gulf Cooperation Council's second-biggest trading partner after the bourse signed its first deal earlier this month with the emirate.
Snowbird AG's initial public offering in Germany was hurt by the disappearance of executives at Ultrasonic AG, a Chinese shoemaker listed in Frankfurt, according to the firm managing the IPO for the Chinese down processor.
US chipmaker said to spend $1.5b for 20% stake in parent of Unisplendour
Huawei Technologies Co Ltd, the world's largest telecommunications equipment maker, said it would invest more than $4 billion in fixed broadband technology research and development in the next three years.
Chinese banks face a "major risk" from rising nonperforming loans in the second half of the year as the economy slows, PricewaterhouseCoopers said on Thursday.
Young, rich and hungry for speed, a new generation of Chinese drivers is reshaping the global market with their taste for powerful cars, said a new study released on Wednesday.
Consumers have increasingly high expectations of financial services, and banks that can innovate fast enough to keep up with their demands are the most likely to succeed, according to Boston Consulting Group on Thursday.
Consumers will soon have a plethora of express delivery companies to choose from in China as the government has decided to open up the express delivery market to qualified foreign companies.
Russia has developed a strong appetite for the Chinese currency, reports Bloomberg in Moscow.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
