The latest round of interest rate cuts will add more pressure to the already shrinking interest margins of Chinese lenders and trigger fierce competition among them for deposits, industry experts said on Monday.
Buoyed by the rapidly expanding middle class and their growing tastes, international luxury hotel chains are now eyeing growth through expansion in the second- and third-tier cities of China.
Adveq Management AG, the global private equity fund of funds company, plans to increase its investments in China from next year, its chairman has told China Daily, a decision based on its expectation of strong economic growth in the country.
More Australian corporate borrowers are expected to issue Dim Sum bonds by the middle of next year, Bank of China Ltd said, after the first such offering was made by an Australian state government last week.
Any Chinese company, big or small, determined to establish a trustworthy presence and reputation in an overseas market should try and blend into a local market and win the trust of niche clients - and one of the world's best places to base their operation is Dubai's Jebel Ali Free Zone.
Before going to a well-known foreign English training center two years ago, the-then 30-year-old Zhou Kai was always embarrassed when anyone, especially a job interviewer, asked him to describe his English proficiency.
Though there has been a steady growth in the number of English training centers in China, it has triggered intense competition within the industry as companies compete with each other to garner more customers and market share, sources said.
Pearson Plc, the global education service company, is planning a major push into China in response to the country's swelling demand for English-language skills both from students and the business community.
China's vibrant publishing market has attracted a surging number of foreign publishers to the country to trade rights, showcase their creative content and exchange views with their Chinese counterparts.
As economic and other relations between China and Africa expand, travel agencies are reaping the benefits of increased travel.
For a long time, the Chinese middle class and young professionals have been dressing in European clothes, wearing European leather shoes, strapping on European watches and driving European cars as essentials of a trendy lifestyle.
In recent years, DP World has been actively operating in the landlocked town of Khorgos, where the nearest ocean is hundreds of miles away.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
