China's financial markets are likely to see frequent defaults this year despite the recent avoidance of such a measure by a trust product, a senior economist with The Economist Group in China warned on Monday.
China's foreign exchange reserves, the largest in the world, reached a record $3.82 trillion last year.
Alibaba recently announced that two of its wholly owned American subsidiaries will soon launch a new e-commerce site in the US - further signs of its ambitious international expansion plans.
Wuzhou city is located in a valley on the border between Guangxi and Guangdong, where three rivers converge into the big Xijiang River. Wuzhou prospered as a commercial hub of five neighboring provinces connected by the busy waterway from the 18th century to mid- 20th century.
Seeing the glittering gems in a department store, you would never associate them with the messy scene typical of a cubic zirconia-processing workshop in Wuzhou.
Plagued by cost overruns and a $4.2 billion deficit, Taiwan's National Health Insurance set out in 2012 to find out what lay behind the problem.
Just as the idea for BMW's iDrive dashboard control system came from the gaming industry and Nike's Shox shoes were adapted from Formula One racing shock absorbers, some remarkable healthcare innovations have been inspired by other industries.
Depression, dementia, schizophrenia and substance abuse. Such mental health issues affect around 10 percent of the world's population.
Working with Chinese colleagues after one company has bought another is a valuable experience for both sides even if there are noticeable differences between the two, says Lamberto Tacoli.
For a product that has been a staple of East-West trade for more than 2,000 years, it has an elegant allure that never seems to show any signs of age.
It was as long ago as 1999 that the first moves were made for the development of western China. During this time much of the focus has centered on the south-west and the cities of Chongqing and Chengdu in particular.
|
|
|
|
|
|
|
|