The new year has barely begun but already the international business news is once again dominated by Chinese companies' overseas investment and expansion plans.
The United Steelworkers union that represents employees at more than 200 US oil refineries, terminals, pipelines and chemical plants began a strike at nine sites in the biggest walkout since 1980.
Oil prices fell in Asia on Monday as dealers took profits from steep gains in volatile month-end trading last week, while a US refinery strike also weighed, analysts said.
Magda Szczukiewicz, who supports a family of three in Warsaw, said she hoped for the best when getting a Swiss franc-denominated mortgage in 2007. Her timing couldn't have been worse.
Germany's utilities, battered by the country's shift to wind turbines and solar panels, would be glad to sell you a power plant on the cheap. They'll even pack it up and ship it to another country.
The past few years have seen several malls come up in the suburbs of Nairobi, Kenya's capital, as Kenyans' love for shopping soars.
In October, the southern Chinese city of Changsha launched an industrial park. What sets it apart from other manufacturing centers is that it is poised to play a key role in the growth of Chinese technology.
Foreign banks in China remain optimistic about their prospects, Ernst & Young LLP said in a recent survey of 41 locally incorporated foreign banks.
Advent of credit cards and higher paychecks means younger generation happier to pay up and not haggle
In China, tourist spots often charge too much, with vendors taking the advantage of foreign tourists' lack of knowledge to charge visitors outrageous prices.
Weighing up all the factors at work, China's domestic economy will most likely be OK in 2015. There will be some areas, like Internet-based small enterprises, that will probably see great progress. But there will be a dark side. And that will be about the money.
The landmark Club Med transaction by Fosun International is probably the most famous China-Europe investment thus far in history.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
