China's regional and local government bond market will be developed with its own characteristics, following neither the United States or Northeastern Asian models, according to Jenny Shi, managing director and country manager for China of rating agency Moody's Investors Service Inc.
Leaders of the World Bank and International Monetary Fund said on Thursday that their institutions are ready to cooperate with China and the Asian Infrastructure Investment Bank.
The United States should be a part of the China-led Asian Infrastructure Investment Bank and the attitude shown by the Obama administration in this regard till date has been regrettable, said Hank Paulson, the former Treasury secretary.
Japan and South Korea are proving to be the most popular destinations for Chinese tourists during the upcoming May Day holiday, according to local travel agencies.
When Mohammad Kolahi wanted to replace his French Peugeot sedan this year, the Teheran business consultant looked East instead of West.
China's securities regulator on Friday said it will expand the number of equities that investors can short sell to increase supplies on the nation's bourses amid the continued surge in stock prices.
Individual investors are not the only ones pouring cash into Chinese stocks after they surged faster than any other market worldwide.
The first mutual fund based in the Chinese mainland that has gained access to the Shanghai-Hong Kong Stock Connect program said that stocks in the city are still cheap, even after surging to seven-year highs.
Apple Inc, the world's biggest company by market value, is entering the overseas power-generation sector by working with a United States partner on the building of two photovoltaic solar power projects in Sichuan province in western China.
In an interview with Lionel Barber, editor of the Financial Times, on March 31, Premier Li Keqiang stressed that the Asian Infrastructure Investment Bank can work in parallel with the Asian Development Bank to promote development in the region. Li said the AIIB is not meant to reinvent the wheel.
In a recent meeting with officials from three northeastern provinces, Premier Li Keqiang once again criticized the low efficiency of some officials and vowed to put an accountability system in place.
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