Though the draft of the proposed new Foreign Investment Law aims to significantly reduce the barriers for foreign investment in China, foreign companies are still apprehensive about the provisions relating to mergers and acquisitions, said a report released on Tuesday by global consulting firm, the Boston Consulting Group.
China has agreed to import all varieties of apples from the United States, the US Department of Agriculture said on Monday.
The combined brand value of Chinese enterprises rose significantly last year with growth being driven by market-driven brands or private companies without government backing, rather than State-owned enterprises, said a survey.
The slowing growth in handset sales is unlikely to diminish overall buoyancy in the market this year, as local players, big and small, square up for what could be a battle royal, after effectively defeating the previously dominant overseas giants on the home front.
Chinese smartphone makers are still having to work hard at growing brand awareness in Southeast Asia, despite the huge strides having been made by the country's top producers elsewhere in the world.
Personal computer maker Lenovo Group Ltd has an ambitious plan to beat Apple Inc in the smartphone market.
Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.
When an 18-meter tsunami demolished his soy sauce factories in 2011 and killed an employee, Michihiro Kono despaired about the future of the company his family founded two centuries ago.
Russian stocks tumbled the most in six weeks in US trading, led by OAO Sberbank, after Standard & Poor's lowered the country's credit rating to junk.
Solid economic growth will help the US budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released on Monday.
Biggest two-day loss for currency since the onset of global financial crisis
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
