China Cinda Asset Management Co, one of four State-owned managers of soured loans, increased its distressed-asset holdings 80 percent last year and expects buying opportunities to expand as the nation's economy slows.
Fund outflows could undermine the economy if China liberalizes its capital account too rapidly, a senior economist has warned.
At last week's China Development Forum, there was a consensus among international business leaders that a Chinese economy in its "new normal" of slower but more sustainable growth, driven by innovation and higher value-added activity, would be crucial in maintaining a healthy global economy.
As the Chinese increase investment in the United States, they are discovering the US legal system, which in turn is being schooled about an ancient culture and people. The result is a steep learning curve for both sides, according to legal observers.
London's strategy to become the world's first city to create an ultra-low emission zone is a valuable idea for Beijing to consider.
Investors are bailing out of commodity funds at the fastest pace on record, and the exodus shows no signs of ending.
The US economy's tepid performance last quarter - a 2.2 percent annual growth rate - was typical of the economic rebound that began in the summer of 2009. Yet the sluggish pace of the recovery has a silver lining: This growth spurt has proved to be one of the most durable since World War II.
Honda Motor Co will soon learn whether giving a designer with no engineering experience five years to develop a sports car is pure genius or plain madness.
Time was, Sherman McCoy could stride into Pierce &Pierce to bray for money on the bond markets with other "Masters of the Universe".
Strategic investor says benefits of landmark initiatives would be felt throughout the globe
For Zhu Huarong, competition in China's car industry is akin to war, and in one of its battles domestic automakers are fighting for market share overseas.
Despite the continued downturn in the Chinese economy, there appears no let-up in the Chinese public's insatiable appetite for branded products and services.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
