Volvo Cars will build a $500 million plant - its first in the United States - in South Carolina and eventually employ up to 4,000 people there, the company announced on Monday.
Dubai is set to play an important role as the trade, transportation and financial hub for China in the Middle East and Africa as well as be a key partner for the "Belt and Road Initiative".
A Dubai-based developer is showing its confidence in trade and business ties between China and the United Arab Emirates by approximately tripling the size of a commercial hub in the Emirate.
It was only last year that GlaxoSmithKline Plc was fined the equivalent of $500 million in China for bribing officials to push its medicine sales.
With air traffic in China growing fast, the airspace is getting crowded and flights are facing many delays. It is a recurring inconvenience for passengers, airlines and the aviation authorities.
We live in an abnormal world of falling consumer prices. The phenomenon is so rare that the United States, for instance, saw year-on-year price declines only in one month (this January) in the past 50 years, if we leave out the depths of the financial crisis in 2009. Indeed, deflation fears have been increasing globally since last year, notably in Europe and Japan, and increasingly in China.
Successful management consulting firms generally operate under a partnership structure. Recently, partnership as an organizational arrangement has also become popular in China, as some corporations claimed to have adopted it and some others are considering it..
Australian Prime Minister Tony Abbott's first budget aimed to tackle a "debt and deficit disaster". His economic blueprint released on Tuesday will be as much about political survival as repairing Australia's finances.
German stocks, rejected by investors in April, are luring them back in May.
Local investors are exiting Indian debt funds at the fastest pace since September, a sign of more losses ahead for bonds that are the worst performers among the largest emerging markets this quarter.
The rains that drenched dry wheat fields in Kansas are dousing prospects that the grain will emerge from a bear market.
Paris is hoping that Chinese tourists, scared away from the City of Light by the dark doings of its criminals, will reassess their views and begin flocking back to it.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
