The sharp correction in China's equities market will bring greater pressure on the capitalization and profitability of Chinese insurance companies which have high equity exposure, global credit ratings agency Moody's Investors Service Inc said on Monday.
A leading Chinese construction equipment company is switching its focus to the farming industry by rolling out tractors instead of cement mixers as the property sector slows.
The development of the farming sector has been high on the agenda of the Angolan government for the past few years as it diversifies its oil-dependent economy.
Macao's casinos and gambling trip organizers are fuming over a proposed smoking ban there, while Singapore's puffing gamblers show why.
Victor X. Liu could be the new face of China's manufacturing. The 42-year-old, who has a doctorate in power electronics from Virginia Tech in Blacksburg, Virginia, in the United States is far removed from the entrepreneurs who used to turn out plastic toys and other inexpensive products on China's southern and eastern coasts as the country became the workshop of the world.
Investment strategy will be 'aggressive and decisive', says head of Fosun fund
Adventurer's trek takes in 13 provinces and autonomous regions and 28 cities in 45 days
Put that car in the garage and jump on the back of a motorcycle. We're going for a ride. Yang Feiyue reports on a new jet set.
Carlsberg's chief wants Chinese businesses to learn from its heritage
Companies with a corporate culture that degrades employees, pits them against each other and encourages workers to toil more for less money may flourish in the short term, but the results are unlikely to last for long, management experts warned.
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Raymond Zhou
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Chen Weihua
