Cross-border loan services to help lower finance costs for more domestic, overseas companies
The industry is now worth $1.4 billion as the online reading craze tempts the big Internet players to move into the sector
GDP figures for the second quarter show that deflationary pressure is starting to ease.
Manufacturers that pursue a high-tech approach will thrive in China, despite the economic slowdown. The sector still has a great deal going for it and will remain the backbone of the country's economy, according to Jim Davis, executive vice-president and chief marketing officer of SAS Institute Inc, a leading business analytic software and services company in the United States.
London is developing a growing reputation as a yuan trading center. It is hardly surprising then that Chinese companies will eventually launch more initial public offerings on the London Stock Exchange.
Amway Corp is eyeing a major push in China's online retail sector, as the world's largest direct selling company in terms of sales looks for options to counter flagging revenues and attract more younger customers in the country.
Tujia.com has raised $300 million at a valuation of more than $1 billion, as the Chinese vacation rentals site, often compared with Airbnb Inc, pursues financing to bankroll a global expansion.
China plans to tighten regulatory controls on the country's nearly 300 online payment firms, including Alibaba Group Holding Ltd's finance affiliate.
PetroChina Co has about 11 billion barrels of oil reserves, half a million employees and sales that exceed the annual economic output of South Africa.
Sinopec Group, the second-largest energy company in China, plans to cut costs by recalling 40 percent of its overseas staff in the wake of plunging oil prices.
China is in a currency quandary. How will it promote the yuan in global trade while at the same time use it to stabilize stock market volatility?
Many people have tried to come up with an explanation for the capricious and near-mystical fluctuations in the Chinese stock market in recent weeks. But most of them seem to have missed the point.
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