ABB Ltd, the Swiss multinational operating mainly in robotics and the power and automation-technology sectors, said it is planning a rapid expansion in China, following strong growth of the country's robotics market.
Chinese demand for Australian property, which has helped propel the price of an average Sydney house to about A$1 million ($720,000), is waning as an economic slowdown at home dents confidence, according to Credit Suisse Group AG.
China's banking regulator said on Wednesday that it was willing to consider more targeted and dynamic provision regulations for lenders, amid growing concerns that rising bad loans are eroding the sector's profitability.
Experts say the successful development of the C919 airliner - China's first domestically built large passenger aircraft - could spark the creation of a nationwide aviation industry.
Growth slowdown, poor power consumption and lower increase in profits seen as key reasons
Europe's biggest lender HSBC Holdings Plc has agreed to establish a majority-owned securities joint venture in China, taking advantage of the country's rules that favor Hong Kong-established banks over foreign peers in the world's second-biggest economy.
ICBC Financial Leasing Co, China's biggest financial leasing company, is to start promoting sales of the domestically built C919 airliner - the narrow-body aircraft being produced by Commercial Aircraft Corporation of China Ltd.
Domestic stocks fell for a second day after official data showed manufacturing contracted for a third month and the authorities detained a top-performing hedge-fund manager in widening probes into market manipulation and insider trading.
Crucial developments are in the pipeline as more environmentally friendly vehicles hit the streets. Below are the four key areas which could revolutionize the industry:
Investors, especially smaller ones, can be confident of being able to trade in a better environment
Listed Chinese iron and steel companies reported wide-ranging losses in the first three quarters against the backdrop of sluggish demand and renminbi depreciation.
Technology will pave the way for surge in sales as companies invest in new line of eco-friendly models
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
