This should be the beginning of a busy year for Wang Guiguo. This year he wants his idea of building a modern legal structure for China's new-age Silk Road initiatives to come to pass.
The Chinese economy is on the threshold of a new era of consumption-led growth that will be driven by increased foreign direct investment or FDI in strategic sectors, according to business leaders and industry experts.
Home Credit Consumer Finance Co, the Czech Republic-based international consumer finance provider, will expand and add two call centers in China with more than 10,000 employees as the country is seeing a boom in consumption upgrading, said a senior executive.
China's diminishing forex reserve, now below the closely watched $3 trillion mark, has triggered market concerns, but two advisors to the nation's central bank believe that such worries are overblown.
A year ago, Ningbo Joyson Electronic Corp would have been an unlikely name on a shortlist of candidates to rescue Takata Corp, the Japanese air-bag maker that's behind the biggest safety recall in automotive history.
Whether or not foreign investors will continue to bet on China as its economic growth slows will likely become clear in a 160,000-square meter new plant in Jiaxing, Zhejiang province, Southeast China.
Nisa Leung was pregnant with her first child in 2012, her doctor in Hong Kong offered her a choice. She could take a prenatal test that would require inserting a needle into her uterus, or pay $130 more for an exam that would draw a little blood from her arm.
Even with a track record of setting up nearly 600 restaurants per year in China, and managing around 7,500 KFC, Pizza Hut, Little Sheep and East Dawning stores in the country, Micky Pant, chief executive officer of Yum China Holdings Inc, remains cautiously optimistic about the comeback of Taco Bell, the Mexican-themed chain under the fast-food giant.
Jimmy Butler drained two free throws with less than a second left on the clock to lift the Chicago Bulls to a 104-103 victory over the Boston Celtics on Thursday night.
Pulse-pounding electric motor racing will light up the Puerto Madero circuit for a third straight year in the FIA Formula E Championship's Buenos Aires ePrix on Saturday.
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