Shares of Apple Inc's suppliers fell on Monday after the Taiwan-based Economic Daily News reported that the tech behemoth has cut its sales forecast for the iPhone X due to sluggish sales in the Chinese mainland, the world's largest smartphone market.
State-owned China National Cereals, Oils and Foodstuffs Corp, also known as COFCO, has set a goal of becoming the largest food trader in the world by 2020 to rival global giants, according to its top executive.
China's imports of liquefied natural gas surged sharply in November as the nation experienced fuel shortages amid peak winter demand and the government's drive to cut coal use.
GUANGZHOU - As China waves goodbye to its phase of rapid growth to embrace high-quality development, Chinese producers are aiming to break new technological frontiers in the pursuit of quality.
BEIJING - Over the past 10 years, a Chinese development fund has invested billions of dollars in Africa. Chi Jianxin, chairman of the China-Africa Development Fund (CADF), told Xinhua in an interview that the fund has $4.5 billion to invest in 91 projects in 36 countries, with more than $3.2 billion having already been invested.
This Christmas, it appears as though Santa Claus has unfolded a big bagful of FDI, or foreign direct investment, in China.
Anheuser-Busch InBev, the world's largest brewer by production volume, plans to expand plant capacities in China next year to drive growth.
Asked about their China investment plans, foreign executives' typical response can be summarized as "We are in China, for China".
If Alibaba proved to be a digital bridge that connected Chinese manufacturers to corporate clients or wholesale merchants the world over, DHgate.com has gone a step further and is delivering both business and individual customers across the world - 14 million of them, no less - to 1.7 million Chinese sellers.
Led by supply-side structural reform and booming size of the middle class, China is confident of its services' ability to attract foreign direct investment or FDI.
For Tim Blackburn, 47, CEO of Swire Properties' Chinese mainland arm, development or regeneration of high-quality properties over the long term, with emphasis on aesthetics and adding value to the local community, is a philosophy close to his heart.
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