Leading rating agency Moody's Investor Services Inc has affirmed it is confident that China's economy is well geared to withstand financial shocks, despite the nation's high debt levels.
The recent unprecedented cyberattack which hit computers globally highlights the importance of cybersecurity, especially for the growing number of smartphone users, security experts said on Wednesday.
CAIRO - The Belt and Road Initiative will "open up huge opportunities" for cooperation between Egypt and China in terms of mutual trade and investment, said a top Egyptian researcher.
JAKARTA - The surface of the sea was quiet and smooth at sunrise with boats in the water embracing a golden sunshine which glowed against the background of the dark coast, as masses of clouds floated over the mountains.
China has agreed a batch of energy deals worth $20 billion with economies participating in the Belt and Road Forum for International Cooperation, which ended in Beijing on Monday, according to the head of China National Petroleum Corp, the country's biggest oil and gas company.
China is stepping up research and development of the Tianhe-3 supercomputer, which aims to be 10 times faster than the current world leader, as it strives to meet the country's growing needs for more accurate and efficient computing capabilities.
Yum China Holdings Inc said it will acquire a controlling stake in food delivery company Daojia, to expand delivery services for its KFC and Pizza Hut chains in the country.
Georgia will see more Chinese investment in its power, financial services, railways and port construction sectors this year, said Dimitry Kumsishvili, the country's first deputy prime minister.
China Aerospace Science and Technology Corp and several other State-owned enterprises jointly set up a 150-billion-yuan ($21.8 billion) fund on Tuesday, to bolster China's new emerging industries, which will play a key role in the nation's upgrading efforts.
China's economy continued to fare well in April, bolstered by deepening supply-side structural reform that is fueling innovation and the new economy, the National Bureau of Statistics said on Monday.
The Russia-China Investment Fund, a private equity fund formed by the Russian Direct Investment Fund and China Investment Corp, will invest more than $500 million in 2017 in Russia and China in infrastructure, agriculture, technology and consumer sectors, according to its senior executives.
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Raymond Zhou
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