The Asia-Pacific Exchange, set up by a consortium of Chinese companies, has received final consent from the Monetary Authority of Singapore, making it the first Chinese-backed derivatives exchange to be launched in an overseas market.
After a warming up of relations with China in 2017, the Trump administration has again triggered concerns about a possible trade war between the world's two largest economies.
China National Machinery Industry Corp, also known as Sinomach, will expand its business in economies related to the Belt and Road Initiative in partnership with privately run companies this year, said a top executive.
HANGZHOU - It is rare to see farmers playing pianos, but even more rare that in a small town in Zhejiang province, farmers can earn a fortune making pianos. Luoshe, a town with a population of less than 20,000, has more than 60 piano factories, and over 50,000 pianos were produced there last year.
KUANTAN - Mohd Shukri bin Arifin, 40, who is responsible for the last working procedure on the metalworking production line of Alliance Steel, has little idea what the wire rods or the metal bars are used for. But he knows he is working for the biggest iron works in Malaysia, and perhaps one of the most advanced in Southeast Asia.
China's top legislature has extended the deadline for the government to launch registration-based initial public offerings for another two years, a move reflecting a gradual and cautious approach of the country's IPO reform, analysts said on Monday.
Shanghai-based outbound conglomerate Fosun International Ltd has maintained momentum in the Chinese New Year with its purchase of a controlling stake in French fashion house Jeanne Lanvin SAS.
The C919, China's first home-built large passenger plane, gained another 30 orders on Monday from China Huarong Financial Leasing Co Ltd, the subsidiary of China's largest financial asset management firm, lifting its total orders to 815.
Dell EMC, the merged entity of former Dell Inc and EMC, made its debut in China by unveiling its latest-generation storage products covering emerging areas like flash, converged and hyper-converged infrastructure and data protection.
China will probably receive $14 billion of capital within the next three years, being the top recipient of real estate private equity capital in Asia Pacific, research from international real estate service provider CBRE showed.
Professional networking website and app LinkedIn has said China has millions of millennial "decision-makers".
BEIJING - China will launch crude oil futures on March 26, as the world's second-largest economy moves to gain pricing power over commodities.
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