The Asian Development Bank is planning to invest in 31 projects in China from 2018 to 2020 for a total value of $6.17 billion, with about $2 billion planned for 2018, according to its newly proposed sovereign lending program.
The ADB will support the following major areas of investments in China:
Beijing-headquartered conglomerate China Poly Group Corp said it will continuously promote its business in both developing and developed countries, further expanding its reach abroad.
Although brick-and-mortar retailers have felt the impact of robust online buying in recent years, the in-store shopping experience remains dominant in the retail sector, and online and offline retailing can coexist and cooperate, according to the managing director of HKR International Ltd.
After two consecutive years in the top spot, Hong Kong is poised to lose its much-coveted title as the world's leading venue for initial public offerings (IPOs) this year, following a drop in the number of blockbuster listings.
RABAT - Morocco's recent signing of an agreement with China's BYD, a leading electric vehicle maker, is set to boost its ambitious automobile manufacturing industry.
MANILA - State-run China Telecom Corp could become the third telecoms player in the Philippines, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost local services.
BEIJING - Tariff cuts on a wide range of consumer goods will give a boost to foreign brands in the Chinese market, and in the long run, should benefit domestic producers.
The automobile body materials subsidiary of Royal DSM, the Dutch life and material sciences company, has found novel ways to enhance mileage and quality of battery-powered vehicles in China.
China is making rapid progress in green buildings and appears set to cement its place among the world's top markets for cost-effective and environment-friendly structures, according to an industry report.
Last week's cuts to US personal income tax and corporate tax rates will likely benefit certain Chinese manufacturers listed in the A-share market in the long run, while potentially hurting capital-intensive sectors like high-tech and new technologies, analysts said.
China will continue to be one of the key investment destinations next year given its stabilizing economic growth and the structural transition toward a consumption- and service-driven economy, which are expected to generate high returns, international asset managers said.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
