The rapid development of sharing economy in China brings big opportunities for the insurance industry, according to experts.
Insurance joint ventures in China are gathering steam, morphing into important industry players as their market shares and total assets increase, experts said.
With Mid-Autumn Festival approaching, gourmets are rushing to purchase custard mooncakes.
As Chinese consumers are acquiring a taste for single malt Scotch whisky, more brands are entering the growing market.
GENEVA - Swallow deeply, pinch the nose and repeat the mantra: "Tastes like beef, tastes likes beef." Then bite into the burger of rice, chopped vegetables, spices and mealworm larvae.
Two-year old Harbour Apartments, a network of co-living spaces for young tenants in China's first-tier cities, has successfully raised 400 million yuan ($60.9 million) in its A-round funding, becoming one of the first long-term rental projects to win favor on the market.
LONDON - Eight of London's fastest-growing tech companies are in China this week in a drive to forge stronger trade links, win new business opportunities and show that London is open for business, London & Partners, the mayor of London's official promotional agency, said on Tuesday. The eight entrepreneurs are visiting Shanghai, Shenzhen and Hong Kong as part of an international trade mission organized by the mayor of London's International Business Program.
Components for the new hybrid London black cab, designed by Chinese automaker Geely, will be manufactured at a factory in the United Kingdom.
NEW YORK - Artificial intelligence, along with other financial technology (fintech) innovations, are significantly changing the ways that financial business are being run, especially in the fields like trading, insurance and risk management, leading the traditional financial industry into a new era.
As New York remains on track to knock Hong Kong off its pedestal to become the world's biggest listing venue this year, the Asian financial hub is wrestling with Shanghai for the second place in the league tables.
Shanghai has moved up to the sixth place in the 22nd Global Financial Centres Index, moving from the 13th place in the previous ranking. This is the first time Shanghai has joined the world's top 10 since the inception of the index in 2007.
German testing and certification company TuV Rheinland plans to invest 100 million yuan ($15.2 million) in the coming two years to expand its facilities to test large batteries in China in response to the phenomenal growth in the electric vehicle battery industry.
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