Anheuser-Busch InBev SA/NV, the world's biggest brewer, plans to introduce more healthier products in China, said its head for Asia-Pacific on Friday.
Small and medium-sized companies in the United Kingdom are increasingly looking to China for growth amid uncertainties over the UK's decision to leave the European Union, according to a new survey.
GENEVA - Chinese companies are supporting young and talented, science-oriented entrepreneurs not only by investing in local entrepreneurship-promoted programs but lately also by bringing their expertise to global markets, Swiss experts have said.
ZhongAn Online Property and Casualty Insurance Co Ltd, the mainland's first internet-only insurer, opened its retail book on Monday for a Hong Kong initial public offering primed to raise up to HK$11.9 billion. ($1.52 billion)
Shanghai-based Fosun Pharmaceutical Group will downsize its planned acquisition stake in the Indian generic drugmaker Gland Pharma to 74 percent from the previously announced 86 percent, according to a Fosun Pharmaceutical announcement released on Monday.
China is beefing up efforts to promote mass entrepreneurship and innovation, which is a new growth engine for its economic and social development.
BEIJING - China's inflation accelerated faster than expected in August, but remained mild overall, leaving policymakers room for containing financial leverage and risks.
BEIJING - The Chinese government has stepped up a crackdown on State-owned enterprises debt to prevent systemic financial risks infecting the broader economy. A recent State Council meeting agreed the work would be a priority in the ongoing campaign to bring down debt levels of SOEs administered by the central government, amid improving corporate performance.
BEIJING - A senior central bank official has stressed the need for increased efforts to combat money laundering. Yin Yong, vice-governor of the People's Bank of China, said authorities should fight money laundering as an important task in "preventing and controlling financial risks and safeguarding financial system security."
Life insurance products should be more diverse to enhance risk control, said a senior insurance regulatory official.
China will open up its futures markets to the world, particularly foreign investors, to help the markets align with the national strategies for boosting the real economy, said a senior official from the country's top capital market regulator.
BEIJING - China's ban earlier this month on Initial Coin Offerings or ICOs, a digital coin fundraising scheme, was only part of a broader campaign to curb the country's financial risks.
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Raymond Zhou
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