China's $40 billion Silk Road Fund will be operated under a market-oriented approach and the projects it plans to invest in will not be limited to countries along the "One Belt, One Road" route, the fund's chairperson said on Thursday. ...
As China's financial environment has deteriorated, the performance of its financial leasing industry has been mixed. Financial leasing companies associated with banks have continued to receive adequate liquidity, especially because banks ...
Tags: Bank, Financial Leasing Industry
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
US-based brewery Revolution Brewing is planning to expand its production facility in Chicago, a move that will triple the brewery's production capacity. The expansion will see the installation of a new 120-barrel brewhouse, several ...
American Express, which in recent years has been reining in costs to counter sluggish revenue growth, said expenses rose 3.5 percent to $3.60 billion in the fourth quarter, driven mainly by marketing costs and salaries. American Express Co ...
A guideline has been issued by The China Banking Regulatory Commission to encourage greater allocation of bank loans to companies and industries involving in environmental protection, and energy-efficiency projects. The future projects that ...
Posted in Medical Device Business by Chris Newmarker on January 12, 2015 The Irish High Court has agreed to hold a hearing January 26 to decide on the proposed $48 billion merger between Medtronic and Covidien, according to a Monday ...
Tags: Medical Device Business, U.S.tax, Health
GD Development, a PV EPC (engineering, procurement, construction) contractor established by Taiwan-based solar cell maker Gintech Energy, has announced the completion of a rooftop PV system at Kaohsiung International Airport and another at ...
A comprehensive strategy aimed at the textile and clothing industry, allowing secure employment for more than 450,000 families belonging to the sector, and to promote competitiveness of enterprises, as well as to create legal and equitable ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
Magnolia Brewing has expanded to a second restaurant and large new production brewery in the Dogpatch. The brewery's rapid growth and expansion required $150,000 in growth funding to ensure they met their 2015 goals. Magnolia chose to ...
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
China's Ministry of Industry and Information Technology (MIIT) has spelt out new guideline for improving China's PV industry, looking to have leading makers merge with small ones, or form strategic alliances in 2015-2017. MIIT hopes the ...
Tags: PV Industry, domestic market, Lights