Experts believe that China's service industry will keep up high growth levels in the next few years. Liu Yuanchun, a dean at Renmin University of China, predicts an 8-percent growth rate for the sector. "There is no problem for China to ...
Wanda Group will build a shopping complex in downtown Urumqi, capital of west China's Xinjiang Uygur Autonomous Region, it announced on Friday. The shopping complex, with an investment of 3.5 billion yuan (540 million U.S. dollars), will ...
Tags: Wanda, Shopping Complex
Myanmar Brewery Limited (MBL), the producer of Myanmar beer, is revamping its brand image and products in order to enhance its appeal with the country’s consumers as global giants such as Heineken and Carlsberg stiffen the competition ...
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
Perry Ellis International Inc., which distributes several golf brands and makes Nike swimwear, appointed Joe Arriola to its board. Arriola is a former member of the Perry Ellis Board, having served as a director from 2006 until 2015. ...
Tags: Perry Ellis International Inc, golf brands, Sporting Goods
Coatings and chemicals producer AkzoNobel has commissioned a new production facility for packaging inks in Songjiang, China. The new facility, located at the firm's biggest site used for developing packaging coatings worldwide, will ...
Tags: AkzoNobel, packaging inks, Packaging
Over 50 World Trade Organization (WTO) members have reached agreement on phasing out tariffs on imports of 201 information technology products. The deal was announced at a WTO ministerial conference in the Kenyan capital of Nairobi. The ...
Tags: IT Product, Tariff Cuts, printers, cartridges
Bulbrite releases flame- style chandelier LED bulb for vintage look. (Bulbbrite/LEDinside) Bulbrite innovation combines vintage lighting with the benefits of LEDs resulting in the expansion of its LED Filament Series. Announced at the ...
Tags: Bulbrite, LED Filament Bulb, colored bulbs
A wild Siberian tiger is caught by camera in northeast China's Jilin Province on Dec. 10, 2015. [Photo: Xinhua] Traces of wild Siberian tigers have been spotted in forest farms in northeast China's Jilin Province, marking the expansion of ...
Tags: Wild Siberian Tigers, Jilin
Shell Chemical is exploring a project to expand its olefins plant in Deer Park, Texas, and increase its ethylene production, the company said Wednesday. "Shell is evaluating a proposed expansion of ethylene production at the existing ...
The Shanghai Cooperation Organization (SCO) concluded its prime ministers' meeting in central Chinese city of Zhengzhou by promising to boost regional economic cooperation. Chinese Premier Li Keqiang and leaders from other SCO members, ...
Tags: SCO, regional economic cooperation, Silk Road Economic Belt
Chinese President Xi Jinping has called for Internet access to be expanded worldwide and for more international cooperation to manage content and ensure legality online. "More nations and people should be given the chance to ride the fast ...
Tags: Internet, Int'l Cooperation, Cyberspace
A screen shot of Rakuten online store. [Photo: global.rakuten.com] Rakuten, Japan's e-commerce market leader, and JD.com, China's leading direct online sales company, on Wednesday announced the signing of an agreement to establish a ...
Tags: online store, Rakuten, e-commerce
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy