Taiwan consumers have continued to show lower expectations about future income and investment as well as general economic situation for the eighth-consecutive month in December, said a survey publicized Monday. The consumer confidence ...
Tags: Consumer Confidence, Keep Lowering
The Party chief and president of China Telecom is being investigated for possible "serious violations of discipline", the euphemism for graft, the top anti-corruption authority said yesterday. The Communist Party of China Central ...
Tags: China Telecom, Graft Probe
China has provided more than 140 billion yuan (21.6 billion U.S.dollars) to low-income residents over the past 11 months, according to the Ministry of Civil Affairs (MCA) on Monday. China has some 66.5 million people, five percent of its ...
It's been about half a year since the idea of Internet Plus Strategy was raised by Chinese Premier Li Keqiang. The strategy is an action plan to integrate the mobile Internet, cloud computing, big data and the Internet of Things with modern ...
China is set to become the global leader in renewable technology, aiding the rise of a moderately prosperous society following the significant reforms implemented in the five-year plans. Frederic Neumann, co-head of Asian Economic ...
The World Robot Conference 2015 is set to close in Beijing on this Wednesday. During the three-day expo, China has been encouraging overseas robotics companies to share technologies with China-based vendors. Meantime, China is ...
Tags: Robot Industry
Profit declines for China's state-owned enterprises (SOEs) continued but narrowed in November, the Ministry of Finance (MOF) said Friday. China's non-financial SOEs raked in 2 trillion yuan (309.1 billion U.S. dollars) in profits from ...
Tags: State Companies, Profitability
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
U.S.-based General Electric has won a contract to supply turbines to the Wudongde hydropower plant located in southwest China. The company will provide six turbine-generator sets and related equipment, accounting for half of the project's ...
Tags: GE, China Hydropower
Chinese commercial bank must verify the identify of clients when they open personal bank accounts to make sure they are using their real names, a circular showed Friday. The People's Bank of China (PBOC), the central bank, released the ...
Tags: Banks, Real-name Accounts
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that affiliates of GaAs Labs LLC has raised its offer to acquire the firm from $0.35 per share in cash (announced on 11 November) to $0.48 ...
US based auto parts maker LKQ has entered into an agreement to acquire Rhiag-Inter Auto Parts for €1.04bn to expand its presence in European market. Rhiag-Inter Auto Parts is pan-European business-to-business distributor of ...
Tags: LKQ, Rhiag-Inter Auto Parts, Auto
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
China's online retail volume is expected to outperform the rest of the world by reaching four trillion yuan (618 billion U.S.dollars) this year, Commerce Minister Gao Hucheng said Sunday. China has attained key targets outlined by the ...
Tags: Online Retail, Volume