A guideline for China's Internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum. The guideline seeks to "promote the healthy development ...
"I don't think we should pay too much attention to the fluctuation of the Chinese stock markets. It's not the most important part of the Chinese economy. What's more important is the fundamentals of the Chinese economic growth," renowned ...
China's iron ore demand is falling, but its share of imports from mining giants Australia and Brazil is rising, which is squeezing smaller miners and curbing their supply. China imported 453.1 million mt of iron ore in January-June, with ...
As Australian-based Chinese students and others are buying up whatever infant formula products are sitting on Australian retail shelves, China is currently considering introducing a registration system for first-time baby formula importers. ...
Tags: infant formula, milk powder
China collected 5.94 trillion yuan (969 billion U.S. dollars) in taxes in the first half of this year, up 6.3 percent year on year, new data showed on Monday. The growth pace was in line with the overall economic growth in the first six ...
Tags: Tax Revenue, China economy
Swiss food business Aryzta has acquired Irish-owned gourmet food products supplier La Rousse Foods. La Rousse Foods operates own butchery, cheese-maturing room and chocolate lab to cater to more than 1,300 corporate customers in Ireland. ...
Tags: food production, fresh food, seasonal food
The global semiconductor laser market will rise at a compound annual growth rate (CAGR) of 7.1% from $4.8bn in 2013 to $7.7bn by 2020, forecasts a report 'Semiconductor Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends ...
Tags: electronics, semiconductor, Laser diodes
Exports of cotton from India to China fell to 26 lakh bales in financial year 2014-15, showing a sharp fall of 56.72 per cent compared to 61 lakh bales exported in the previous financial year, according to the Indian Government. The lower ...
Tags: textile manufature, cotton, cotton export
Wal-Mart Stores, Inc. has announced that it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. Wang Lu, president and CEO of Walmart Global e-commerce in Asia, will lead ...
Asian Paints today announced its financial results for the first quarter ended June 30, 2015. "No significant improvement in demand conditions witnessed in the decorative coatings business in India in the Quarter. Lower raw material ...
US-based flexible packaging products maker Bemis Company has inked a pact for the acquisition of South American rigid plastic packaging business of Brazilian firm Emplal Participa. The transaction, contingent upon customary closing ...
Driven by strong volume growth and surge in domestic sales, revenues in the three months to June 30, 2015 at Indian home textiles major and BK Goenka led Welpsun India Ltd soared 18 per cent year on year. In the first quarter of fiscal ...
Tags: home textiles, textile
Fat Face, the UK lifestyle clothing brand, has implemented TXT Retail's merchandise and assortment planning solution to support its fast-growing retail enterprise. Nick Stevenson, head of merchandising at Fat Face said, “Our ...
Global automakers will manufacture fewer vehicles in China this year than they are able to because of slowing demand in the world's largest auto market, a reversal after years of rushing to build factories. The average level of capacity ...
Tags: auto market, passenger-vehicle
Microwave and semiconductor devices supplier M/A-COM Technology Solutions Holdings (MACOM) has inked a pact to divest its automotive business to safety systems firm Autoliv in a deal valued at $100m. MACOM's automotive operations ...
Tags: auto parts, auto accessories