China will create more schemes offering Renminbi (RMB) convertibility in free trade zones in 2016, an official with the State Administration of Foreign Exchange (SAFE) has said. Guo Song said authorities will make the moves, designed to ...
Tags: Capital Market, SDR basket
House prices in the UK will see an average increase of 6% over the course of next year, according to the RICS housing forecast for 2016. With house prices predicted to rise across the whole of the UK in 2016, East Anglia is continuing the ...
Tags: UK House Prices
Victorian-based dairy processing giant Murray Goulburn dairy co-operative will be replacing Bega Cheese as Coles’ private label cheese supplier from January 2017. Bega Cheese has been providing cheese sold under Coles private label ...
Tags: dairy processing, Cheese
LightCounting has released a report 'Market Opportunity for Optical Integration Technologies, Including Silicon Photonics' giving an analysis of the potential impact of integration technologies on the market for optical transceiver module ...
On the 30th December 2015, GRENERGY formalized the sale of its two last solar photovoltaic plants in Spain, both producing under decree 9/2013 of July 12 which establishes the new remuneration system for renewable energy replacing decrees ...
Tags: PV Projects, Sloar Cell
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
On January 6, 2016, “MEI Awards” World-Wide Product Launch in Las Vegas, with its distinctive Chinese style, unveiled gorgeously at the International Consumer Electronics Show (CES 2016) . Various award-winning products were ...
Tags: News&Press Release
It's being reported the Chinese government is setting up a 30-billion-yuan fund to help eliminate industrial overcapacity and reconstruct so-called "zombie companies". The money is going to compensate the employees of the "zombie ...
Tags: Special Fund, Zombie Companies
The International Monetary Fund (IMF) on Tuesday raised alarm of Djibouti's continuing public debt and budgetary deficit. "Expenses relating to public investments have exerted considerable pressure on the budget and external debt," IMF ...
Tags: IMF, Public Debt, Budgetary Deficit
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
China and Finland have set up a fund that will pool money from Chinese and Finnish enterprises to invest in innovative startups and joint tech projects. The 40-million-euro fund, agreed at a forum in Beijing technology hub Zhongguancun on ...
Tags: Tech Fund
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
China has announced it's setting up a new Strategic Emerging Industry Board to attract domestic innovators to seek funding in Chinese exchanges instead of going abroad. Fang Haixing, a deputy chairman of the China Securities Regulatory ...
Tags: New Board
The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth