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Official of The Department of Outward Investment and Economic Cooperation of The Ministry of Commerce Comments on China’s Outward Investment and Economic Cooperation in The First Three Quarters
Nov 25, 2015In the first three quarters of 2015, China’s outward investment and cooperation witnessed a rapid development. Nonfinancial direct investment overseas reached US$ 87.3 billion, up 16.5% year on year; the newly signed foreign contract ...
Tags: outward investment, foreign contract projects, One Belt and One Road
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Chinese Investment Surges in Hospitality Industry
Jun 12, 2015Earlier this year, I blogged about the excitement in China generated by the news that its Dalian Wanda Group planned to invest $1.09 billion to build and operate a luxury hotel in London. At the time of their announcement (made in the ...
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Investment Flows From China to South Korea Surged 374% Last Year
Mar 17, 2015Investment flows from China to South Korea surged 374 percent last year to $631 million as Chinese companies moved to expand their presence and options in the global market. The figure was announced on Monday by the Mergermarket Group, a ...
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Peer-to-Peer Lending Is Facing Its First Serious Government Regulation
Mar 9, 2015Peer-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. ...
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New Qoros 3 Hatch Will Be Presented by Qoros
Feb 19, 2014Following its global debut almost exactly one year ago in Geneva, new international car brand, Qoros, presents the world premiere of its second series production car, the new Qoros 3 Hatch, at the 2014 Geneva International Motor Show. ...
Tags: Qoros, Auto Parts
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Ford Revealed Its First Autonomous Car, a Prototype Ford Mondeo Hybrid
Dec 17, 2013Ford has revealed its first autonomous car, a prototype Ford Mondeo hybrid, as part of an ongoing research and development program built around the car maker’s vision for future mass transportation. The automated Ford Mondeo (called ...
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Zurich Insurance Group Is Set to Dispose of Its Remaining 9.4% Stake
Nov 25, 2013Switzerland’s multi-line insurance provider Zurich Insurance Group is set to dispose of its remaining 9.4% stake in New China Life Insurance (NCI) for $943m (£584.7m), to diversify its Asian operations. Zurich plans to ...
Tags: Zurich Insurance, Life Insurance
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UK Life Group Resolution Is Negotiating with Prospective Buyers to Divest Lombard Division
Nov 25, 2013UK-based life insurance group Resolution is, reportedly, negotiating with prospective buyers to divest its Luxembourg-based Lombard division, which markets tax-efficient insurance products to high net-worth individuals. The business that ...
Tags: Life Group, Insurance Business
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11.3% Direct Stake Is Divested by ING in Sulamerica to Swiss Re
Nov 20, 2013Amsterdam-based financial services conglomerate ING has agreed to dispose of its 11.3% direct stake in Sul América, to Swiss Re Group, as part of its plans to further shrink its stake in the Brazilian insurer. As per the terms ...
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Free Life Insurance Quotes Service Is Launched by Sofi Insurance Services
Nov 19, 2013Sofi Insurance Services now offer free life insurance quotes. The return of premium life insurance allows for better financial planning. In the past, life insurance options were limited. Today, those who are planning for their futures and ...
Tags: Sofi Insurance, Life Insurance
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XL Group Is Teaming with ACIG to Provide Data to Drive Continuous Quality Improvement
Nov 15, 2013To help construction clients enhance the quality of their work, deliver projects on time and prevent costly mistakes, XL Group is teaming with American Contractor's Insurance Group (ACIG), a thought leader in quality management, to provide ...
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Denmark-Based SIAI Goes Live with Flexsure Providing a Solid Platform for Future Growth
Nov 11, 2013Denmark-based Sirius International Aviation Insurance (SIAI) goes live with FlexSure providing a solid platform for future growth with Solvency II compliance SIAI is a branch of Sirius International, Stockholm which itself is a part of ...
Tags: Insurance, Sirius International
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Two Insurance Brokerages Is Getted by Confie Seguros
Nov 7, 2013Confie Seguros, a rapidly growing national provider of personal lines insurance, announced the acquisition of two additional insurance brokerages: DeFranco Insurance Agency, Inc. of Niagara Falls, NY and Insurance Group of American, Inc. ...
Tags: Insurance Brokerages, Service
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Howden Broking Group Has Acquired Tel Aviv-Based Insurance Broker Bar-Ziv Ravid Insurance
Nov 7, 2013UK-based insurance services provider Howden Broking Group has acquired Tel Aviv-based insurance broker Bar-Ziv Ravid Insurance Group for an undisclosed amount to expand its operations in Israel. Founded in 1976, Bar-Ziv Ravid Insurance ...
Tags: insurance, Howden Broking Group
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AMP Asset Management Will Start Operation From November 6
Nov 5, 2013Vice president of China Life Insurance (Group) Company revealed that first insurer-controlled fund company China Life AMP Asset Management will start operation from November 6. China Life AMP Asset Management is sponsored and established ...