Wilmar International announced that its wholly-owned subsidiary, Yihai Kerry Investments has entered into two conditional joint venture agreements (JVAs) with Singapore Food Industries (SFI) today to supply certain safe and high quality ...
Tags: Wilmar, China Market
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
China's foreign exchange reserves dropped by 99.47 billion U.S. dollars from December to 3.23 trillion U.S. dollars at the end of January, the central bank said Sunday. The decrease was milder than a month-on-month decline of 107.9 ...
Tags: Forex Reserves, foreign exchange
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
Coca-Cola and Pepsi Co. have revealed some of their respective plans for global market dominance in 2016. Coca-Cola has kicked off 2016 with a new global marketing campaign called "Taste that Feeling". It is the beverage giant's first ...
Tags: Soft Drink, Coca-Cola, Pepsi
Omnitracs, a global pioneer of fleet management solutions to transportation and logistics companies, announced the introduction of Intelligent Vehicle Gateway (IVG) – brand new, cutting edge technology designed to spearhead the next ...
According to Digitimes Research, there were several developments that occurred in the smart home family segment throughout the end of 2015 into early 2016. Samsung Electronics announced that its entire 2016 Smart TV line-up will be Internet ...
China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
China continued to see a deficit in foreign service trade in November but the volume has narrowed, data from the State Administration of Foreign Exchange (SAFE) showed on Wednesday. The deficit came in at 15.6 billion U.S. dollars, ...
Tags: Trade Deficit
November 7th saw an historic meeting between leaders from the Chinese mainland and Taiwan. Since then, the two sides have already begun to implement agreements reached at that meeting. At the same time, the mainland has re-iterated the ...
Tags: One-China Principle
It's been revealed Chinese property developer Vanke may be poised to try to issue new shares as part of an acquisition. In a filing to the Hong Kong's stock exchange, Vanke says it’s considering acquiring a company in a share and ...
Tags: Vanke, New Shares
China on Wednesday lowered its current account surplus for the third quarter and revised its estimate for the capital and financial account from a deficit to a surplus. The third-quarter surplus under the current account was cut to 60.3 ...
China's outstanding foreign debt settled at 1.53 trillion U.S. dollars by the end of September, data from the country's forex regulator showed on Wednesday. Most of the debt owed to foreign creditors resulted from short-term borrowing, as ...
Tags: External Debt
In the Chinese government's ongoing fight to try to clean up this country's air, a new focus is being being put on small-scale companies in an effort to get them onboard with reducing emissions. Over the past few years, the central ...
Tags: Local Enterprises, Green
Chinese tech companies are making good on President Xi Jinping's promise that China will provide investment and technical support to expand Internet access in developing countries. They are busy advertising international projects and ...
Tags: China's Race