PARIS, Nov 2 French waste and water group Suez is restructuring its businesses in China to put it in a better position to win market share, its chief executive said. Suez said on Wednesday it had merged its waste recycling and construction businesses in ... ( read original story ...)
China Unicom, Baidu Agree to Collaborate Amid Ownership Reform
China United Network Communications and Baidu Inc. agreed to collaborate on areas ranging from mobile internet to artificial intelligence amid government plans for ownership reform of state-owned enterprises. China United Network, the state-owned parent of ... ( read original story ...)
China's Central Bank Has New Tools to Cool Frothy Money Markets
While you wait for the next interest-rate increase in the world’s largest economy, policy has quietly tightened in the second-biggest: China. The People’s Bank of China has allowed a steady increase in money market rates in recent weeks to squeeze ... ( read original story ...)
China gives first glimpse of its J-20 stealth fighter jet, but how does it compare?
Two minutes later one blasted vertically into the sky and the jets were gone. Developing the sophistication of its aviation technology is a crucial part of China’s push to become a leading military power but there is a reason the country is so guarded ... ( read original story ...)
China Construction Bank gets Malaysian banking licence
PETALING JAYA: China Construction Bank Corp (CCB), ranked as the world’s second-largest bank, has been granted a Malaysian commercial bank licence by the Minister of Finance. Bank Negara said the banking giant’s unit, China Construction Bank (Malaysia ... ( read original story ...)
China's Geely, Volvo beef up strategy with new brand
It's part of Volvo Cars' efforts to step up competition with other luxury car brands both globally and within China, the world's No. 1 auto market, after it was bought by Zhejiang Geely Holdings in 2010. The new plant will produce Volvo's new 40 series ... ( read original story ...)
Why China's Latest 'Financial Innovation' Might Not Work
Behold, the latest in Chinese financial innovation. That's a statement published this week by the National Association of Financial Market Institutional Investors. It heralds the start of trading, in China, of credit-default swaps (CDS), or derivatives ... ( read original story ...)
Alibaba's Ant Financial Taps SE Asia's Multibillion-Dollar Mobile Payments Market
It said it would help Ascend grow online and offline payments and financial services business. However, a statement posted in June by China’s Ministry of Commerce said Ant Financial intended to buy a 20% stake in Ascend, with an option to increase its ... ( read original story ...)
China debt risks stoke internal debate over lowering 2017 growth goal
even as it has stepped carefully to avoid repeating the huge stimulus package implemented in the global financial crisis, which saddled the economy with a pile of debt. China's debt has soared to 250 percent of gross domestic product from 150 percent a ... ( read original story ...)
China hopes Germany's probes into Chinese acquisitions 'an exception'
BEIJING (Reuters) - China hopes Germany's recent security investigations into proposed acquisitions by Chinese companies are "an exception", a spokesman for the Ministry of Commerce said on Wednesday. Shen Danyang also said China hopes Germany can be calm ... ( read original story ...)