China's central bank has clarified details for conducting cross-border renminbi business in the China (Shanghai) Pilot Free Trade Zone.
Businesses in China are banking on a billion-dollar baby boom in the wake of the nation's newly relaxed family planning rules, with private sector operators from industries including healthcare and infant nutrition already increasing capacity for a surge in demand.
Chengdu, the laidback home of the equally laidback giant panda, is reaching out to the world, and the world is taking notice.
"As the government's structure and policies stabilize, outbound M&A activity should increase this year."
Technology
Thirty years ago, Liu Daiwen helped build roads, railways and bridges around China. Now he builds infrastructure in Africa.
American greenback or Chinese yuan? Zimbabweans are now being given more options as to which money they prefer to put in their pockets.
Chinese telecommunication firm ZTE says it plans to tap into Kenya's fast-growing telecom sector.
For more than 50 years the ticking of watches has dictated the rhythm of Kurt Claus's life; many times over the past 10 years that incessant beat has taken him to China, where he has been on a mission to promote his company's fine wares.
The number of non-cash financial transactions in China that went through the banking system and that were paid by mobile devices tripled last year compared with the year before, a central bank report says. Such payments accounted for 3 percent of all non-cash transactions, it says.
Alibaba recently announced that two of its wholly owned US subsidiaries will soon launch a new e-commerce site in the US, further signs of its ambitious international expansion plans.
China's second-largest vehicle producer, Dongfeng Motor Corp, has bought a 14.1 percent stake in French automaker PSA Peugeot Citroen for 800 million euros, the largest foreign acquisition by a Chinese state-owned auto company.
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