As China grows its trade and investment links with Africa, the 110-year-old Attijariwafa Bank of Morocco has its eyes on opportunities in offering trade and investment finance services and in sending remittances.
When it was announced four years ago that the Chinese carmaker Geely was buying the Swedish carmaker Volvo, the company drew plaudits worldwide for the daring and astuteness of its move.
Executive Board Members
Many people complain about how difficult it is to please their boss. Spare a thought then for Cheng Hong, who has 46 of them, all highfliers who demand a lot of themselves and of others.
"Many Chinese steel companies face operational difficulties and obstacles to upgrading while many problems in the industry are closely related to overcapacity."
Technology
When He Hongshun arrived in Zimbabwe four years ago from Hefei, Anhui province, he didn't realize that he was going to play a major role in the African nation's efforts to revitalize its agriculture sector.
When Hainan Airlines bought a 48 percent stake in the French airline Aigle Azur Airlines in 2012, Tan Xiangdong, a member of Hainan Airlines board of directors, likened Hainan Airlines to a huge fish stirring up stagnant waters inhabited by poorly performing airlines.
Chinese telecom equipment giant Huawei Technologies Co Ltd posted a net year-on-year profit increase of 34 percent in 2013, thanks to strong domestic demand for speedier mobile network equipment and a rising status as one of the world's major smartphone vendors.
"It's not a question of whether Chinese construction companies will be successful in North America. It's really a question of how many," says Marc Dowdell, president of LiuGong Construction Machinery North America.
Since the China (Shanghai) Pilot Free Trade Zone was launched in September, there's been an increasing number of bank opening ceremonies, and executives of foreign banks say that as more detailed guidelines are released, business has been picking up.
Trade and financial services are among the sectors that have been benefiting the most so far in the China (Shanghai) Pilot Free Trade Zone, analysts say in a half-year review of measures and policies for development in the zone.
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