The European Investment Bank and the Asian Infrastructure Investment Bank on May 30 signed a framework agreement to jointly finance strategically important projects.
China Life Insurance Group Co, the country's largest insurer, has taken a sizable but undisclosed stake in a landmark New York office block, in a deal worth $1.65 billion.
It's no secret that China is the world's largest e-commerce market, considering the staggering amounts of money shoppers spend online.
E-commerce companies have been given a one-year buffer period to rethink their cross-border strategies, after the government released new regulations. The new rules ease controls introduced in April on certain imported goods sold online.
Construction is expected to start next month on the third unit at the K3 plant, the Karachi nuclear power plant using a reactor developed by China National Nuclear Corp.
The Walt Disney Co says it is prepared to take action to protect its intellectual property rights after performers dressed as Snow White and Captain America appeared at Dalian Wanda Group Co's new theme park in China.
Chinese consumers' willingness to spend reached the highest level in the first quarter of this year, driven by people's strong desire to upgrade, a study from Nielsen Co showed on May 31.
Domenico Oliveri, chief executive officer of Fendi Timepieces, a watch firm that grew from Italian luxury fashion house Fendi SRL, is bullish about the luxury market in China. He believes there is a huge potential for growth as Chinese consumers' spending power is growing.
Like many retail employees, Greg Penner started his first job at Wal-Mart Stores Inc as a trainee, in its store in Siloam Springs, Arkansas.
No matter who the leader of Taiwan is, there is always a desire there for development. ... There is no chance of Taiwan growing unless there is outside investment. Therefore, it will won't affect our business."
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