After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.
Tags: China
ZTE Corp seeking to expand cloud services in China
In a bid to increase its contribution to ZTE's overall revenues, the cloud computing and IT productions operations of the firm had laid out plans to expand cloud computing in China.
Chinese authorities pushing banks to comply with Basel III
The Chinese government, amidst calls for a pending crisis due to bad debts, is pushing its banks to shore up its capitalization in compliance with Basel III.
World Bank President confident of China meeting growth targets
Jim Yong Kim, World Bank Group President, says that there is still risk present even as China reaches and surpasses its 2013 growth target.
China to invest in local projects to lessen dependence on foreign gas and oil
China had set aside CNY80 billion for its local gas and oil projects to boost internal energy supplies.
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A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.
ThyssenKrupp AG is reconsidering the sale of its Steel Americas unit, selling off only its US operations.
Temasek Holdings appointed Dr Wu Yibing as its new co-head for China business effective October 1, 2013.
Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.
According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.
Bayer said regulators in China were investigating their local office in the mainland for alleged unfair competition practices.
According to a regulatory filing with the Hong Kong Stock Exchange, Beijing Enterprises Water Group Ltd. would acquire nine water and sewage treatment projects in China.
The recent launch of the iPhone 5S and 5C cost about USD200 more in China than in the United States.
Premier Li Keqiang said the Chinese economy was stable and that reforms would push through as planned.
