With a population of 1.4 billion people and a middle income group of over 400 million people, China is now developing into the largest market in the world, he said, noting that it is an important feature for a major country to drive its economic growth mainly on domestic demand.
With a total investment of 3 billion yuan (8 million), the forthcoming joint-venture bank, which is awaiting regulatory approval, may become the Chinese mainland's first commercial lender in which a foreign shareholder has a controlling interest. According to the plan, ING Bank will hold a 51 percent stake, and Bank of Beijing 49 percent.
With a market value of .6 trillion — nearly the equivalent of Russia’s gross domestic product — Amazon now dwarfs many of its retail rivals who’ve struggled to compete with a fast-moving organization whose expansive appetite seems endless.
Wisconsin Lieutenant Governor Rebecca Kleefisch says the China-Wisconsin relationship is fantastic. [Photo/China Daily]
With 11,000 people in 35 countries, COFCO International is the overseas agriculture business platform for COFCO Corporation, China's largest food and agriculture company.
With India's AC market expected to explode from 30 million to a billion units by 2050, the world's second-most populous country could become the planet's top user of electricity for cooling.
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Will the eventual implementation of Brexit later in 2019 contain risks for global markets?
Windau said the alliance could extend to one company making vehicles for the other at one of its factories in the US, where GM has excess manufacturing capacity.
Why is there such a gap between the views of the White House and the US public?
Wilkerson is director of manufacturing at Vanguard National Trailer Corporation, a wholly owned subsidiary of China International Marine Containers (CIMC), a Shenzhen-based leading transportation equipment company.