Having closely monitored the performance of a financial management company for more than four years, Hou Yanjie finally decided to buy a trust product recommended by an account manager she’s familiar with. The product requires investment of at least 1 million yuan ($163,000), and the expected annual rate of return is around 9.5 percent. The [...]
China’s central region is still the ideal destination for industrial transfers due to the raft of advantages it offers companies, officials and business leaders have said at an expo here. Evaluating a region’s environment for investment not only involves pay levels, but also living costs, land price and supply, innovation capabilities and supporting industries, Xie [...]
People are more willing to spend on small indulgences such as cosmetics. Fang Jinqi, 32, said the most urgent thing for her at the moment is to develop a more thrifty lifestyle because her job as a property agent business is stagnating. The big fan of Hermes bags who used to buy a new one [...]
Premier Li Keqiang arrived in New Delhi on Sunday afternoon on his first overseas visit since taking office, accompanied by a large business delegation. The visit will help link the two huge emerging markets, which together can become an engine of the world economy if they can take advantage of each other’s development, analysts have [...]
CHINA is urging North Korea to release a Chinese fishing boat and its crew reported to have been held since May 5. Counsellor Jiang Yaxian of the Chinese Embassy in North Korea told Xinhua news agency yesterday that Yu Xuejun, the boat’s owner, called the embassy for help on May 10 and it had immediately [...]
PUNITIVE duties on Chinese solar panels proposed by the European Union would “severely impair” bilateral trade ties, Ministry of Commerce spokesman Shen Danyang warned yesterday. His remarks at a press conference came after the European Commission agreed to back a proposal to levy provisional duties ranging from 37 to 68 percent. “China’s position of using [...]
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