Brazil, Russia, India, China and South Africa have all agreed to create a USD100 billion fund as buffer for financial shocks.
Tags: China
China on the rebound according to customs agency
The General Administration of Customs registered above projected numbers in terms of overseas shipments.
Bitcoin frenzy stirs China
Bloomberg Businessweek reported that the Bitcoin frenzy had reached China. Bloomberg Businesswee reported that the Bitcoin frenzy had gripped China. The world's second largest economy had become the second largest maker of Bitcoins worldwide, according to data compiled by SourceForge.
Global rise in demand confirms that growth is climbing, but not for emerging economies - analysts
Analysts said that though economies in Euro Zone and China were experiencing significant growth spikes in their economies, emerging economies of India, Italy and France are not faring well.
Foreign firms in China strengthen compliance as investigations continue
Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
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As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.
The European Union Chamber of Commerce in China said there was unfair treatment to foreign firms in the China bribery probe.
China urged its Asian neighbors to forge stronger financial ties in the wake of the Federal Reserve's plan to taper its stimulus package.
As the company faces an investigation on corruption under the previous leadership, the new management of PetroChina is seeking to distance itself from the legacy of its former chairman.
China-based Bright Food Group has planned to buy a stake in Israel's Tnuva Food Industries. Bright Food Group Co said it could buy a stake in Tnuva Food Industries Ltd.
The CBRE Group Inc said Chinese insurance companies could spend USD 14.4 billion in commercial real estate investments overseas.
President Xi Jinping's anti-corruption drive tries another senior official of graft. The Chinese government's investigation on corruption has now turned to the head of its state assets regulator in what has been called 'serious discipline violations'.
German car manufacturer Daimler Mercedes-Benz planned to increase the number of its dealer outlets in China to get a bigger share of the world's largest auto market.
The partnerships of SAIC Motor Corp with Western car manufacturers helped boost its sales for the first half of this year.
