COSCO Group sees profit
China Ocean Shipping Group Co (COSCO) returned to profit in 2014 after three years of losses, Xinhua News Agency reported Saturday. The State-backed shipping conglomerate,… Read More »COSCO Group sees profit
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China real estate loans see rapid growth
Loans to the real estate sector rose rapidly in 2014, especially lending for affordable housing developments, the central bank said Friday. Financial institutions had 5.63… Read More »China real estate loans see rapid growth
Billionaire Li Ka-Shing’s Hutchison Is in Talks to Buy UK’s O2 for as Much as $15 Billion
Li Ka-shing’s Hutchison Whampoa Ltd. (13) started exclusive talks to buy O2, Telefonica SA’s (TEF) U.K. wireless carrier, for as much as 10.25 billion pounds… Read More »Billionaire Li Ka-Shing’s Hutchison Is in Talks to Buy UK’s O2 for as Much as $15 Billion
China and Switzerland to announce offshore yuan trading center in Zurich
As China takes it currency global, Zurich is set to become a center for yuan trading in Europe with Chinese and Swiss officials poised to… Read More »China and Switzerland to announce offshore yuan trading center in Zurich
China’s 2014 telecom income up 3.6 pct
China’s telecom business revenues increased 3.6 percent in 2014, 5.1 percent lower than in 2013, the Ministry of Industry and Information Technology said Wednesday. Last… Read More »China’s 2014 telecom income up 3.6 pct
Ministry confident of stable trade growth in 2015
The Ministry of Commerce (MOC) is confident of maintaining “moderately stable” growth in foreign trade in 2015, it was announced on Wednesday. MOC spokesman Shen… Read More »Ministry confident of stable trade growth in 2015
High-speed rail corridor in west China to link north with south
China is planning a new high-speed railway linking Baotou, a city in North China’s Inner Mongolia autonomous region, with Haikou, in South China’s Hainan province,… Read More »High-speed rail corridor in west China to link north with south
Xi’s book on Chinese Dream presented in Bulgaria
Photo taken on Jan 19, 2015 shows the Bulgarian version of Chinese President Xi Jinping’s book “The Chinese Dream of the Great Rejuvenation of the… Read More »Xi’s book on Chinese Dream presented in Bulgaria
Sozopol in the TOP 3 tourism spots in the world
Bulgaria’s Black Sea gem Sozopol made it into the top three of the most desirable places for tourism in the world. The winner of Standart’s… Read More »Sozopol in the TOP 3 tourism spots in the world
Goranov: Bulgaria began negotiations to join the eurozone
Bulgarian government will begin negotiations with the governments of the 19 eurozone countries to start accession to the common currency, said Finance Minister Vladislav Goranov… Read More »Goranov: Bulgaria began negotiations to join the eurozone