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Top 10 biggest wealth managers in the world

Swiss bank UBS has been crowned the biggest wealth manager in the world with $2,403 billion of assets under management, followed by Bank of America Merrill Lynch ($1,080 billion) and Morgan Stanley ($1,045 billion).China Merchants Bank entered the top 10 in 2017 and was the first Chinese bank ever to do so, according to research…

China Data – Chinadaily.com.cn

China Data – Chinadaily.com.cn Home / Business / China Data Top Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in…

Българо-американската комисия за образователен обмен в Република България

Unitree begins preparation for mainland float

Visitors interact with a Unitree humanoid robot in Jinhua, Zhejiang province, on July 5. SHI BUFA/FOR CHINA DAILY Unitree Robotics, a Chinese manufacturer of humanoid robots, has begun preparations for an initial public offering, joining a wave of domestic embodied AI companies in tapping the capital market as they race to become globally leading robotics firms.…

How China’s EV industry has become an innovation champion

Employees work at a Nio auto assembly line in Hefei, Anhui province. CHU WEIWEI/CHINA NEWS SERVICE When I stepped into NIO’s advanced manufacturing factory in Hefei, capital of East China’s Anhui province, it didn’t feel like a typical car plant. There was no deafening noise. Instead, it felt like a human brain — alive aware,…

EU policy shift may spell trade trouble

The European Union’s evolving trade policy, from “de-risking” to measures more oriented toward “decoupling”, has raised concerns about increased friction with China, particularly as the bloc seeks closer alignment with the United States to avoid trans-Atlantic tensions, according to market watchers and exporters. Such a shift, they said, could lead to a growing number of…

Highlights of commerce minister’s news conference

China will intensify efforts to advance high-quality trade development, deepen international cooperation and bolster innovation to further boost exports during the 15th Five-Year Plan (2026-30) period, the country’s top commerce official said on Friday. Speaking at a news conference in Beijing, Commerce Minister Wang Wentao said these measures will foster an open, cooperative and mutually…

Any attempt at forced China-US ‘decoupling’ bound to fail: commerce minister

BEIJING — Any attempt to forcibly “decouple” China-US economic and trade ties is destined to fail, China’s Commerce Minister Wang Wentao said on Friday. The economic and trade relationship between China and the United States has experienced its ups and downs over the years, but the two countries remain important partners to each other, Wang…