The Chinese New Year that began on Feb 16 is likely to see some major retail stocks gaining momentum, having made substantial gains last year, market mavens said.
The Chinese government has always asked overseas branches of Chinese financial institutions to abide by local laws strictly and cooperate with local judicial and law enforcement departments, Geng said.
The Chinese government understands that multinational companies have the potential to play a vital role in the renewal of its economy, but multinationals must also understand that China needs reliable partners, partners who think long term and do not sidestep the challenges ahead, Joe pointed out.
The China Association of Automobile Manufacturers estimated that in the current year SUV sales would lose their momentum a little, with their growth rate falling by 2 percentage points to 11 percent year-on-year.
The Chinese company also inked a strategic partnership with leading Hollywood talent and literary management company Settebello Entertainment late last year, to help Western celebrities and influencers build a presence in the Chinese market.
The CSRC said it would continue to firmly crackdown on financial fraud and deception of listed firms to protect the rights of investors and create a better market environment.
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The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, lost 0.78 percent to close at 2,820.75 points Thursday.
The Cambodia Daily reported that there are now more than 6,000 tuk-tuks in Phnom Penh, and a majority of them seem to be serving the tourist population in the country.
The Chinese company has undertaken similar initiatives in Algeria, Djibouti, Mauritius and Zambia, by building a large number of roads, ports and airports. Its total contract value in Africa during the past five years stood at .5 billion.
The China-Laos railway has a total length of 414.332 km with over 62.7 percent of bridges and tunnels, linking Mohan-Boten border gate in northern Laos and capital Vientiane. Operating speed on the route is designed at 160 km per hour. Construction of the project is scheduled for five years with investment of some 40 billion Chinese yuan (.8 billion), 70 percent of which comes from Chinese investment and the rest 30 percent from Lao side.