More and more Chinese businessmen are launching and expanding their businesses in Southeast Asian countries, counterbalancing previous capital flows in an overwhelmingly single opposite direction, officials and businessmen said at an ongoing exposition.
Mochtar Riady, chairman of Malaysia’s renowned Lippo Group, said Chinese businesses have accumulated an abundance of capital in the economic boom over the [...]
Guangzhou - From Thursday, foreigners and overseas Chinese in the south China city of Guangzhou will have to declare their personal income for tax purposes.
According to a new regulation on income tax, all foreign workers will be asked to declare their earnings regardless of the length of time they have spent working in the city.
Overseas Chinese and people from Hong [...]
Although one knew of the growth and growth of China and its exports it comes as a surprise to read that China Life Insurance has passed AT&T in market value, giving China five of the world’s 10 largest companies. The United States only has three.
Allowance must be made for the fact that many, most?, of [...]
The newly proven coal reserves in Huainan of East China’s Anhui Province amounted to nearly 856 million tons, said sources with the China Coal Geological Bureau Tuesday.The bureau recently completed a geological exploration report on Zhujixi Coal Mine in Huainan City. There are 12 minable coal seams, totalling 24.69m in thickness, identified in an area [...]
Mainland port operator China Merchants Holdings plans to develop a multi-purpose port at Ma Wan port zone in western Shenzhen. The company said the first of five berths will be built at a cost of $92.9 million.
The port operator also runs terminals in Shekou and Chiwan. In the first half of the year, its ports [...]
China Netcom, the state-controlled phone giant, is poised to launch in the UK, continuing the country’s “go global” push to create champions to rival US and European multinationals.
China’s second-largest fixed-line group will announce on Thursday plans to open a European headquarters in London. The group’s president, Mr Yu Yongping and senior vice-president, Mr Jidong Zhao, [...]
