For small and individual investors, franchising provides an easy way to do business without having to start from scratch while for brand owners, it enables them to expand rapidly their business while fending off risks that usually come with entering an unfamiliar market.
Philip Kotler, the father of modern marketing, believes franchising as the most popular [...]
 The 10th China-EU Leaders’ Meeting was held here Wednesday, and leaders from both China and the European Union (EU) outlined their future strategic partnership while discussing pragmatic issues.The yearly summit was attended by Chinese Premier Wen Jiabao, Prime Minister Jose Socrates of Portugal, which currently holds rotating presidency of the European Union, and European Commission [...]
Luxembourg Prime Minister Jean-Claude Juncker said here Wednesday that China’s further expansion of domestic consumption is very significant to a more balanced global economy.
China needs to make a shift from its heavy reliance on export and investment for economic growth, Juncker said at a press conference Wednesday afternoon.
The country’s domestic consumption should make a greater [...]
Mongolia’s Cabinet has decided to review a draft agreement on ownership of Tavan Tolgoi, a potentially huge coking coal project in the Gobi Desert that has attracted interest from some of the world’s biggest mining companies.
The decision means the Mongolian government will set up a working group to renegotiate
ownership and investment rights for the project [...]
China’s tax rate for coal resources is expected to be raised soon from 1 to 3 percent in a bid to rein in the coarse consumption of coal, one of the most important power energy in the country.
The plan for the new coal tax rate has been submitted to the State Council, China’s cabinet, for [...]
China Huaneng Group, the nation’s largest electricity producer, has fired up coal and power projects worth 30 billion yuan (US$4.06 billion) in the Ningxia Hui Autonomous Region.
Huaneng Ningxia Energy Co Ltd was set up to run the projects. It is 60 percent owned by Huaneng and 40 percent by Ningxia Power Generation Co Ltd, with [...]
