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Mercedes Benz to Work on Opening a New Research and Development Center in China

Mercedes Benz to Wotk on Opening a New Research and Development Center in China

Daimler AG will be opening a new research and development center in Beijing is being tasked with the further turning the Mercedes-Benz brand to attract wealthy Chinese and to close the sales gap with BMW AG and Audi AG. The German automaker decision demonstrated a desire to be deeply embedded in China and to make [...]

Nov 4 2014, 8:43 am | Posted in Investment Relations | Read More »

Tencent Plans to Use Mobile Services to Connect and Work with Appliances

Tencent Plans to Use Mobile Services to Connect and Work with Appliances

Shenzhen based and the second largest internet company in China, Tencent Holdings Ltd. is now planning to connect ovens, air conditioners and other appliances to their WeChat and QQ instant messaging services in their bid to expand its mobile application store. The company is working with appliance manufacturers and third party developers to allow its [...]

Oct 31 2014, 10:40 am | Posted in Investment Relations | Read More »

Credit Card Companies to Welcome China’s Plan to Open Market for Credit Transactions

Credit Card Companies to Welcome China's Plan to Open Market for Credit Transactions

Mastercard and Visa is welcoming China’s plans in opening up the market for clearing domestic bank card transactions as the company stand to gain access to a much larger and growing market that is said to be worth US$1 trillion a year. As China lags to such countries in spending credit, the Chinese habits are [...]

Oct 31 2014, 9:45 am | Posted in Investment Relations | Read More »

Foreign Internet Companies to Enter China in Accordance to Chinese Law and Regulations

Foreign Internet Companies to Enter China in Accordance to Chinese Law and Regulations

China might be blocking access to Facebook, but it doesn’t mean that the popular social networking media can’t penetrate the country as long as the website learns to follow certain rules. The director for the State Internet Information Office stated before that Facebook will never be allowed in China but recently stated the these rumors [...]

Oct 31 2014, 8:30 am | Posted in Networking | Read More »

City to Cut Down Gasoline Prices as Global Crude Oil Prices Decreases

City to Cut Down Gasoline Prices as Global Crude Oil Prices Decreases

The city will likely to cut down on their gasoline and diesel prices as global oil prices decreased over the past week. So far china has cut retail gas prices around six times since July and the last price cut were done in October 17.the new pricing plan came to effect last year which stipulates [...]

Oct 31 2014, 7:37 am | Posted in Investment Relations | Read More »

China’s Top Train Makers to Merge to Better Compete with Foreign Makers

China's Top Train Makers to Merge to Better Compete with Foreign Makers

China CNR and CSR Corp to of China’s top train makers are planning to create a merger in hopes to create a giant that can be able to complete globally with the Bombardier and Siemens. China created the world’s longest high speed train network in the span of ten years and has freely expressed their [...]

Oct 29 2014, 8:27 am | Posted in Investment Relations | Read More »

Property Transactions Help Boost Sales of Homes Due to New Home Loan Policy

Property Transactions Help Boost Sales of Homes Due to New Home Loan Policy

Several property transactions in different parts of the city help regain the momentum for the month of October after a slack in performance in September. The change is likely a response to the implementation of the loosening up of home loans policies in several local banks. Statistics showed that sales volumes in both the pre-owned [...]

Oct 28 2014, 8:40 am | Posted in Investment Relations | Read More »

Investing in China’s Education Industry

China has the longest education tradition of any country. Beginning in the Han Dynasty, education formed the basis of China’s meritocracy for climbing the social ladder into the emperor’s presence. Educational rigor has fundamentally shaped China’s ambitious spirit and tenfold economic growth in the past two decades. This may never have happened without China’s respect for competitive pressure fostered by [...]

Oct 27 2014, 9:50 pm | Posted in Investment Relations | Read More »

China to Expand Scope to Private Investment in Several Key Sectors

China to Expand Scope to Private Investment in Several Key Sectors

The State Council is planning to expand their scope of private investment in several key sectors this will include transportation and telecom as part of the council’s measures to support the slow economy. Considered as the second larget economy in the world the Chinese economy grew at its slowest pace since the financial crisis which [...]

Oct 27 2014, 8:41 am | Posted in Investment Relations | Read More »

Shenzhen GDP to Hit Targeted Growth Rate for the First Three Quarters of the Year

Shenzhen GDP to Hit Targeted Growth Rate for the First Three Quarters of the Year

The city GDP growth rate is said to reach 9.5 percent during the first three quarters which signals a still booming economy. As the national GDP has increased by 7.4 percent also in the first three quarters while Guangdong Province GDP increased by 7.6 percent. For the first quarter and first half of the year [...]

Oct 27 2014, 7:47 am | Posted in Investment Relations | Read More »

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