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Thailand urged to move promptly in line with Belt and Road Initiative

BANGKOK,May13(APD)-ThailandisyettotakestepsinpromptandtimelyfashiontowardChina-aidedinfrastructureandinvestmentprojectsinthisSoutheastAsiancountry,saidaThaiacad

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SoftBank confirms it’s putting $5BN into Didi Chuxing, ‘Uber of China’

Japanese telco giant SoftBank has confirmed the size of its investment into Didi Chuxing, aka the Uber of China, and the figure is $5 billion (~¥550,000M).

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SoftBank confirms it’s putting $5BN into Didi Chuxing, ‘Uber of China’

JapanesetelcogiantSoftBankhasconfirmedthesizeofitsinvestmentintoDidiChuxing,akatheUberofChina,andthefigureis$5billion(~¥550,000M).ThelastiteminSoftBank’sfiscaly

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China's investments creating thousands of new British jobs

The fast expansion of Chinese companies in the United Kingdom is creating local jobs at a time when Brexit uncertainties have caused unemployment fears.

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China opens more areas of economy for foreign capital

China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said.

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EU Cohesion Policy to further focus on research,innovations: EU Commissioner

Focus on strategic, high value sectors such as research, innovations and digital technologies will remain the priority for the EU's funding from Cohesion Policy programs, European Commissioner for regional policy Corina Cretu said on Thursday.

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Open mind, cooperation better benefit China, U.S. than protectionism

​As Obama's chief science adviser is preparing a study that could lead to restrictions on Chinese investment in the U.S. semiconductor sector, the world's largest economy has again turned to protectionism against China.

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BOC to speed up program to finance startup firms

Bank says investment and loan linkage mechanism is crucial to industrial innovation

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Trump claims $50 billion SoftBank investment due to his election win

Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win.

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China levels the property rights playing field

Compared with the state sector, China's private businesses are vulnerable in terms of property rights, but that may change as new policy expands the safety net.

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Celebrities take hit from LeEco woes

More than a dozen Chinese celebrities, including film director Zhang Yimou, may not be able to see high returns from their investment in affiliates of LeEco, becoming the latest victims of the Chinese tech major's cash crunch.

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Exclusive: Broadcom lines up $6.5 billion bridge loan for Brocade buy

Six banks will be providing a US$6.5bn financing backing chipmaker Broadcom's acquisition of Brocade, a maker of networking switches, software and storage products, two sources familiar with the financing said.

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Investment reforms for pension funds as China tackles aging population

By allowing local pension funds more latitude on investment, China has made a cautious but significant step to tackle the increasing challenges of an aging population.

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Supreme court vows better protection for private investment

​China's Supreme People's Court (SPC) has issued a circular on proper handling of civil and commercial cases to boost healthy development of private investment.

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Chinese-invested company builds primary school in Laos

​A primary school built by Chinese-invested Jixiang cement factory in Lao central Khammouane province has been inaugurated in September, a representative of the company told Xinhua on Monday.

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China pledges to streamline administrative approval, ease rules for foreign investors

The Chinese government on Saturday decided to streamline administrative approval, delegate more power to lower government levels and loosen rules on foreign investment in an attempt to revive the economy.

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China's FTZs drive new opening up, mull deeper reforms

​Without the Shanghai Pilot Free Trade Zone, U.S. food quality certification firm Anchor Center for Certification (ACC) would have struggled to enter the Chinese market.