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Warburg Pincus raises $2b fund
Private equity firm Warburg Pincus LLC said on Thursday that it has raised a $2 billion fund especially for investing in China.
December16,2016
China's JD.com targets $2b fundraising at logistics unit
China’s second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.
January16,2018
1st LD Writethru: Chinese premier says China, UAE good partners on path of common development
Chinese Premier Li Qiang said here on Thursday that China and the United Arab Emirates (UAE) are good partners on the path of common development.
September13,2024
1st LD Writethru: Chinese premier urges China, UAE enterprises to seize new cooperation opportunities
More UAE companies are welcome to invest in China, Chinese Premier Li Qiang said, expressing belief that with the joint efforts of entrepreneurs from both countries, bilateral economic and trade cooperation will continue to thrive.
September13,2024
ICBC plans to set up $2b asset management company
China's largest State-owned commercial bank by assets announced on Thursday it will invest 12 billion yuan ($1.75 billion) to set up a wholly owned asset management company specialized in debt-to-equity swaps.
December09,2016
JD to sell French goods worth 2b euros in China
China's second-largest e-commerce player JD.com announced on January 9 a plan to sell French goods worth 2 billion euros ($2.34 billion) through its platform in China in the next two years.
January10,2018
1st LD: China ODI, services trade surge
During the first seven months of the year, China's non-financial outbound direct investment (ODI) rapidly increased, as did services trade in H1, according to official data released Wednesday.
August17,2016
1st LD: China auto sales down 1.9 pct in 2020
The number of automobiles sold in China totaled 25.31 million last year, down 1.9 percent from 2019, data from an industry association showed Wednesday.
January13,2021
1st LD: China unveils prototype superfast maglev train
A prototype locomotive using high-temperature superconducting (HTS) maglev technology was rolled out on Wednesday in southwest China's city of Chengdu.
January13,2021
1st LD: China reiterates healthy development of outbound investment
China reiterated Monday that it would stick to its opening up policy and "going out" strategies, facilitating investment abroad while guarding against risks, according to a government statement.
November28,2016
1st LD: China consumer prices up 2.1 pct in October
China's consumer price index (CPI), a main gauge of inflation, grew 2.1 percent year on year in October, up from September's 1.9 percent, the National Bureau of Statistics (NBS) announced Wednesday.
November09,2016
Didi Chuxing, SoftBank invest $2b in Southeast Asia's taxi-hailing giant Grab
Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, announced on Monday that China's Didi Chuxing and Japan's SoftBank Group Corp will invest up to $2 billion to lead Grab's current financing round.
July25,2017
1st LD: China's fixed-asset investment up 5.4 pct in 2019
China's fixed-asset investment (FAI) increased 5.4 percent year on year in 2019, 0.2 percentage points higher than the level recorded in the first 11 months, the National Bureau of Statistics (NBS) said Friday.
January17,2020
1st LD Writethru: Premier Li underlines implementation of poverty-relief measures
Chinese Premier Li Keqiang stressed solid implementation of poverty precision-relief measures.
November17,2016
1st LD Writethru: China-donated COVID-19 vaccines to Philippines arriving Sunday
The 600,000 doses of the Sinovac-made vaccine CoronaVac donated by China are due to arrive in the Philippines on Sunday, the Chinese Embassy to Manila said on Thursday, marking the first shipment of the COVID-19 vaccines.
February26,2021
1st LD: China's CPI down 0.3 pct in January
China's consumer price index (CPI), a main gauge of inflation, declined 0.3 percent year on year in January, compared with a 0.2-percent increase in December last year, the National Bureau of Statistics (NBS) said Wednesday.
February10,2021
1st LD: China's new yuan loans rise in first two months
China's new yuan-denominated loans totaled 4.24 trillion yuan (about 605.7 billion U.S. dollars) during the first two months of the year, up 130.8 billion yuan year on year, central bank data showed Wednesday.
March12,2020
1st LD: China's manufacturing PMI edges down as holiday affects activity
The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.6 in February, edging down from 51.3 in January, data from the National Bureau of Statistics (NBS) showed Sunday.
March01,2021
1st LD: China's industrial profits up 4.1 pct in 2020
Profits of China's major industrial firms rose 4.1 percent year on year in 2020 to more than 6.45 trillion yuan (about 997.7 billion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Wednesday.
January28,2021
1st LD: China's manufacturing PMI grows at fastest pace in over 2 years
China's manufacturing sector posted its best performance in more than two years, adding to signs that the world's second-largest economy is stabilizing, official data showed Tuesday.
November01,2016
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