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VW 'back on track' thanks to record 2016 sales

[ 2017-03-24 ]
...ntinued to post strong growth. Porsche sales went up 12.5 percent to 65,200 units during the same period. Jochem Heizmann, president and CEO of Volkswagen China, says, "China's auto sales growth in 2016 has exceeded our expectation and long-term plan." Although it posted sales...

Processing the world's phosphorus perfectly

[ 2017-03-24 ]
...tories and research facilities for post-doctoral researchers. This initiative has resulted in more than 2,000 patents so far. Zhang Tao, CEO of Wengfu Engineering and Contracting Co, the subsidiary in charge of overseas business, says Wengfu's business connections overseas vary...

Car rental business hits a few potholes

[ 2017-03-24 ]
...tly involved in the car sharing industry, including car manufacturers, rental companies and startups like Uucars, according to Yang Yang, CEO of New Harmony Commercial Factoring Co, a car-sharing solutions provider. Both of Uucars' co-founders agreed that the sector deserved at...

Fintech startup builds 'data detective' to assess loans

[ 2017-03-24 ]
... Chinese people have a credit card. "Our counterparts envy us for having a credit volume of 1.2 million per month," said the 37-year-old CEO. Yongqianbao has been putting greater focus on credit volumes over absolute value, even though due to fixed costs, it would be more econo...

Chinese buyers shift interest in Canadian property due to tax

[ 2017-03-24 ]
...llowing its implementation eight months ago of a 15-percent tax on foreign residential real estate buyers. Brad Henderson, president and CEO of Sotheby's International Realty Canada, told Xinhua on Tuesday that the B.C. foreign buyers tax, which was levied for the first time in...

Fintech startup builds 'data detective' to assess loans

[ 2017-03-24 ]
... Chinese people have a credit card. "Our counterparts envy us for having a credit volume of 1.2 million per month," said the 37-year-old CEO. Yongqianbao has been putting greater focus on credit volumes over absolute value, even though due to fixed costs, it would be more econo...

Chinese buyers shift interest in Canadian property due to tax

[ 2017-03-24 ]
...llowing its implementation eight months ago of a 15-percent tax on foreign residential real estate buyers. Brad Henderson, president and CEO of Sotheby's International Realty Canada, told Xinhua on Tuesday that the B.C. foreign buyers tax, which was levied for the first time in...

Out of Asia and into Africa

[ 2017-03-24 ]
After living in Japan for 16 years, Zhang Liqiang, CEO of Panestate Development, says his affection for Kenya can be summarized in three Cs: climate, career and culture. Zhang, who is originally from Fuqing, Fujian province, went to Japan in 1995 and stayed until 2010. He was so...

VW 'back on track' thanks to record 2016 sales

[ 2017-03-24 ]
...ntinued to post strong growth. Porsche sales went up 12.5 percent to 65,200 units during the same period. Jochem Heizmann, president and CEO of Volkswagen China, says, "China's auto sales growth in 2016 has exceeded our expectation and long-term plan." Although it posted sales...

Car rental business hits a few potholes

[ 2017-03-24 ]
...tly involved in the car sharing industry, including car manufacturers, rental companies and startups like Uucars, according to Yang Yang, CEO of New Harmony Commercial Factoring Co, a car-sharing solutions provider. Both of Uucars' co-founders agreed that the sector deserved at...

Chinese buyers shift interest in Canadian property due to tax

[ 2017-03-24 ]
...llowing its implementation eight months ago of a 15-percent tax on foreign residential real estate buyers. Brad Henderson, president and CEO of Sotheby's International Realty Canada, told Xinhua on Tuesday that the B.C. foreign buyers tax, which was levied for the first time in...

Fintech startup builds 'data detective' to assess loans

[ 2017-03-24 ]
... Chinese people have a credit card. "Our counterparts envy us for having a credit volume of 1.2 million per month," said the 37-year-old CEO. Yongqianbao has been putting greater focus on credit volumes over absolute value, even though due to fixed costs, it would be more econo...

Fintech seen bridging financing gap for the 'under-banked'

[ 2017-03-24 ]
...iduals now account for 15 percent of China's total loan market and will climb up to 30 percent in three to five years, said Gregory Gibb, CEO of Shanghai Lujiazui International Financial Asset Exchange Co Ltd. "Fintech is the right way to address that surging need," he said. T...

Out of Asia and into Africa

[ 2017-03-24 ]
After living in Japan for 16 years, Zhang Liqiang, CEO of Panestate Development, says his affection for Kenya can be summarized in three Cs: climate, career and culture. Zhang, who is originally from Fuqing, Fujian province, went to Japan in 1995 and stayed until 2010. He was so...

Fintech seen bridging financing gap for the 'under-banked'

[ 2017-03-24 ]
...iduals now account for 15 percent of China's total loan market and will climb up to 30 percent in three to five years, said Gregory Gibb, CEO of Shanghai Lujiazui International Financial Asset Exchange Co Ltd. "Fintech is the right way to address that surging need," he said. T...

Chinese buyers shift interest in Canadian property due to tax

[ 2017-03-24 ]
...llowing its implementation eight months ago of a 15-percent tax on foreign residential real estate buyers. Brad Henderson, president and CEO of Sotheby's International Realty Canada, told Xinhua on Tuesday that the B.C. foreign buyers tax, which was levied for the first time in...

Fintech startup builds 'data detective' to assess loans

[ 2017-03-24 ]
... Chinese people have a credit card. "Our counterparts envy us for having a credit volume of 1.2 million per month," said the 37-year-old CEO. Yongqianbao has been putting greater focus on credit volumes over absolute value, even though due to fixed costs, it would be more econo...

Racism exposed in the form of T-shirt design

[ 2017-03-23 ]
...ld not be used as a shield for racism, and the "open platform principle" an excuse to evade corporate responsibility. But spreadshirt.com CEO Philip Rooke doesn't seem to believe in such universal norms. The Leipzig-based German company he manages allows customers to design and ...

Investors anticipate flurry of bilateral opportunities

[ 2017-03-23 ]
...n with the Belt and Road Initiative will stimulate business development by minimizing risk and reducing red tape. Kirill Dmitriev, CEO of the Russian Direct Investment Fund. [Photo provided to China Daily] "If our leaders continue to inspire and promote this cooperation, ...

Aussie hotelier banks on Belt and Road

[ 2017-03-23 ]
...tarted operating in China 12 years ago, currently has 105 hotels with more than 22,710 guestrooms across the country. Kevin Zhang, CEO of Argyle Hotel Group. [Photo provided to China Daily] "We deem the Belt and Road Initiative a precious opportunity for the growth for ou...
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