The People’s Insurance Company of China (PICC) and PICC Life on Thursday inked a joint venture agreement with American International Group (AIG) to form an agency distribution company.
The Industrial and Commercial Bank of China (ICBC) plans to create a RMB cross-border business center in Luxembourg to cover Europe, it said on Tuesday.
An International Monetary Fund (IMF) chief said on Wednesday that Chinese government debt has risen to nearly 50 percent of the country’s gross domestic product (GDP) but is still under control.
China’s Shuanghui International Holdings Limited announced Wednesday that it has entered into a definitive merger agreement with the world’s largest pork processor, Smithfield Foods, to create a leading global pork enterprise.
Cards issued by China UnionPay, the dominant banking card organization in China, will be accepted in the Ukrainian market this year, a UnionPay representative said here Tuesday.
China’s Consumer Price Index (CPI) is likely to grow 2.5 percent in May from a year earlier, slightly up from the 2.4 percent recorded in April, the Bank of Communications (BOC) has forecast.
China’s Sinopec Corp., Asia’s top refiner,announced on Wednesday that Li Chunguang has been named as its new president.
Amanda Bynes has launched a venomous Twitter tirade against model Chrissy Teigen branding her “ugly”.
Lindsay Lohan’s father Michael says she has had an ‘epiphany’ in rehab and is doing phenomenally well but he still wants her to transfer to a clinic in Florida.
Justin Bieber allegedly turned his neighbourhood upside down over the weekend, throwing parties until 3a.m. and was also seen riding around on a Segway with a friend, who was allegedly smoking marijuana on Sunday.