Thu, June 12, 2025
Electronics retailer Media Markt China has only been in the Chinese market for about a year, but it is already planning to expand rapidly throughout the country.
For Cai Qiang, CEO of American International Assurance Co Ltd (China), it is time to go "back to basics" with a focus on sustainability.
In December 2001, China became a formal member of the World Trade Organization (WTO), an event which led to foreign banks in China enjoying a new and fully open era. Since then, the development of the local banking system has gone through two stages.
Foreign banks still have plenty of room for development in the Chinese market and it is unrealistic to expect them to achieve a large market share in only 10 years, said a senior executive at the China division of Citigroup Inc.
When China gained its membership in the World Trade Organization (WTO) in 2001, it promised to open its domestic securities industry to foreign capital. According to the promises, offices of foreign securities firms in China were allowed to become special members of the Chinese securities stock exchanges and to set up joint ventures to operate securities investment and fund management with a maximum stake holding of 33 percent.
During the last 10 years, China has developed from a fragmented market into a broadly internationalized market, said executives from DHL Global Forwarding, the freight unit of Deutsche Post AG.
Being a WTO member in the past 10 years, China had remarkable steps which are also new steps for all other countries and business partners Can we think about growth, stability and a sustainable world without China? You got the answer to the question, so let's take it as an opportunity. Alstom will continue to invest in China, for the future growth in China and international businesses outreach.
With more Chinese students going abroad for education, overseas universities are looking to open more branches in China or establish partnerships with Chinese universities.
China's auto market has become intensely competitive with ever-more brands and models for consumers to choose from.
Toyota Motor Corp announced that it will produce hybrid vehicles and key components in China in 2015 to cash in on the fledgling yet promising market for green cars.
Ford Motor Co will bring 20 new engines and transmissions to China by 2015 to power the 15 new models it plans to introduce during the period.
Veolia Asia CEO Jorge Mora, who used to be a judo fighter, is now fighting for environmental protection.
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