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By understanding the Chinese market and working with China, he said, companies will benefit from growth in the area over the next 10 to 20 years.
CDB is the largest Chinese bank for foreign investment and financing cooperation. It chose Egypt as the destination for its first overseas representative office established in 2009 to be the only Chinese financial institution in Egypt.

By the end of June, China's outstanding balance of nonperforming loans to small businesses with a total credit line of up to 10 million yuan (.45 million) per borrower, namely, the balance of nonperforming "inclusive loans"-or loans to such small businesses-reached 0.4 trillion yuan, up 9.25 percent from the beginning of this year. The nonperforming inclusive loan ratio was 2.99 percent, 0.88 percentage point higher than the NPL ratio of various types of loans.
By making more expensive iPhones, Apple has been able to boost its profits despite waning demand as people upgrade phones less frequently. IPhones fetched an average price of 4 during the April-June period, a nearly 20 percent increase from a year earlier.
By the end of this year, for example, BMW will have built 80,000 charging poles in total in more than 150 cities across the country, and will offer free charging facilities and services to individuals in more than 135 cities across China, according to the automaker.
来源:资阳报