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Chinese firms' dominance in Africa's construction and real estate sector is pronounced. They accounted for nearly 50 percent market share of Africa's international EPC (engineering, procurement and construction) market, according to a report by global consulting firm McKinsey& Co.
Chinese economists and foreign research institutions predict a positive Chinese economy, thanks to the country's stable operation of the supply side, improved domestic demand and supply relationship, and optimized economic structure, despite of the increasing uncertainties of home and abroad economic environment, people.com.cn reported.
Chinese investment bank China International Capital Corporation has sealed an agreement to acquire a majority stake in US asset management firm Krane Funds Advisors. [Photo/VCG]
Chinese online education startup Yuanfudao announces it has become the official e-learning service sponsor of the Beijing 2022 Winter Olympic and Paralympic Games. [Photo/Yuanfudao's official Weibo account]
Chinese and Thai crews (clockwise from top) work on search and rescue on Sunday in the waters off Phuket, Thailand, near the site of Thursday’s deadly capsizing of two ships.ZHANG SHIbo / FOR CHINA DAILY