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Big established companies can shift IT spending from a capital expenditure to an operating expenditure, the kind of change that warms the cold cockles of the finance department’s heart. The cloud also allows them to take advantage of the world-class infrastructure operations of companies like Amazon Web Services, Microsoft, and Google that most of those companies wouldn’t know how to duplicate, even assuming they could afford to copy that expertise.

Bilateral investment remains robust. China pumped more than .95 billion into Germany in 2016, a 258.6-percent increase year-on-year, while Germany invested in 392 projects in China with an investment volume of .71 billion.

Bob Wekesa, a senior lecturer with the Department of Journalism and Media Studies at the University of the Witwatersrand, said the initiative proposed by president Xi in 2013 aims at connecting Asia, Europe and Africa using overland corridors and shipping lanes to boost global trade.

Bond turnover for the quarter declined marginally to billion compared to .134 billion registered in a similar period in 2016.

Big data, AI and robots now part of recruitment, talent retention and appraisals