Jun 29, 2015

Japan hopes AIIB will meet standards befitting an international body

The government said Monday it hopes the China-led Asian Infrastructure Investment Bank to be launched by the end of the year will meet governance and other standards appropriate to an international financial institution. Japan hopes that by meeting such standards, the bank “will play ...

Slowboat to China: No quick fix for luxury yacht firm Ferretti

Jun 29, 2015

Slowboat to China: No quick fix for luxury yacht firm Ferretti

When Chinese industrial conglomerate Weichai Group snapped up cash-strapped Italian luxury yacht builder Ferretti in 2012, the deal looked like a match made in heaven. Debt-laden Ferretti, known for the elegant Riva speedboats favoured by film star Sophia Loren, was the world’s top maker ...

Jun 29, 2015

China's UN climate pledges 'expected': state media

China is expected to unveil its long-awaited national pledges to reduce carbon emissions beyond 2020, a state-run newspaper said Monday, as Chinese Premier Li Keqiang visits Belgium and France ahead of a Paris climate summit. The world’s number one emitter has yet to put ...

At summit, EU hopes to deepen ties with China

| Jun 29, 2015

At summit, EU hopes to deepen ties with China

The European Union will briefly put aside worries about Greece to broaden its relations with China at a summit in Brussels on Monday, hoping for Chinese investment in Europe’s new infrastructure fund and support for a global climate deal. As China seeks to move ...