China

Industrial and Commercial Bank of China Limited (ICBC) posted a net profit of RMB276.3 billion (€41.5 billion) for the year of 2014, representing a growth of 5.1% over 2013, the bank announced on March 26, 2015. In 2014, in response to…

Chinese investors are doing a far higher value and volume of M&A deals in Europe than European investors in China, according to data from Deloitte. In 2014 Chinese companies and financial investors announced 79 deals in Europe, compared…

China’s economy will not suffer a hard landing even as it braces itself for a further slowdown this year, Li Keqiang, Premier of the People’s Republic of China, told delegates at the World Economic Forum in Davos, Switzerland, yesterday.…

China's economy expanded 7.3% in the final quarter of last year, beating expectations and recording a 7.4% expansion for the year as a whole, but failing to meet the government's 7.5% target. Growth slowed from 1.9% to 1.5%…

The IMF has cut its global growth forecast for 2015 to 3.5%, down 0.3% from its October prediction. It expects a lower oil price to be positive for the global economy, but to be offset by negative factors. The IMF believes a lower oil…