China has become the largest investment destination to Belgium, the booming bilateral trade became the new highlight of the two countries’ economic cooperation, said Liao Liqiang, China's Ambassador to Belgium on Wednesday.
As foreign companies search for new markets in China's tier-two and tier-three cities, more expat senior managers are being asked to leave the bright lights of Beijing and Shanghai to work in places they are not fully familiar with.
The Chinese telecommunications company Huawei officially opened its largest European Huawei Enterprise Office and Exhibition centre in the Netherlands.
EU countries will agree next month to talks with China on a pact making it easier to do business, possibly paving the way for a free-trade deal between two of the world's biggest markets.
The Chinese government's economic transformation and structural reform policies will be beneficial for Europe and China, analysts said.
China's central bank, announced Monday that it has signed a currency swap agreement worth $1.62 billion with the Hungarian central bank.
Belgian Prime Minister Elio Di Rupo has said that China's fast-growing economy can handle any economic difficulties.
As those of the post-1980 generation become the main breadwinners in China, one of the biggest questions is how the country will be able to support old people, who account for an ever growing proportion of the population.
Despite the outlook on profitability declining to an all-time low in China, European companies remain committed to the Chinese market.
Belgium-based Oleon NV in Europe, has the largest market share in Europe but it was only last year that it launched its first brand in China, with a team of just three people.
As property prices in Spain bottomed out and became stable, Chinese workers there are getting active in purchasing real estate.
The European Commission has decided to terminate anti-dumping proceeding concerning imports of steel tube and pipe butt welding fittings from China.
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