China will become the main customer for Iraqi oil by the 2030s, with the Middle Eastern country overtaking Russia to become the world's second-largest oil exporter by then, the International Energy Agency said on Monday.
China has become Malaysia's third-largest source of tourists, following Indonesia and Singapore. In the first half of the year, 758,300 Chinese tourists visited Malaysia, up 34 percent year-on-year, according to the Malaysia Tourism Bureau. While private companies are trying to grasp investment opportunities in Malaysia, China's State-owned enterprises have tapped into the market, which is China's largest trading partner among members of the ASEAN.
The private company HOdo Group Co Ltd, a textile and garment company in Wuxi, Jiangsu province, is looking to expand its presence in Sihanoukville, a province in southern Cambodia.
Chinese Commerce Minister Chen Deming has led a government trade delegation to Colombia to strengthen bilateral economic and trade ties.
China UnionPay reached an agreement with Himalayan Bank, Nepal's largest commercial lender, to further expand the acceptance of CUP bank cards in Nepal.
According to the latest statistics from the Thailand Board of Investment, China was the country's second-largest source of foreign direct investment in 2011.
Chinese companies have applied to take part in more than 180 investment projects in the last five years, worth a total investment of $4.15 billion.
China's largest food processor, manufacturer and trader, COFCO, establishes a local team after a subsidary company bought local citrate factory last year.
China's Haier Group agreed with Singapore's Global Logistic Properties on developing a state-of-the-art logistics network for the distribution of household appliances in China.
The tiny Kingdom of Bahrain is promoting itself as the perfect gateway from which Chinese firms can expand their business interests throughout the Gulf.
Lenovo NEC Holdings BV, the $175-million Sino-Japan JV formed last year, is targeting a 30 percent share of the Japanese market within three years.
Chinese companies are now increasingly interested in investing in ASEAN as the China-ASEAN Free Trade Agreement took effect in 2010.
Lenovo Group Ltd, the world's second largest PC maker, will continue to expand in the Indian market by opening more than 300 new shops next year.
China and India are the two countries most often compared with each other among the economic grouping known as BRIC nations.
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