China's recent move to cut interest rates and lower the reserve requirement ratio (RRR) was very different from quantitative easing(QE), the central bank said in a statement.
Experts say Russia will be the next gold mine for China's technology companies.
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China's new energy vehicles (NEVs) are shifting into high gear fueled by a string of favorable policies, with strong sales despite a lackluster automobile market.
Comments to Russia-24 TV channel
- Caderus in Media
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Andrei Akopian, Managing partner of Caderus Capital
China plans to set up a national fund of up to 60 billion yuan ($9.4 billion) to encourage the growth of small and micro-businesses.