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Geely's move to acquire Proton in the limelight. More global acquisition to follow suit backed on the Belt and Road Initiative. [Photo/Agencies]
Given that the NPL burden has been relieved and experience gained in dealing with NPLs, such as debt-to-equity swaps, Lian expects the NPL ratio to be stable during 2017-2018 period.
General Fan Changlong, vice-chairman of China's Central Military Commission, made a two-day visit to Djibouti in November 2016. It was the first time that the top officer in the PLA had visited the African country.
Georgia will see more Chinese investment in its power, financial services, railways and port construction sectors this year, said Dimitry Kumsishvili, the country's first deputy prime minister.
Gaspar Gascon-Abellan, executive vice-president, Product Engineering of Groupe Renault, said in his speech, "This is the right direction and the first quality results of Kadjar and Koleos confirm this strategy."
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Global poverty has been falling for decades: In the 1960s, around 50 percent of the world population was living in extreme poverty (defined as living on less than .90 per day). Today, that number is around 10 percent.
Gates pointed out that the sample he held up at the Reinvented Toilet Expo hosted about 200 trillion rotavirus particles, 20 billion shigella bacteria and 100,000 parasitic worm eggs, among other pathogens.
Geely's innovation center in Hangzhou will also be used by Terrafugia. In anticipation of the transaction, Terrafugia's team of engineers in the US has been tripled over the past quarter with Geely's support.