Video PlayerClose URUMQI, Dec. 8 (Xinhua) -- Rich in resources but remote, Xinjiang in China's far west has become a magnet for investors for its unique position on the Silk Road. In a workshop of the Amer International Group in Urumqi, capital of Xinjiang Uygur Autonomous Region, workers are busy adjusting and packing laptops. Recently, Amer sent the first batch of 2,000 laptops it produced for the German company TrekStor to the European market via China-Europe freight trains. Headquartered in the southern Chinese city of Shenzhen, Amer invested 20 billion yuan (around 2.8 billion U.S. dollars) to build an industrial park in Xinjiang in 2018. So far, the industrial park has produced and exported around 1.5 million mobile phones, according to Wang Wenyin, the founder and chairman of Amer International Group. "We saw Xinjiang's geographical advantages, so we established the industrial park and cooperated with our counterparts in South and Central Asia in the fields of smartphones and … [Read more...] about China Focus: Xinjiang, an emerging investment hotspot
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Lee Jae-yongOn Oct. 25, Samsung Group’s de facto leader Lee Jae-yong was sitting in the Seoul Central District Court after Korea’s Supreme Court ordered the lower court to review a suspended jail sentence Lee received on bribery charges related to former President Park Geun-hye.Lee may have been charged with bribery, but the successive court appearances also gave some insight into how the man in charge of Samsung envisions the future of one of the world’s largest conglomerates.In 1993 at 51 years of age, Lee’s father and the conglomerate’s former Chairman Lee Kun-hee announced the “Frankfurt Declaration” which marked the start of a new management initiative to push for drastic innovation to overcome crisis.Standing in a series of Seoul courtrooms embroiled in a national corruption scandal, 51-year-old Lee Jae-yong ended up giving his own declaration as well.Lee’s declaration Lee came closest to his own take on his father’s Frankfurt … [Read more...] about Out of the courtroom and into the boardroom
The Communist Party of India has deplored the Prime Minister Narendra Modi-led BJP government at the Centre for following “faulty” economic policies favouring the rich and influential that plunged the country into an economic crisis.CPI general secretary D. Raja said the economy was in “shambles” with falling GDP and unemployment/under employment rate at a 45-year high. Eligible youth were facing a gloomy and uncertain future as the government “miserably failed” to effectively manage the economy. “The Prime Minister who assured creation of two crore jobs every year in the first tenure seldom speaks about it now,” Mr. Raja said. The government at the same time was doling out largesse to the corporates and big business houses as could be seen from the recent statement of Union Finance Minister Nirmala Sitaraman on the significant cut in Corporate Tax. The government through its “reckless” disinvestment policies was selling away … [Read more...] about CPI deplores economic policies of BJP government
मैं 35 साल का हूँ और म्यूचुअल फंड में पहली बार निवेश कर रहा हूँ. मैं यह जानना चाहता हूँ कि मेरा पोर्टफोलियो कैसा होना चाहिए? मैं 9-11 साल की अवधि के लिए निवेश करना चाहता हूँ. मैं 10,000 … [Read more...] about पहली बार निवेश करने वाले के लिए कैसे बने SIP पोर्टफोलियो?
Over 40 die in major fire at Delhi’s Anaj Mandi areaThe building did not have a No Objection Certificate (NOC) from the Fire Department, said Atul Garg, Director, Delhi Fire Services. | One of the worst tragedies in Delhi | Building owner, manager arrestedUnnao rape victim's last rites performedThe victim’s sister was adamant that Chief Minister Yogi Adityanath himself come to their residence and promise action in the case. Senior officials and police officers from Lucknow made several failed attempts of negotiation before the family agreed to performing the last rites.Citizenship (Amendment) Bill to be tabled in Lok SabhaThe Bill has triggered widespread protests in northeastern states with a large section of people and organisations opposing the Bill, saying it will nullify the provisions of the Assam Accord of 1985, which fixed March 24, 1971, as the cut-off date for deportation of all illegal immigrants irrespective of religion. | What is Citizenship (Amendment) … [Read more...] about Top news of the day: Over 40 die in Delhi grain market fire, Unnao rape victim laid to rest, and more