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CITIC CONSTRUCTION
World’s Tallest Skyscrapers in 2025: Here’s a look at the highest buildings on EarthIn 2025, the Burj Khalifa remains the tallest building in the world. Other major skyscrapers include Merdeka 118, Shanghai Tower, and the M...
China pushes for expediting SEZ in Myanmar's Bay of Bengal zoneThe initiative could potentially cast a shadow over India's strategic interests in the region where it has been a traditional net security ...
Chinese state firms' help to troubled shadow bank does little to address investor concernsThe involvement of Chinese state-owned financial firms, Citic Trust and CCB Trust, in Zhongrong International Trust Co's operations and man...
Biggest gainers & losers of the day: Man Infra zooms 16%, Vishwaraj Sugar tanksMan Infraconstruction shares zoomed 16 per cent to 104.75, ahead of the issue of bonus shares. The company board had fixed the bonus date f...
China developer Kaisa pleads for help, 'patience' as sector's debt woes mountThe troubles of China Evergrande Group, the world's most indebted developer, have reverberated throughout China's real estate sector, spark...
Myanmar junta expedites work on China funded Kyaukphyu portThe junta has recently invited bids to provide legal services to the KPSEZ and deep-sea port project in Myanmar’s western Rakhine State, a ...
London’s newest ghost town was financed by ChinaThe U.K decision, under U.S. pressure, to ban Huawei Technologies Co. from building its 5G networks and the suspension of its extradition t...
Myanmar to trim Chinese loans to avoid debt trapThe Myanmar govt has stated that it won't provide sovereign guarantees for loans and will require a third-party audit on spending.
Capacit'e Infraprojects, Tata projects bags Rs 11,744 cr order from MHADAThe project includes any other structure along with construction of habitable temporary transit camps for redevelopment of project of BDD C...
The fishing port that may become a $10 billion Chinese debt bombAccording to analysts, the real danger of the port is that its extreme expense could lead the Myanmar government to take out an unsustainab...
China’s Rakhine investment behind its tacit backing of Myanmar on RohingyasWhat is more, China will actively block any attempt by other countries to get the Security Council to pressure Yangon into taking concrete ...
Chinese banks bear brunt of economic slowdownThe bad loan ratio at ABC came in at 2.02 per cent as of the end of September, while that of the other three lenders was around 1.45 per ce...
China sets up $28.3 billion fund to back PPP projectsChina today set up a $28.3 billion fund to support the public-private-partnership (PPP) projects as part of new reforms to halt the slide o...
- Sany acquires German company Putzmeister
Sany Heavy Industry, a major Chinese manufacturer of construction equipment will acquire the German concrete pump maker, Putzmeister Holdin...
- Olympic Bird's Nest to become entertainment, shopping centre
The Bird's Nest, which was a showpiece of the 2008 Olympics, will be converted into an entertainment and shopping centre in three to five y...
- China wealth fund takes a US Visa
China's sovereign wealth fund has taken a stake in Visa, according to a media report on Tuesday, dipping its toe back into the market as Be...
- China to shut factories, cut pollution before Games
China will shut coal-fired power plants, cement factories and chemical manufacturers near Beijing to reduce pollution before the Olympic Ga...
- China Citic Group likely to bid for Bear Stearns stake
China Citic Group, the overseas investment arm of the Chinese cabinet, may buy a stake in Bear Stearns, the US securities firm hit the hard...
- ICICI Bank joins elite global club
ICICI Bank, which turned into a trillion rupee (one lakh crore) bank following its follow-on issue, is a minnow in terms of its global rank...
- Chinese bank lines up world's largest IPO
Industrial & Commercial Bank of China, the nation’s biggest by assets, plans to raise as much as $19.1bn in the world’s largest initial pub...