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Analysts say heavy import tariff cut to boost premium car sales

Anhui province will invest 1.3 trillion yuan in nearly 7,000 projects this year, a provincial development and reform commission official said at a press conference on Friday in Hefei city. [Photo provided to chinadaily.com.cn]

Analysts said the participation of Chinese companies in Malaysia's Islamic finance market is in line with Malaysian government policy to promote the country as an Islamic funds hub.

And it's impossible for the US to demand that China, the largest developing country, solve its problems overnight even if it's in China's best interest.

Analysts believe that smaller Chinese city banks and rural lenders will appeal to major foreign players looking to invest in the sector, such as HSBC and Standard Chartered.