MEXICO CITY Balenciaga Triple S Noir Pas Cher , Nov. 24 (Xinhua) -- Chinese car-maker BAIC, which assembles cars in the Mexican state of Veracruz, said on Friday that it plans to export cars from Mexico to the United States and Canada starting in 2018.


Yang Nanhua, director general of BAIC in Mexico, said the plan would go into action "unless something drastic happens with the North American Free Trade Agreement (NAFTA)."


The landmark free trade agreement between Mexico, Canada and the United States is currently undergoing a tough re-negotiation process, at the behest of U.S. President Donald Trump.


"We are very confident that Mexico is a market with not only a great sales potential, but also a strategic (hub)," said Yang during a press conference for the 2017 MAPFRE Carshow in Mexico City.


Yang also said that BAIC would bring four new models into Mexico in 2018, including an electric vehicle with a range of up to 200 km. He added that the company is looking to enter the Mexican aeronautical industry.


Tian Jinghai, assistant to the director general of BAIC International Development, told Xinhua that the company intends to offer its products to the Mexican market and to satisfy a broader demand.


"We intend to offer the best products and services to Mexican consumers, as well as provide a better image of Chinese brands in Mexico," said Tian.


Tian also noted that "the Mexican market is a priority," and BAIC also wants to expand its market to the rest of Latin America and North America.


"The U.S. market is very mature and full of competition, as it is the second-largest (automotive) market. For any Chinese automotive company, this represents a great challenge, as well as opportunities, to enter this market. BAIC is no exception," said Tian.


"We are improving our product development and technological offering to meet American rules and laws," Tian added.


BAIC sells its products in countries such as Colombia, Chile, Brazil, Peru and Venezuela. Its production in Mexico is also expected to serve these markets.




PARIS, Aug. 3 (Xinhua) -- French luxury group Kering and Chinese e-commerce company Alibaba announced their cooperation on Thursday to protect brands' intellectual property rights.


In a joint press release, the partners said the new partnership would see the companies "fight against infringers in order to provide the best consumer experience and a trusted environment."


"This agreement reflects the parties' firm belief that taking proactive measures and using advanced technology will help law enforcement bodies and other relevant authorities address the challenges of intellectual property infringement," they added.


Under the agreement, the two groups had set up "a joint task force" aimed at "collaborating fully, exchanging useful information, and working closely with law enforcement bodies to take appropriate action against infringers of Kering's brands identified with Alibaba's advanced technology capabilities."


As part of the new cooperation, the French luxury group has dropped its lawsuit against the Chinese e-commerce giant filed in 2015 in New York over alledged counterfeit brands sold on Alibaba's websites.

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BEIJING, Feb. 12 (Xinhua) -- China's onshore and offshore RMB bond markets will expand and diversify in 2015, as the Chinese currency gains more global clout, Moody's Investors Service forecast on Thursday.


""The evolution of the RMB into an international reserve currency is driving volume growth and diversification in the offshore RMB bond market,"" said Ivan Chung, a Moody's senior vice president.


""We expect offshore RMB bond issuance to grow even as the U.S. dollar strengthens and China's onshore interest rate falls,"" Chung added.


China's central bank cut benchmark interest rates for the first time in more than two years in November 2014.


In the offshore market, more regional state-owned enterprises and Chinese non-bank financial institutions are expected to make their debut as they expand funding channels, Moody's said.


In China's onshore RMB market, the company identified regional and local government bonds and asset-backed securities as strong growth drivers.


Moody's also predicted that asset-backed securities (ABS) market to continue its fast growth in China this year. In particular, it expected to see more auto ABS transactions to satisfy the needs of lenders in the car market.

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TIRANA, March 19 (Xinhua) -- Bank of Albania announced on Thursday business credit in January 2015 amounted to 401 billion lek (3.05 billion U.S. dollars) or 2.5 percent more than the same period last year.


Banking system experts believe that improving the liquidity situation in the market has been determining, where a paramount role is played by settlement of arrears in the public sector to entrepreneurship.


Albanian Telegraphic Agency said that most macroeconomic parameters of Albania continue to improve and this is reflected in business relationships with banks.


by Christine Lagat


NAIROBI, Aug. 22 (Xinhua) -- Kenya will scale up investments in water harvesting and irrigation infrastructure in a bid to accelerate a shift from rain-fed agriculture that has undermined attainment of food security in the country, an official said on Tuesday.


Principal Secretary for Planning and Statistics Irungu Nyakera said in a commentary published by the Daily Nation that national and county governments will enact sweeping policies to boost rain water harvesting and irrigation as a means to address endemic hunger and malnutrition.


"A monumental shift from rain fed agriculture will offer solution to food insecurity that has been detrimental to development of this nation," said Nyakera, adding that erratic rainfall patterns have worsened poverty and inter-communal tensions in arid . Hockey Jerseys Cheap Cheap Jerseys From China Cheap Nike NFL Jerseys Wholesale Soccer Jerseys Free Shipping Wholesale Authentic NHL Jerseys Wholesale Authentic NBA Jerseys Wholesale Authentic MLB Jerseys Wholesale NCAA Jerseys Free Shipping Wholesale NFL Football Jerseys Wholesale NCAA Kids Jerseys