"The Sino-Japanese dispute over an island group threatens to expand into a trade war. Because of the massive protests several Japanese electronics producers have shut down their factories in China. Chinese state media warn Japan facing a “lost decade”. "
Japanese firms stops Production in China
The second largest bank in China will buy abroad. It aims at the largest acquisition in the history of China’s financial industry. The aim, according to the “Financial Times”: Europe. $ 15 billion, the China Construction Bank has therefore provided for a purchase of a European institute.
Chinese banking giant plans to record-buying in Europe
The plans by the European Commission Union Bank will probably not come the new year. The euro finance ministers could communicate in Cyprus on a schedule. Among others is still debated whether the new banking supervision continue to oversee all financial institutions in the 17 euro countries.
Europe – Banking splits euro finance ministers
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