In a long awaited initial public offering, the Agricultural Bank of China (ABC) is setting up a 51.4 million stake in shares to the public. This will account for 16 percent of its total capitalization- the bank indicated that they would set the promotion of its new share sale ranging from 12 to 18 percent of its total capitalization. The lender's offer price has yet to be decided as ABC may still scale down the IPO size if market conditions remain unstable. It also seems that the offer price is seeing a fluctuation as the domestic capital market stays volatile ...

With more than 190 countries expected to register and participate, the Expo 2010 Shanghai China is the world's largest expo in history and has made headlines everywhere over the past couple of months. It is expected that China will be playing host to close to 100 foreign leaders and with around 70 to 100 million expected to visit this expo, you are most likely going to be one of them. Overwhelmingly, it is hard to know where to begin and what to see on this site spanning 5.28 square kilometers. To make things simpler, here is a condensed Traveler's Guide to experiencing the World Expo in Shanghai, China ...

It's no surprise that the Chinese have become the hot topic of journalists around the world as their headlines of ‘Will China's Consumers Save the World Economy' and ‘Shout out: China's Consumer to the Rescue' grace newsstands across the world. The amount of consumer spending in China has exploded exponentially, and this fact is spreading hope across countries everywhere as fast as journalists can write about them. As an all too familiar saying goes, “With great powers come great responsibility”, and the Chinese consumer in our time certainly has a lot riding on it's back. As one of the largest economic powerhouses with a gross domestic product that is in the top 10 of the world, international and domestic companies alike are flocking to market research companies in China to get their fair share of the Chinese consumer. There are around 300 million Chinese consumers born in this past decade who are substantially wealthier than their parent's generation and relatively unaffected by the difficulties of the past. And with the media concentrating heavily on the world's largest population, prestigious international companies are being welcomed by open arms to these consumers aged 14 to 28. In the past 5 years alone, qualitative research has grown to 30 percent and in 2006 alone, revenue was 625 million USD in this industry ...