In the news: Vanke and Baidu pair up, Sinopec and FTSI form a JV and the PBOC cuts reserve requirements for small banks

June 12, 2014 | BY

clpstaff &clp articles

This week Vanke used the internet to expand its services, Sinopec agreed to explore China's unconventional resources with a US fracking company and small city and rural lenders' reserve ratio requirements were reduced

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China Vanke partners with Baidu


The country's biggest developer by sales revenue has announced a strategic partnership agreement with Baidu, in order to use the internet to expand its services