BRICS: China

The Chinese government has made the move to serve notice on the country’s foreign investment spree in football clubs, skyscrapers and Hollywood as it moves to curb rising levels of debt among domestic companies.

 

South Africa has finally launched the African Regional Centre of the New Development Bank. In 2015, the New Development Bank was launched with the opening of the head office in Shanghai, China

 

Last year, Beijing banned any more "bizarre" buildings. Now, China's State Administration for Industry and Commerce has continued the government's crusade for normalcy with restrictions on such names as 'scared of wife' or 'prehistoric powers'.

 

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