Finding the right chemistry in China
2011-01-13 14:40:48
The world's largest listed plastic adhesives manufacturer will invest between $50 million and $60 million in China over the next two years, three times the company's current investment, said a top executive from the US-based company.
Cliffs buys mining firm to feed Asia's iron needs
2011-01-13 13:32:02
Cliffs Natural Resources Inc agreed to buy Canada's Consolidated Thompson Iron Mines Ltd for about C$4.9 billion ($4.96 billion) to expand iron ore sales to Asia, the world's largest market for the steelmaking raw material.
Michelin navigates its way into nation's lucrative map market
2011-01-12 10:55:44
French tire maker Michelin entered China's map market on Tuesday by launching the first in its World Destination Travel Map Series, a move to take a bigger slice of China's booming outbound travel market.
EBay's Paypal to set up int'l E-Commerce hub in Chongqing
2010-12-30 14:09:53
EBay Inc's PayPal business will set up an international e-commerce hub in Chongqing, as the company aims to boost exports from the nation by helping merchants conduct faster cross-border trade, Bloomberg News reported Thursday.
China delays NSN's $1.2b buy of Motorola unit
2010-12-30 10:39:50
Nokia Siemens Networks' (NSN) agreed $1.2 billion acquisition of Motorola's telecom network equipment arm has been delayed by the Chinese regulator, which has yet to grant permission for the deal, Reuters reported Thursday.
Vestas' Chinese orders hit high in 2010
2010-12-30 09:56:50
Danish wind turbine maker Vestas said its orders from China this year reached a record high as the country invests more heavily in clean energy, including wind power, Reuters reported Thursday.
Total looks to China for business deals
2010-12-29 10:16:43
French giant oil company Total, which plans to spend more next year to bolster its market share, is looking to China to improve businesses in Asia, a local daily reported on Tuesday.
Agria and New Hope look to pastures new
2010-12-25 11:00:20
PGG Wrightson Ltd shares rose the most in 14 months after a Chinese company bid to take partial control of New Zealand's largest agricultural services company.
Li Ka-shing said to plan yuan IPO in Hong Kong
2010-12-22 16:32:24
Li Ka-shing is preparing what may be the first yuan-denominated initial public offering (IPO) in the city in the first half of 2011, Bloomberg News reported Wednesday, citing two people with knowledge of the matter.
Volkswagen Group expects China sales to grow 10-15%
2010-12-20 16:32:23
Volkswagen AG expects its group sales in China to grow 10 to 15 percent next year as the pace of growth slows in the world’s biggest auto market, Bloomberg News reported Monday.
Watch company finds its time to start expanding
2010-12-20 09:25:16
Swiss premium watch manufacture Jaeger-LeCoultre expects China to become its biggest market in the world over the next five years because of the big potential for the luxury watch sector in the emerging market, Jrme Lambert, the company's global president, told China Daily.
KKR to invest in China's largest liquor store chain
2010-12-16 11:09:15
Private equity firm Kohlberg Kravis Roberts & Co (KKR) said on Thursday it will invest in China's largest liquor store chain, adding another Chinese consumer asset to its Asia portfolio, Reuters reported Wednesday.