China's second largest cell phone carrier said yesterday they expect the iPhone to attract over one tenth of China’s 3G users in the next couple of years.
China on Thursday rejected requests made by the United States, the European Union and Mexico to establish a WTO expert panel to investigate and rule on so-called Chinese restrictions of raw materials exportation.
Central Huijin is buying a 38.8 percent stake in New China Life Insurance Co Ltd from Insurance Protection Fund, the latter said in a statement yesterday.
CIC, the nation's sovereign wealth fund, said yesterday it would spend HK$5.5 billion to buy a 20 percent stake in GCL-Poly Energy Holdings Ltd, the first time it has invested in a domestic renewable energy company.
China Minsheng Banking Corp, the nation's first privately owned lender, raised HK$30.1 billion in Hong Kong's biggest public share sale since April 2007, three people familiar with the matter said.
