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Consultancy company Capgemini China announced Friday that it has taken over PraxiSolution, a Chinese consultancy firm, underscoring its desire to break into the country's electrical power market.
Carrefour SA China signed a strategic memorandum with the Ministry of Agriculture in Beijing on Friday, a move in line with the Chinese government's eagerness to tame rising inflation.
As part of its strategy to move into China's second- and third-tier cities, Cyma SA aims to expand sales of watches designed especially for the Chinese market to 500 in the next five years.
Airlines linking Beijing, Shanghai and cities between the two cities have been searching for ways to prevent passengers from flowing onto the new high-speed line that will start operation on June 30.
According to data from the latest BrandZ survey, released by Millward Brown, an associate of global advertising giant WPP Inc, Chinese clothing brand Metersbonwe figures prominently in the top 10 most valuable global clothing brands.
The top three main challenges foreign companies face when posting employees in China are compliance issues, elevated compensation and immigration issues, a survey by Ernst & Young has indicated.
Sinosteel Midwest Corp, a unit of Sinosteel Corp, suspended work on a A$2 billion ($2.1 billion) iron ore project in Western Australia because of "uncertainty" about the development of the Oakajee port and rail development.
Rio Tinto Ltd, the world's No 2 iron ore miner, will drop its prices by up to 3 percent for Chinese steel mills for the third quarter, sources with knowledge of the contract details told Reuters.
Seven months after it entered the Chinese market, the international consumer electronics retailer Media Markt on Thursday revealed plans to expand its presence across the nation.
The State Post Bureau clamped down on 56 express-delivery companies over a two-month period in an effort to regulate an industry that has been experiencing rapid development, but lacks proper management.
Eyeing increasing demand in the home products sector, Sweden-based retailing giant Ikea is accelerating its expansion in China and plans to have 15 stores in the country by the end of 2015.
Demand for civilian helicopters in China is expected to climb from the 170 currently in service to more than 1,500 over the next decade, making China a huge potential market, Wang Bin, president of AVIC Helicopter Co, said recently.
