 |
|
|
 |
|
HNA Group Company Ltd, a diversified services provider, has acquired a majority stake in a Turkish maintenance, repair and overhaul (MRO) company to facilitate China's fourth-largest airline to penetrate the aviation networks in Europe, Asia and North Africa.
Burgeoning Chinese inbound and outbound tourism has provided a boost for US-based Marriott International Inc to further tap the domestic hospitality market and lure more Chinese tourists traveling abroad to its businesses, a senior company executive said.
Chinese authorities have launched a large-scale investigation into the country's three largest State-owned telecom carriers on suspicion of corruption.
China National Gold Group Corp, the State-owned company that controls the nation's largest gold deposits, wants to invest in projects in Africa as it expects bullion to trade near record levels for the next three years.
An electronic waste recycling company, jointly funded by Japan's Panasonic, Sumitomo, DOWA Group and China's Hangzhou Dadi Environmental Protection Co Ltd, will be built in east China's Zhejiang province.
CNOOC Ltd, China's biggest offshore oil producer, sold a 25 percent stake in a license to explore for hydrocarbons in Qatar to Total SA of France as the Chinese company seeks to reduce risk.
One of China's e-commerce giants has stepped up its heated rivalry with brick-and-mortar retailers by launching a five-story home furnishings showroom in Beijing.
Rio Tinto Group, the world's third-largest miner by market capitalization, said it will double its procurement of goods in China to reach $1 billion this year, further highlighting long-term collaboration with the world's largest iron ore consumer.
A company that imported Chinese powdered royal jelly into New Zealand, and sold it in capsules claiming it was "Made in New Zealand" has been fined 11,400 NZ dollars ($9,137) for violating the country's Fair Trading Act.
The Luggage maker Samsonite Group, backed by private equity firm CVC Capital Partners, moved closer to its $1.5 billion Hong Kong initial public offering, setting an indicative range for the deal on Monday, as it bets on booming Asian demand for global consumer brands.
Bicycle manufacturers are keeping a close eye on the high-end market in China after industry experts said the sector is the only way for them to enjoy long-term development.
China Railway Group Limited (China Railway) announced Saturday that it has signed a side agreement with Myanmar to jointly build a rail transport construction project in Myanmar.
