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Yum! Brands' proposed bid for Chinese hot pot restaurant chain Little Sheep Group will be subject to China's anti-monopoly inspection process, Ministry of Commerce spokesman Yao Jian said Tuesday.
Can Chateau Latour catch Chateau Lafite? We'll find out on May 27, when vintages from Latour's cellar in Bordeaux, aged as much as 150 years, go on sale at Christie's International in Hong Kong.
China's State-owned investment company Citic Group and its partners agreed to buy Gold One International Ltd for about A$444 million ($469 million) to gain gold assets in South Africa.
Sinosteel Group, China's largest iron ore trader, has announced the appointment of Jia Baojun as its president to replace the outgoing Huang Tianwen, according to the company's website on Monday.
Beijing municipality is in talks with "several" large foreign equity investment institutions, and plans to jointly launch more private equity funds in mid-June 2011 to promote the listing of local companies, said an official with the Beijing Municipal Bureau of Financial Work.
China Mobile said on Monday that its mobile communications signals have been extended to provide service on the Nansha Islands.
China may become the second-largest market for the French pharmaceutical company Sanofi-Aventis SA within five years, according to the company's Chief Executive Officer Christopher A. Viehbacher.
US-based Honeywell International Inc is in the final stages of establishing three joint ventures with Chinese firms to supply aviation parts for the C919 - China's homemade narrow body commercial airplane - said its top executive.
Chinese airline companies are increasingly recruiting pilots and flight attendants as the industry experiences rapid expansion.
Carlyle Group, one of the world's largest private equity firms, has just closed a second round of fundraising for its Beijing yuan-denominated fund, which now totals 3.2 billion yuan ($492 million).
Alibaba Group released a report summarizing the company's contribution to the quake-afflicted Qingchuan area, in Sichuan province, over the past three years, Sina.com reported.
Amway Co Ltd donated 30 computers and a number of extra-curricular books to a primary school in Taishan, Guangdong province, local newspaper Jiangmen Daily reported.
