Sanpower Group Co Ltd, a Nanjing-based conglomerate, is in talks to buy high-end British department store House of Fraser Plc for more than 450 million pounds ($749.3 million), media reports said.
Developer China Vanke Co Ltd has an unfavorable view of this year's real estate market, and it will be "cautious" about buying land, company executives said.
When doctors ask a patient to weigh a decision on treatment, it usually signals something really serious.
Premier Li Keqiang said the central government will "take seriously" the increasing pressure on economic growth and introduce "effective policies" to target the problems that local officials have complained about.
China and the United States have achieved significant progress on negotiations for a bilateral investment treaty, which will contribute to the establishment of global investment rules, senior advisers said on Friday.
When the UK Prime Minister David Cameron visited Chengdu last year, he tasted authentic Chinese tea and spicy local hot pot.
The latest proof that Chengdu is gaining fame with multinationals is its listing as a recommended global investment destination by the Financial Times FDI Altas.
China's first rare earths exchange started trading on Friday as the biggest producer of the elements seeks to increase the role of the free market amid criticism overseas for limiting exports.
German automaker Volkswagen AG signed joint declarations with its Chinese partners on Friday.
General Motors Co will pull the Opel from China next year as part of a plan to focus the brand on the European market.
CNOOC Ltd's net profit fell 11.4 percent to 56.46 billion yuan ($9.11 billion) last year, even as output set records, the company said on Friday.
China's top securities regulator is encouraging candidates for initial public offerings to shift to the over-the-counter market to avoid a prolonged wait.
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