Samsung Electronics Co Ltd said it has halted doing business with a supplier in China over suspected use of child workers - the first time it has taken such a step - following criticism that its monitoring of suppliers' labor practices has been lax.
Beijing-based Reignwood Group is buying a 25 percent stake in a top-selling coconut water brand owned by All Market Inc in the United States to expand the drink into this fast-growing niche beverage market in China.
US-based mobile app Uber officially launched its car service in Beijing on Monday, and is expanding to six Chinese cities, including Shanghai, Guangzhou and Shenzhen. Uber started its test operations in Beijing two months ago.
If Shanghai is to become an important component of the global economy, its government should better serve the city's people and businesses.
China's Hony Capital Ltd's acquisition of the United Kingdom restaurant chain PizzaExpress Ltd, the largest acquisition in five years in the European restaurant sector, also signifies China's soaring appetite for foreign food.
China Huaneng Group Corp, the biggest power generation company in the country, said it will invest about 10 billion yuan ($1.61 billion) this year to upgrade emissions-control equipment, a move to meet the government's requirement for air quality improvement.
Arnout van Rijn cannot resist a good arbitrage opportunity.
Dianping.com is boosting its reliance on Tencent Holdings Ltd's smartphone applications as the consumer review website seeks to add users from inland cities.
Top baijiu producer Wuliangye Yibin Co Ltd and leading agribusiness operator New Hope Group Co Ltd have set up a joint venture to turn distillery waste into feed, and raise cows with the feed.
Some current and former employees of China's Alibaba Group Holding Ltd are expected to become millionaires as the e-commerce conglomerate heads into what is expected to be one of the largest initial public offerings in global history.
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Raymond Zhou
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Chen Weihua
