Acquiring low-priced overseas assets and exiting some mature businesses is Hong Kong-based conglomerate Hutchison Whampoa Ltd's strategy to maintain sustained growth for the year.
Although Tesco Plc's spacious stores are well-lit and spotlessly clean with wares tastefully displayed, Helen Wang seldom shops there. Wang, 32, of Beijing, prefers to buy most of her groceries at Wumart Stores Inc, a Beijing-based chain, where she can easily find fresh delicacies including raw chicken feet, which are always heaped on a table, or cheap vegetables.
Emerging markets may soon pip Europe in attracting Chinese solar panel companies because of a saturated market, shrinking margins and punitive actions are clouding investment prospects on the continent, experts say.
When Zhang Zhenwei, general manager of the Kern-Liebers China Group of Companies, took up his position 18 years ago, rice paddies surrounded the company's new site.
When Kenya embarked on changing to a fully digitalized broadcasting network by the end of 2015, Okalebo Stephen, a 42-year-old fruit seller in Nairobi, was happy about having a greater choice of entertainment channels - but worried about how much it would cost.
Who would have thought that pigs would play an important role in deciding the future of economic cooperation between China and the United States?
Stability is a good word. As the economy's performance data for July point to a return to stability, so does the stock market.
China Mobile Ltd saw its data traffic more than double in the first half of the year, as the world's biggest phone company by number of users shifts focus from voice and message services to data services.
The long-awaited deal between Apple Inc and China Mobile Ltd might be announced soon, after China Mobile's Chairman Xi Guohua said that both sides have shown "a positive attitude" in the ongoing talks to launch an iPhone that can run on China Mobile's network.
China's first investment fund targeting the public rental housing market while retaining equity ownership will be launched in Shanghai's Hongkou district. It could be converted into a real estate investment trust to trade publicly when the regulatory environment allows, sources said.
Not all of the business activities of China National Petroleum Corp in Chad have been suspended after a crude oil spill incident that it is cleaning up while negotiating with the government, said a source in the State-owned oil company.
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Raymond Zhou
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