China's outbound direct investment will outstrip incoming foreign direct investment for the first time this year, a report on the globalization of Chinese enterprises forecast on Wednesday.
Private equity and venture capital investment in China's telecommunications, media and technology sector, or TMT, was in full swing in the first half of 2014, but investors are being more prudent in the second half and that situation will continue next year, according to a report by PricewaterhouseCoopers on Wednesday.
Reforms rather than targets should be priority, says World Bank report
Steel exports soared 39.3 percent year-on-year to 65.34 million metric tons in the first nine months of 2014 as domestic demand remained soft and prices fell, the China Iron and Steel Association announced on Wednesday.
Analysts point to lack of cash and poor decisions by management
COFCO Corp, China's largest grain trader, plans a public listing of some of its assets, including a majority stake in Noble Group Ltd's agribusiness unit that it bought this year for $1.5 billion.
The impending merger of China's top trainmakers, China CNR and CSR Corp, will end the harmful price war between the two companies in overseas markets and give the merged entity a clear edge over other global peers, industry experts said on Tuesday.
Put Apple Inc's Tim Cook and Alibaba Group Holding Ltd 's Jack Ma under the stars together and a partnership just might bloom.
The gap between the Chinese mainland's reported exports to Hong Kong and the city's imports from the mainland widened in September to the highest level this year, suggesting that fake export-invoicing is again skewing trade data.
Online financing industry gets more support from investors, reports Zheng Yangpeng.
China's makers of rail and mass transit equipment are developing fast amid fierce competition by manufacturers from around the world, said a senior executive at an industry forum.
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