Zhuzhou CSR Times Electric Co has bought United Kingdom-based subsea equipment manufacturer, Specialist Machine Developments Ltd, for about 130 million pounds ($191.6 million).
Segway Inc, the United States-based short-distance personal electric vehicle maker, is now a Chinese company thanks to smartphone maker Xiaomi Corp and its co-founder Lei Jun.
First-quarter investment in the real estate industry plunged to the lowest point in nearly six years, according to data released by the National Bureau of Statistics on Wednesday.
Economists are hoping new infrastructure investment will inject vitality into the slowing Chinese economy, which is currently being held back by a lagging property market and continued overcapacity in the manufacturing industry.
DJI Technology Co is now a leading domestic drone manufacturer, but it had only 90 employees in a single office when it was founded in 2006 in Shenzhen, Guangdong province.
More aggressive loosening measures are needed. The fall in the interbank interest rate in recent weeks clearly demonstrated the intent of the central bank to ease financing conditions. Further reserve requirement ratio cuts are necessary to lower real interest rates and we believe this is likely to happen in the coming weeks.
South Pacific finds its place on official TV demonstration map of trade, investment plan
Companies from China should be aware of the significant risks and the considerable opportunities as the government implements a strategy to revive the historical trading connections along the ancient Silk Road, said a report from a United Kingdom-based think tank.
Alibaba Group Holding Ltd risks being blacklisted in the United Stated after a clothing trade group filed a complaint against the company alleging that the e-commerce giant has tolerated the sale of counterfeit and pirated goods on its Taobao platform.
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Raymond Zhou
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Chen Weihua
