It is unclear whether the merger between Dacheng and Dentons will be a template for the future development of the legal industry. But it has already prompted Chinese law firms to reflect on their overseas strategies and begin exploring similar tie-up opportunities.
Poor understanding of legal environment the main cause, say experts
Dalian Wanda Group Co is looking to expand the reach of Spain's Atletico de Madrid, the soccer club brand it partially owns, in China this year.
Chinese investors have been moving from core office and residential developments into leisure and industrial assets when they seek opportunities in overseas realty markets, a study said.
While many lower-tier cities grapple with vast volumes of unsold housing, some developers choose to beat a path to an untapped market, reports Zheng Yangpeng in Hefei.
Chronic air pollution and unclear regulations are the major obstacles for most of the United States-based companies operating in China, a survey said on Wednesday.
China and Australia are expected to sign a landmark free trade agreement in the second quarter of this year and implement it from the fourth quarter onwards, an Australian official said on Wednesday.
The fast-moving consumer goods market recorded slower growth last year, although momentum picked up in fourth-tier cities.
Fujian-based sportswear giant Anta Sports Product Ltd posted its best-ever annual sales performance on Wednesday, after its initial public offering in Hong Kong in 2007.