Carmaker may find the going tough in China after pollution-cheating scandal
A consortium led by Chinese and Indian railway companies has been chosen to conduct a feasibility study on a 1,200-kilometer high-speed railway line between New Delhi and Mumbai, indicating that Chinese railway firms are making rapid strides in the lucrative Indian market.
Imagine writers making a living like a street musician: after reading an article, readers tip the author if they like it.
The United States is expected to be the second-largest destination for Chinese outbound mergers and acquisitions this year, with high-tech companies being the most-sought-after targets, experts from Deloitte said on Wednesday.
Chinese acquirers in 2014 completed just 67 percent of their outbound mergers and acquisitions deals, far less than developed-world acquirers, according to a report by the Boston Consulting Group.
Most of the Japanese companies in China are willing to expand their operations, signaling improved business sentiment after a sharp contraction last year, a top Japanese trade official said on Wednesday.
China National Offshore Oil Corporation, the country's largest offshore oil and gas producer, is forming a joint venture with a private company for deep-water oil exploitation and exploration, in what is being seen as a major step forward in its plans for a more mixed-ownership structure.
China National Petroleum Corporation plans to attract private investment for part of its West-East gas pipeline business. The company is also planning to restructure its oil and gas-service company.
LeTV Sports, the sports arm of China's biggest online video company LeTV Holdings Co Ltd, has snapped up the Hong Kong rights to the English Premier League soccer games for the next three years starting 2016, as part of its efforts to bring in new technology and securing a number of exclusive television properties.
Yantai Changyu Pioneer Wine Co Ltd, a leading Chinese wine producer, has stepped up its overseas moves with the acquisition of Marques del Atrio, a wine company in Spain.
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Raymond Zhou
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