COFCO Corp, China's largest food company, has invited investment banks to submit proposals for a possible group restructuring, people with knowledge of the matter said.
More Chinese companies will seek mergers and acquisitions in Central Asia and Eastern Europe, and linking prime global resources with China's huge market can be a wise M&A philosophy.
The nation's reform agenda is taking hold, building on three decades of unprecedented growth that has lifted millions of Chinese out of poverty. Despite the economic slowdown, projections that the Chinese economy will grow by more than 7 percent and create more than 10 million jobs this year are still far more favorable than the outlook in many economies.
Economic relations between China and Britain are expected to continue to boom and become even more active under the new Conservative government.
The nation's healthcare sector has evolved erratically since 1949, when the People's Republic of China was founded.
Honeywell International Inc Chief Executive Officer Dave Cote is open to considering acquisitions in water and healthcare, both potential new business lines, as he examines a pipeline of more than 100 possible deals.
Nissan Motor Co will have vehicles packed with autonomous driving technology by 2020 but whether people will be able to drive them on roads is up to government regulators, Chief Executive Carlos Ghosn said on Monday.
Global beef prices may decline on rising US pork and poultry supply and on signs that demand from some emerging markets is weakening, Australia & New Zealand Banking Group Ltd said.
In her Saudi Arabia homeland, Lubna Olayan can't drive, show her hair in public or leave the country without her husband's permission. She can, however, run one of the nation's biggest conglomerates.
For months, Su Dan has been traveling back and forth between Italy and China, tasked with the monumental job of overseeing the first national pavilion that China has built outside its borders.
As China deepens its economic cooperation with France, an increasing number of French companies want to recruit top Chinese talent to gain a foothold in the Chinese market.
This year's Shanghai auto show, the most eagerly awaited industry event in China, may have captured global headlines for the absence of the usual scantily clad models, but it was most notable for the step-wise increase in the competitiveness of the Chinese car brands on display.
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Raymond Zhou
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