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Chinese conglomerate HNA Group has acquired a majority 82.5 percent stake in Hahn airport in western Germany, its owner, the state government of Rheinland-Pfalz, said in a statement on Wednesday.
Strengthening relations with Beijing is vital for the British capital, amid the uncertainty of Brexit, said the Lord Mayor of the City of London following his visit to China.
BEIJING - Cindat Capital Management Ltd, a Chinese investment firm focusing on overseas property, is seeking to spend $2 billion this year on elderly homes in the United States to capitalize on an ageing population.
Hershey Co, the biggest chocolate maker in North America, will cut about 2,700 jobs from its global work force because of declining overseas sales, especially in China where its 2013 purchase of Shanghai Golden Monkey (SGM) has turned out to be more of a problem than a business builder.
China Coal Zhangjiakou Coal Mining Machinery Co Ltd, one of the country's leading manufacturers of coal mining equipment, said it was confident that a newly-made investment in the alpine and winter sport business sector would turn out to be fruitful.
JinkoSolar Holdings Co Ltd, the world's largest solar panel producer by shipments, will join force with Japan's Marubeni Corporation and the Abu Dhabi Water and Electricity Company (ADWEC) to develop one of the world's largest photovoltaic power plants in Abu Dhabi.
Chinese publisher NetEase Games is poised to expand its mobile games business in the United States this year following last year's soaring earnings from mobile games.
Beijing - Tesla's revenue from China last year tripled to more than $1 billion, indicating better traction in the market Chief Executive Elon Musk had predicted could eventually become the company's biggest.
Competition in China's bike-sharing sector is set to intensify as the startup Ofo announced on Wednesday it had raised 3.1 billion yuan ($450 million) from investors including Digital Sky Technology.
The skyrocketing share value of SF Holding, China's largest courier company, has come back down to earth, but analysts are concerned that its low share trading value will continue to attract idle money for speculative activity.
South Korea's Lotte Group has suffered from sluggish growth in its retail business in China, analysts said.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
