Chinese appliance giant Haier pledged Wednesday to keep New Zealand's iconic Fisher & Paykel Appliances as a New Zealand company after taking over and delisting the firm on the New Zealand stock exchange
Beijing Automotive Group Co Ltd has set up a joint venture in South Africa to assemble minibuses, according to a report in gasgoo.com on Tuesday.
Chinese telecom equipment makers Huawei Technologies Co and ZTE Corp have agreed to share the source codes on their equipment with Indian authorities.
International manufacturing giants are ushering their Chinese partners to the global market in a bid to pursue bigger market shares for both.
Grey Group announced on Nov 28 it had signed an agreement to acquire, on conditional regulatory approval, a majority stake-holding in ArtM Communications Group.
China's State-owned CNOOC Ltd and its Canadian takeover target Nexen Inc have withdrawn and resubmitted an application for US approval of their $15.1 billion deal.
Citic Pacific Ltd's former deputy head of finance Chui Wing Nin was jailed for 15 months in prison and fined HK$1 million ($129,030) by a Hong Kong court for insider trading.
As millions of consumers climb into China's middle-class, investors are looking for opportunities in services with unexploited mass-market potential.
Terra Firma, one of the largest PE firms in Europe, plans to partner with China Development Bank to set up a $3 billion to $5 billion fund to invest in global renewable energy projects.
Caterpillar is in the process of temporary business adjustment in the Chinese market, with expansion slowing down and investment suspended.
A senior executive of Caterpillar said that the income-doubling goal set in a recent Communist Party of China report will be beneficial to the company's expansion in China.
The Asian subsidiary of private investment bank Rothschild will set up its Chinese mainland headquarters in the northern port city of Tianjin.