Haier pledges to maintain 'unique' NZ appliance firm

2012-11-28 16:42:18

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 to produce minibuses in S. Africa

2012-11-28 16:05:03

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.

Huawei, ZTE agree to share source codes in India

2012-11-28 15:40:24

Chinese telecom equipment makers Huawei Technologies Co and ZTE Corp have agreed to share the source codes on their equipment with Indian authorities.

Manufacturing giants take Chinese firms intl

2012-11-28 15:14:48

International manufacturing giants are ushering their Chinese partners to the global market in a bid to pursue bigger market shares for both.

Grey buys ArtM Communications Group

2012-11-28 15:02:34

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.

CNOOC, Nexen reapply for US deal approval

2012-11-28 14:59:35

China's State-owned CNOOC Ltd and its Canadian takeover target Nexen Inc have withdrawn and resubmitted an application for US approval of their $15.1 billion deal.

Ex-CITIC Pacific's Chui jailed 15 months

2012-11-28 13:35:37

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.

Private equity firms heeding call of services industry

2012-11-28 11:16:51

As millions of consumers climb into China's middle-class, investors are looking for opportunities in services with unexploited mass-market potential.

PE guru offers helping hand to China

2012-11-28 11:14:03

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 adjusts China plan

2012-11-28 11:08:21

Caterpillar is in the process of temporary business adjustment in the Chinese market, with expansion slowing down and investment suspended.

China conducive to Caterpillar's expansion

2012-11-28 10:56:27

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.

Rothschild sets up mainland headquarters in Tianjin

2012-11-28 10:10:31

The Asian subsidiary of private investment bank Rothschild will set up its Chinese mainland headquarters in the northern port city of Tianjin.