BlackRock Inc announced on Tuesday that it had entered into a definitive agreement to acquire MGPA, a private equity real estate investment advisory company in Asia-Pacific and Europe, significantly extending its real estate investment capabilities in these regions.
Germany-based Bayer Group said that while China is continuously exporting products to the global market, it’s also expected to export technology to the rest of the world.
The nation’s three major airlines all saw a revenue slump in April due to declining seat-kilometers and ticket prices, sources said.
Of the 913 A-share listed companies which have posted half-year financial reports by May 20, 129 said they forecast a loss in the first half of 2013.
The interests of both sides would be hurt if the European Union (EU) goes ahead with an anti-dumping and anti-subsidy investigation into mobile telecommunications equipment from China, said a senior Chinese official on Tuesday.
China's marine-based economy exceeded 5 trillion yuan ($820 billion) last year, accounting for 9.6 percent of the national economy.
UBS downgraded China's GDP growth forecast from 8 percent to 7.7 percent in 2013 and 7.8 percent in 2014, the investment bank said.
A total of 435 contracts were signed at the eighth Central China Expo, yielding an investment value of 446.9 billion yuan, nearly triple that of last year's event.
China is building a frugal government, which is needed for the present and upcoming economic situation, and critical to improving public services.
China's growing level of local government and corporate debt has become a major issue for the nation's financial system, according to experts.
Authorities in Guangdong province are planning a pilot free trade zone in Nansha New Area, according to local government sources.
Guizhou is not China's most prosperous province but it is investing heavily. It would be easy to plead any number of reasons not to.