BlackRock acquires MGPA, boosts Asia-Pacific and European operations
2013-05-21 21:48:52
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.
Bayer wants to export technology made in China
2013-05-21 21:31:11
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.
Domestic airlines post core business loss in April
2013-05-21 21:19:16
The nation’s three major airlines all saw a revenue slump in April due to declining seat-kilometers and ticket prices, sources said.
H1 reports show various fortunes
2013-05-21 20:08:36
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.
China warns EU against probe into telecom equipment
2013-05-21 18:16:30
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.
Marine-based economy on wave of growth
2013-05-21 15:24:42
China's marine-based economy exceeded 5 trillion yuan ($820 billion) last year, accounting for 9.6 percent of the national economy.
UBS downgrades GDP growth
2013-05-21 14:47:45
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.
Central China Expo inks deals worth 447b yuan
2013-05-21 11:07:05
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.
Tightened govt spending critical for public services
2013-05-21 10:05:22
China is building a frugal government, which is needed for the present and upcoming economic situation, and critical to improving public services.
Experts call for urgent measures to tackle debt
2013-05-21 07:06:37
China's growing level of local government and corporate debt has become a major issue for the nation's financial system, according to experts.
Pilot free trade zone planned in Nansha New Area
2013-05-21 07:06:37
Authorities in Guangdong province are planning a pilot free trade zone in Nansha New Area, according to local government sources.
Investment, not austerity
2013-05-21 08:02:36
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.