Business

China Tops World's M&A Deals in Q1

Charissa Echavez   | Apr 09, 2016 10:16 AM EDT

China was named the biggest buyer in the world of mergers and acquisitions (M&A) in the first quarter of the year, global financial data provider Dealogic said in a report. read more

Hong Kong, Shenzhen, Shanghai Among World's Top 5 Stock Exchange

Charissa Echavez   | Apr 09, 2016 08:53 AM EDT

Three stock exchanges from China made it to the world's list of top five biggest exchanges with the most initial public offerings (IPO) earnings in the first quarter of the year, according to professional service firm Deloitte. read more

Huaxi Group, iMeigu Jointly Post Bid to Acquire Chinese e-Commerce Dangdang

Charissa Echavez   | Apr 09, 2016 08:57 AM EDT

Two Chinese companies formed a consortium to acquire all outstanding shares and American depository shares (ADS) of Chinese e-commerce firm Dangdang. read more

Australian PM to Lead Biggest Ever Business Contingent to China Next Week

Girish Shetti   | Apr 08, 2016 09:57 AM EDT

Australian Prime Minister Malcolm Turnbull will lead a strong business contingent of 1,000 business leaders to China next week, as Australia seeks to further deepen its economic ties with China. read more

Hong Kong Slides to 4th Place in Global Financial Hub Ranking

S Satapathy   | Apr 08, 2016 09:32 AM EDT

In the latest ranking of the top global financial centres released by research group Zen onWednesday, April 6, London continues to top the list with New York in the second position. But in a significant change of position, Hong Kong slipped to the 4th slot, while Singapore climbed one place to become the 3rd leading global financial centre in the world. read more

South Sea China Dispute Could Determine Future of Asia

S Satapathy   | Apr 09, 2016 12:46 PM EDT

The test for the future of Asia is now centered on the South China Sea. Security experts in the region believe that the controversy around the China's claims to this area may jeopardize the peace, security and commerce in the region. read more

Ivanka Trump's Made in China Scarves Recalled due to Burn Risk

Charissa Echavez   | Apr 07, 2016 04:35 PM EDT

Nearly 20,000 China-made scarves belonging to Donald Trump's daughter Ivanka Trump have been recalled, as they did not to meet the United States' federal flammability standards for clothing and pose a risk of burning, the Consumer Product Safety Commission announced on Wednesday. read more

Jaguar Land Rover’s Sales in China Rises by 13 Percent, Shrugging off Economic Slowdown

Girish Shetti   | Apr 07, 2016 04:00 PM EDT

Jaguar Land Rover posted an impressive 13 percent rise in its annual sales in the previous financial year in China, shrugging off the impact of the ongoing slowdown in the Chinese economy. read more

China's Raw Milk Prices Will Continue to Decline Due to Supply Glut - Analysts

Charissa Echavez   | Apr 08, 2016 10:03 AM EDT

China will continue to see a decline of raw milk prices because of a persisting supply glut that is affecting suppliers and benefiting sellers, according to analysts. read more

Housing Market is the Biggest Cash Cow of Chinese Government

S Satapathy   | Apr 07, 2016 12:35 PM EDT

In China, real estate is responsible for 15 percent of the country's gross domestic product (GDP), 15 percent of fixed asset investment, 15 percent of urban employment, and 20 percent of all bank loans, according to the International Monetary Fund (IMF). read more

China's Shandong Ruyi Technology to Buy KKR's SMPC Share

Charissa Echavez   | Apr 08, 2016 09:18 AM EDT

China's Shandong Ruyi is buying Kohlberg Kravis Roberts & Company's 70 percent share in the French luxury brand SMCP Group, KKR announced on Thursday. read more

Chinese State-Run Newspaper Compares North Korea’s Instability to Political Turmoil in Syria

S Satapathy   | Apr 07, 2016 11:02 AM EDT

China's state-run People's Daily has, in an opinion piece in the Xiakedao column, compared the instability in the Korean peninsula with the political turmoil in Syria, noting that North Korea has become an increasing threat to China. read more

Chinese Car Maker SAIC Motor Eyes India to Drive up Revenue

Girish Shetti   | Apr 07, 2016 10:23 AM EDT

China's top car manufacturer SAIC Motor Corp is planning to enter into the lucrative Indian market, as the company struggles to cope with sluggish demand back home. read more

Alibaba Celebrates South China Morning Post Acquisition by Dropping Paywall

Rina S.   | Apr 07, 2016 08:53 AM EDT

Alibaba is looking to dominate online newspaper arena with its aggressive strategy. The company recently acquired South China Morning Post along with the Hong Kong editions of Cosmopolitan, Elle and Esquire. read more

Chinese Home Appliances Manufacturers Making Waves in International Markets

Jenia Cane   | Apr 06, 2016 03:36 AM EDT

Chinese home appliances manufacturers are starting to make their mark in international markets. read more

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