Fujian Grand Chip Investment Fund
Chinese Overseas Investments Grew 40% in 2016
| S. Rina | | Jan 12, 2017 11:26 PM EST |
China reported a record increase in its overseas investments in 2016. Chinese firms raised their investment spending across the globe with special emphasis on technology-related acquisitions and advanced manufacturing operations.
Guangdong Southern Tigers Outlast Fujian Sturgeons in Overtime, Join Shanghai Sharks on the Top of CBA’s Team Standing
| Ritz Agranum | | Jan 05, 2017 08:27 PM EST |
The team of Guangdong Southern Tigers continued to soar high in the 22nd season of the Chinese Basketball Association (CBA) as they nosed out the 16th-ranked Fujian Strurgeons with a 123-113 overtime triumph in the league’s 25th round on Wednesday night.
China Incensed After Obama Blocks Aixtron Takeover Deal
| Charissa Echavez | | Dec 06, 2016 11:24 AM EST |
China urged the US to stop interfering foreign corporate merger and acquisitions, after outgoing US President Barack Obama blocked the sale of Germany's Aixtron SE to China's Grand Chip Investment GmbH because it reportedly poses national security risks.
German Chipmaker Aixtron Says U.S. Opposes Chinese Takeover Deal on Security Grounds
| Girish Shetti | | Nov 19, 2016 12:58 PM EST |
German chipmaker Aixtron's pending acquisition by China's Fujian Grand Chip Investment Fund (FGC) seems to have hit a minor roadblock. The German chipmaker said that it had received a recommendation from the Committee on Foreign Investment in the United States (CFIUS) to block the proposed takeover deal.
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