The apparent collapse of the joint-venture China-US construction of the world’s largest solar power plant has underscored the perils that can be faced by foreign companies trying to break into the lucrative Chinese market.
It also highlights the need for foreign companies to enlist business advisory firms with proven track records in assisting foreign companies to [...]
Chinese state-owned Baotou Steel Rare-Earth High-Tech Co and Jiangxi Copper Corp, two of China’s largest rare-earth miners, have announced a unified pricing system, according to the China Daily.
China supplies 95% of the world’s rare-earth oxides, so therefore Baotou and Jianxi will virtually control the market, good news for China as it can control use and [...]
Mining giant Rio Tinto has posted a record first-half profit, driven by iron ore sales to China, with net earnings up 260 per cent to almost US$6.4 billion.
Rio has announced plans to spend about US$13 billion over the next 18 months, displaying its confidence in Chinese demand, even though China has started the process of [...]
Billionaire investor Warren Buffet and Microsoft founder Bill gates have revealed they are fans of Chinese suit maker Trands, and Buffet believes China is the future of fashion.
Trands, based in Dalian in China’s northeast, is one of several up-and-coming Chinese brands taking on Gucci, Armani and Prada.
Chinese sales of luxury goods grew by 12 per [...]
On show in Beijing was An extra-long Rolls Royce alongside the fastest ever Ferrari road car made
The cars made their debut in Beijing as luxury car makers attempt to attract the attention of Chinas new super-rich consumers in the world’s biggest market.
Rolls Royce sold two models holding a price tag of nine million RMB (1.3 [...]
TAIPEI : Taiwanese banks are in a race to become the first among their peers to have operations in China.
Six lenders have filed applications to set up branches on the Chinese mainland.
This follows a package of agreements signed between China and Taiwan last year, aimed at further liberalising trade and investments.
Taiwanese banks and financial institutions [...]
China National Petroleum Corp (PetroChina) announced on April 19 that the company has signed a long-term credit-for-oil deal and agreements with Venezuela to develop the Junin 4 oil block there in the capital Caracas, on April 17 local time.
PetroChina and China Development Bank, along with Venezuela Social Development Bank, state-owned Petroleos de Venezuela, Venezuelan Ministry [...]
Chinese home appliance retailing leader Suning Appliance Co., Ltd. (SZSE: 002024) starts building a logistics base in Chongqing, an emerging electronics manufacturing center in west China where there have been a list of electronics names such as Hewlett-Packard Development Company (NYSE: HPQ | Quote | Chart | News | PowerRating), Foxconn Industrial Group, Quanta Computer [...]
Tesco has plans to develop further retail and leisure space in China within the next five years, More than it now operates in the United Kingdom.
Tesco’s Being one of the worlds biggest retailer by sales volume is planning to open 80 shopping centres across China by 2016, Which means that Tesco will expand more in China [...]
Chinese businesses have expressed keen interest in Indonesia’s infrastructure, manufacturing and energy sectors, particularly in power plants, a senior minister has said.
“China will allocate more than US$15 billion [for investment] in the ASEAN region. For Indonesia, this will be prioritized on infrastructure and transportation,” Coordinating Minister for the Economy Hatta Rajasa said in Jakarta on [...]
