China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Glencore-Xstrata conditions highlight a shift from considering global M&A deals on purely antitrust grounds and may herald more aggressive rulings

The Economic Observer reports: Source: 

CHINA Vanke Co, the country's largest developer by market value, has entered into a strategic partnership with Keppel Land Limited that will see both companies jointly develop properties in Singapore and China.

OIL fell as low as US$86 a barrel yesterday before recovering and finishing slightly higher.

STRONG housing and earnings reports helped US stocks rebound from their worst day of the year.

French retailer Carrefour has added a new greater central region department in China. Prior to this, Carrefour's Chinese structure included the east China region, the north China region, the northeastern region, and the central and western region. Afte…

Following the recent change of its chief executive officer, Chinese e-commerce group Alibaba has now announced new executive appointments. According to the group, Cai Chongxin, former chief financial officer of Alibaba Group, will be new executive vice…

While Xi Jinping is cooking up the China of the future, a television import is bringing culinary drama to the masses, writes Patti Waldmeir

CHINA'S antitrust authorities removed the last obstacle to Glencore's US$30 billion takeover of miner Xstrata yesterday after the commodities trader agreed to sell a US$5.2 billion mining project to ease its grip on copper.

CHINA'S biggest digital map provider AutoNavi and Nuance Communications will cooperate in voice-enabled navigation services, the firms said in Beijing yesterday.

CHINA plans to put 150,800 hectares of land on the market for housing projects this year, the Ministry of Land and Resources said yesterday.

SMALL Chinese shipbuilders will sink over the next five years as the industry continues to consolidate, according to the country's largest private shipbuilder China Rongsheng Heavy Industries Group Holdings.

CHINA'S outbound investment increased 14 percent in 2012, with Europe being the top destination for Chinese investors, an industry report said yesterday.

CHINA still trails the United States and Europe in the number of private jet owners despite the rapid growth in recent years, participants at the Asia Business Aviation Conference and Exhibition heard yesterday.

THE International Monetary Fund has lowered its outlook for the world economy this year, predicting that government spending cuts will slow US growth and keep the euro currency alliance in recession.

US defense contractor Lockheed Martin yesterday announced plans to build a green energy power plant that will use variations in ocean water temperature to generate electricity, taking a big step toward making the 130-year-old concept commercially viable.

MOODY'S Investors Service yesterday affirmed Aa3 rating for China's government bond but cut its outlook to stable from positive as not enough progress has been made in reducing risks in government debt and reining in credit expansion.

A Chinese auditor raises fears about local government debt, saying it could spark a bigger financial crisis than the US housing market crash