President Xi Jinping and other Communist leaders to meet up for the third plenum of China. As the final quarter of 2013 comes around, China's economy has undergone an acceleration in manufacturing and exports creating momentum for the Beijing leadership to be confident on possible policy shifts to be implemented for the next decade.
China
China's SASAC open to allowing private sector interests in state firms
In a recent statement, the State-owned Assets Supervision and Administration Commission or SASAC had welcomed the move to allow the private sector to purchase interests in state owned or controlled corporations.
China's free trade zone an experiment for its future
Many analysts say the lack of transparency may put the free trade zone experiment in China in jeopardy, unless it is confirmed as one of the economic priorities of the Third Plenum of the Chinese Communist Party.
Alibaba benefits from e-commerce frenzy at 11.11 Fest as it nears IPO
Several industry observers believed that Alibaba's upcoming IPO on November 15 would not be eclipsed by the media frenzy of Twitter Inc's recent public listing.
Private equity firm Hopu makes a comeback after a two-year lull
Private equity firm Hopu Investment Management Co. raised a new fund with USD 1.1 billion under management. Hopy re-entered the investment business after a two-year lull.
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A source told Bloomberg that Carlsberg was looking to buy the Tsingtao Brewery Co and Beijing Yanjing Brewery Co.
With the allowance of Baidu for Bitcoin, China's appetite for the virtual currency grows. Nearly a third of the world's Bitcoin transactions are done in China.
Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.
Bo Xilai's political supporters have formed a political party named Zhi Xhian Party where Bo Xilai was named as 'chairman for life'.
China's key Communist Party meeting expected to yield monumental economic and political reforms.
China Cinda Asset Management would be listing its shares in Hong Kong with a projected share volume sale of USD2 billion.
Fosun International raised USD500 million from selling convertible bonds. Fosun International, the largest privately-owned conglomerate in China, managed to raise HKD3.
Beverage giant Coca-cola Co said it would invest USD5 billion in China between 2015 and 2017 to counter competition.
Energy Excelerator, a new startup program in Hawaii, poured USD5 million into 15 innovative firms for the development of clean energy.
