Next Media's pending sale was held back by protests and other hindrances. Jimmy Lai, the Hong Kong billionaire, has offered his Taiwanese newspaper and magazine for sale but did not push through.
Tags: China
Research Shows Faked Loans In China's Big Banks
China's big banks are not providing more credit to small and microsized firms. According to a researcher, the big banks of China are not lending more to the smallest firms.
SinoPac To Sell 20% of Banking Unit to ICBC
ICBC would be the first Chinese bank to invest in a Taiwanese Bank, SinoPac. SinoPac Financial Holdings Co. Ltd of Taiwan would be selling off a 20% share of its banking unit.
CBRC and FSC agree on new regulations
Taiwan and China enter into new regulations on investment in financial institutions and holdings companies.
China's Conflict on Environmental Compliance
The thrust of central government to improve pollution standards is being bucked by state owned companies and local government executives fearful of loss of jobs and business in their areas.
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BGI-Shenzhen acquires Complete Genomics after regulatory approvals from China and the US were obtained.
Foxconn to dissolve JV with Metro AG. Foxconn Technology Group, after its failed joint venture with Metro AG, a German retailer has said it will turn to China for expansion of its retail business.
Richter partners with marketing arm to conquer Chinese market. Richter, the Hungarian drug maker has just entered into a joint venture partnership to be able to market its products better in the world's largest market, China.
Xerium Technologies Announces Another Step In Its Restructuring Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of clothing and roll covers used primarily in the paper production process, is announcing today the closing of 2 more of its manufacturing plants, the further reduction of headcount in Europe and the movement of polyurethane roll casting equipment to China.
As we have long expected, China is beginning to decelerate. As we have long expected, China is beginning to decelerate. Recent data releases have suggested that the country's economy is undergoing a rapid and traumatic rebalancing as policymakers steer away from resource-intensive investment and infrastructure activities and toward a more sustainable consumption-driven model.
Investment will be Used for B5M Website Development, Marketing and Ongoing Innovation B5M, a next-generation social shopping search engine in China, today announced a $7.
