THE Lenovo Group’s US$1.25-billion purchase of IBM’s personal computer business three years ago was the pioneer for Chinese companies in overseas mergers and acquisitions.
The purchase paid off when Lenovo saw its income from PC sales rocket with a more recognized brand name and easier access to other overseas markets.
Tags: CNOOC, Energy, Finance, food, foreign-investment, IBM, [...]
Tangshan, the city flattened in China’s 1976 earthquake, may sell shares to help finance a $29 billion industrial park, the centerpiece of the nation’s largest land- reclamation project.
Ownership of the Caofeidian Industrial Zone, including a port, may be transferred to two city-owned investment companies that would then offer stock to local or overseas investors, Xue Boxun, [...]
Australian miner Cape Lambert Iron Ore Ltd said on May. 29 that the nation’s Foreign Investment Review Board (FIRB) had approved Cape Lambert to sell its iron ore project to China Metallurgical Group Corp (MCC).
The approval of this deal will give Chinese investors much more confidence to step into Australia’s mining industry, as reported.
Tags: foreign-investment, [...]
“Hot money”, or speculative capital, is becoming an increasingly important concern for Chinese regulators as anticipation of an inflow surge strengthens along with a widening gap between interest rates in the United State and that in China.
The exact amount of “hot money” into the country would be difficult to discern, however, there is indeed an [...]
China’s Huawei Technologies HWT.UL, a telecoms equipment maker, is mulling the sale of a multibillion dollar stake in its mobile devices unit to a foreign investor, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Citing those people, the Journal said the potential sale is at an early stage and could be [...]
Kunming International Airport, which is slated to be the fourth largest international airport in China, is seeking a foreign investment of US$400 million to fund its development, sources reported.
Funds run by Macquarie, Goldman Sachs and Singapore’s Changi Airport are said to have showed their interests in this investment. Spokesmen for Kunming Airport, Goldman and Changi, [...]
