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  • More Chinese retailers 'eyeing London'

    2012-11-22 15:12

    London will see an influx of Chinese retailers over the next few years, with as many as five looking for stores.

  • Trade links deepen between China and Brazil

    2012-11-21 08:09

    Brazilian officials are visiting China to expand business between the two countries, especially in the food and drink sector.

    Alessandro Golombiewski Teixeira, Brazilian deputy minister of Development, Industry, and Trade, said the two countries have common interests in improving agricultural trade, which will help satisfy China's growing demand for agricultural products and create more jobs in Brazil.

    Brazil is the world's third-largest food exporter and China is the world's largest food consumer.

  • Sinopec agrees Nigerian oil deal

    2012-11-21 08:08

    China Petrochemical Corp, also known as Sinopec Group, has agreed to buy a block of oil in Nigeria for $2.46 billion.

  • Zhong Fu nodded to develop Aussie agro project

    2012-11-21 02:42

    A Chinese property company was awarded the rights on Tuesday to develop a farm project in Western Australia, following a series of high-profile deals related to agricultural resources in the country involving Chinese investors.

  • Fu helps Sinopec navigate overseas markets

    2012-11-20 08:11

    Shortly after Fu Chengyu became chairman of China Petroleum and Chemical Corp, or Sinopec, the company arranged to have an interpreter accompany him to an event where he was to speak to foreign guests.

    There, the 61-year-old gave practically everyone a surprise by speaking fluent English.

    Chinese energy companies are becoming more and more of a driving force in the global energy industry. And few people are more emblematic of Chinese companies' increasing prominence than Fu, who has overseen many of the largest mergers and acquisitions in the industry.

  • SOEs urged to invest overseas but avoid haste

    2012-11-16 09:58

    Even though State-owned enterprises have recently been making more outbound direct investments, they must be careful not to expand too quickly overseas.

  • ICBC to set up branches in Saudi Arabia, Kuwait

    2012-11-15 15:16

    Industrial and Commercial Bank of China Ltd got approval from local regulators to set up branches in Saudi Arabia and Kuwait.

  • COFCO sows seeds of further overseas growth

    2012-11-15 09:49

    China National Cereals, Oils and Foodstuffs Corp, or COFCO, plans to accelerate its expansion program abroad to meet growing demand at home.

    Ning Gaoning, chairman of the State-owned food processing giant, said the company is looking to expand its network of investments in the "world's major production areas" for agricultural goods, namely South and North America, Australia and Russia.

    "We plan to net the best agricultural goods worldwide to guarantee domestic market supply," said Ning.

  • Deloitte: China's outbound M&As to keep rising

    2012-11-15 08:03

    Chinese buyers of European targets 'are likely to be challenged by different management cultures'

  • Hutchison Water invests in Israel

    2012-11-14 11:20

    Hutchison Water, a unit of Hong Kong-based Hutchison Whampoa Ltd, bought an Israeli incubator known as Kinrot Venture and plans to invest 100 million shekels ($25 million) in it.

  • Private firms take lead in overseas M&As

    2012-11-14 09:51

    Private Chinese enterprises took part in more overseas mergers and acquisitions than their State-owned counterparts did in the past three quarters.

  • Power transmission, new-energy sectors eye overseas growth

    2012-11-14 09:27

    China's ultra-high voltage transmission and new-energy industries will expand rapidly in the next three years, with a steady move into the overseas market, said the chairman of a leading power transmission company.

    "The government is going to approve many UHV transmission projects in the coming years, to satisfy the energy demand during the economic expansion," said Zhang Xin, chairman of the Tebian Electric Apparatus Stock Co Ltd in the Xinjiang Uygur autonomous region, at a news conference of the 18th National Congress of the Communist Party of China.

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