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China / Business

Russia-China fund to invest $500m this year

[2017-05-16 08:24]

The Russia-China Investment Fund, a private equity fund formed by the Russian Direct Investment Fund and China Investment Corp, will invest more than $500 million in 2017 in Russia and China in infrastructure, agriculture, technology and consumer sectors, according to its senior executives.

Capacity cuts seen as opportunities for Rio

[2017-05-12 07:14]

Rio Tinto Chief Executive Jean-Sebastien Jacques said he was not concerned that China's continuing fight against overcapacity in its steel sector would hurt the business of the mining behemoth.

Coca-Cola's new CEO fights digital threat to soda-buying habits

[2017-05-12 07:14]

ATLANTA - As Coca-Cola Co Chief Executive Officer James Quincey settles into his new job, he's facing a challenge that most of his predecessors never worried about: digital disruption.

Belt and Road Initiative to boost China-Egypt trade

[2017-05-12 07:14]

CAIRO - The Belt and Road Initiative will "open up huge opportunities" for deals between Egypt and China in terms of mutual trade and investment, a leading researcher and authority at a Cairo-based institute said. "The philosophy of the initiative is based on the concept of development as well as trade," said Mohamed Fayez Farahat, head of the Asian Studies program at the state-run Ahram Center for Political and Strategic Studies.

Alpha's cartoon heroes take on the world, triumph in sales

[2017-05-12 07:14]

Alpha Group Co Ltd, one of the country's top animation and toy producers, said it was bullish it would maintain its rapid business growth internationally by exploiting the value of the intellectual rights and properties it owns.

Yihua plans massive $1b invest in Gabon

[2017-05-12 07:14]

Yihua Enterprise (Group) Co Ltd, the bellwether of the country's listed timber companies that ventured overseas for forest resources, said it is going to aggressively expand its business in Africa with a $1 billion investment in Gabon, on the west coast of the continent.

Yili eyes major US yogurt firm

[2017-05-12 07:14]

Dairy giant plans to spend $850 million on purchase of 100 percent stake in Stonyfield

Bond link-up could debut before July 1

[2017-05-11 06:49]

Hong Kong Exchanges & Clearing (HKEx) Chief Executive Li Xiaojia said on Wednesday that he hoped the much-awaited bond trading link between the Chinese mainland and Hong Kong could be launched before July 1, as a fitting tribute to the 20th anniversary of the handover.

Experts call on convenience stores to improve service

[2017-05-11 06:49]

The number of convenience stores in China is approaching 100,000, generating more than 130 billion yuan ($18.8 billion) in sales in 2016.

Dollar funds for Gansu infra show foreign investors upbeat on China

[2017-05-11 06:49]

Gansu Provincial Highway Aviation Tourism Investment Group Co, the largest State-owned enterprise of Northwest China's Gansu province by asset volume, will issue the second round of US dollar-denominated bonds in European markets in the second half of this year.

Udmurtia benefits from Sinopec

[2017-05-11 06:49]

Chinese companies' activities related to corporate social responsibility or CSR outside China are setting new standards, and Udmurtia Petroleum Corporation or UDM is a shining example.

Cosmetics sale offers scholars donations, jobs

[2017-05-11 06:49]

The fifteenth edition of the annual L'Oreal Campus Charity Sales, which started at Shanghai-based Fudan University on May 4, will have a larger footprint, more products, lower prices, bigger donations and an online dimension for the first time.

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