Chinese property developer Country Garden Holdings Co Ltd formalized a deal to buy a land in southern Malaysia's Johor state for $328.6 million.
Huang Nubo, chairman of Beijing-based Zhongkun Investment Group, is planning to protest directly to the Icelandic government after it ordered him to reapply for permission to go ahead with a major tourist project on the northeast coast of the island.
Huang said: "I feel I have been disrespected and deceived, as the owner of a private Chinese company trying to invest in Iceland."
Huang said he suspected the decision had been made because of discrimination against Chinese investors, and claimed it had broken World Trade Organization rules.
Fusheng Industrial Co, a Taiwan-based leading Chinese producer of air compressors, announced on Tuesday that it has acquired German compressor manufacturer ALMiG Kompressoren GmbH as Fusheng eyes expanding its global business.
China's SAIC Motor, MG's parent company, on Tuesday signed an agreement with Thailand's Charoen Pokphand Group to build a joint venture plant in Thailand to make MG cars, SAIC said in a statement posted on its website.
Shanghai Pengxin Group has completed the purchase of 16 dairy farms in New Zealand, after nearly two years convincing local authorities.
Entrepreneurs in northern China have been talking about the agricultural opportunities across the border since Russian President Vladimir Putin set out a plan to develop Russia's Asian areas at this year's APEC summit.
But it's not just talk. In fact, hundreds of companies and even individual farmers are already involved in agricultural projects in Russia's Far East, according to the commerce bureau of Northeast China's Heilongjiang province, which shares a border of more than 2,900 km with Russia.
China is expecting "record" levels of outbound direct investment by Chinese companies this year, and has vowed to ensure that momentum continues.
China's Ministry of Commerce has approved a plan by a Chinese auto parts maker to take over American battery maker A123 Systems Inc.
More foreigners are employed by or showed a stronger interest in working for China-based companies against a backdrop of the rise of the country's economy and the global expansion of many Chinese firms.
In addition to talented foreigners, Chinese companies are also very interested in taking people who have experience in foreign companies.
State Grid Corp of China, the world's largest utility company, announced plans on Thursday to gain a 41.1 percent stake in a large Australian power company.
The proposed deal would see State Grid buy the stake in ElectraNet Pty Ltd, which operates the electrical grid in Southern Australia, from the Queensland state government's Powerlink.
Earlier this month, Liu Zhenya, president of State Grid, said the company aims to quadruple its overseas assets by 2020, bringing their value as high as $50 billion.
Speed of innovation is the key to Huawei Technologies Co Ltd's competitiveness in Europe, said Tim Watkins, the company's Western European vice-president.
Lenovo Group Ltd started selling smartphones in Russia as it seeks to extend its global dominance in personal computers to mobile phones and tablets.
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