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China Daily Website

  • Ethiopia expects more Chinese factories

    2012-12-25 13:26

    Ethiopia, one of the least-developed countries in the world is hoping Chinese companies will consider opening more factories there.

  • Train companies' exports gain steam

    2012-12-25 11:17

    Chinese train manufacturers' exports increase quickly this year as the reputation of domestic innovations becomes stronger around the world.

  • Machinery makers rev up overseas

    2012-12-25 10:00

    Africa has become an increasingly important investment destination for Chinese machinery and auto companies.

  • CIC vies for office complex in London

    2012-12-25 09:33

    China Investment Corp, the country's sovereign wealth fund, is reported to be among a trio of Asian investors vying to buy an 800 million pound ($1.3 billion) London office complex, in what could become the latest in an increasing number of international property deals by Chinese buyers.

    According to the Financial Times, citing unnamed resources, the deal would be the United Kingdom's highest value property deal since the start of the financial crisis.

  • BYD exports three electric cars to Thailand

    2012-12-24 17:28

    China's battery and electric car maker BYD Co Ltd recently delivered three pure electric e6 cars to Thailand power company Metropolitan Electricity Authority.

  • China company to revitalize Serbian rail

    2012-12-24 11:11

    Beijing based Chinese Construction Communication Company International will participate in reconstruction of Serbian railways.

  • China's ODI to US and Europe rise

    2012-12-22 15:56

    China is reporting an overall increase in its outbound direct investment to the United States and most of Europe this year.

  • Chinese companies' cross-border M&A rising

    2012-12-22 10:03

    Chinese companies have seen steady growth in cross-border M&As while expanding overseas, according to statistics issued by the MofCom.

  • Geely seeks control of London cab maker

    2012-12-22 09:14

    China's privately owned automaker Zhejiang Geely Holding Group Co is reported to have submitted a bid to take a controlling interest in Manganese Bronze Holdings PLC, the maker of London's iconic black cabs, which fell into administration in late October.

    Geely, which made its name in the Western market by purchasing Swedish luxury car brand Volvo in 2010, is bidding for 80.03 percent of Manganese, Bloomberg reported on Thursday, citing anonymous sources.

  • Focus Media accepts buyout plan to delist

    2012-12-21 09:48

    Chinese digital advertising company Focus Media Holding Ltd accepted a buyout plan on Wednesday from PE firms to make the company private.

  • Chinese firms show interest in Montenegrin port, railway

    2012-12-21 09:41

    A number of Chinese companies have shown their interest in investing in Montenegrin port and railway.

  • Yili to produce milk powder in New Zealand

    2012-12-19 11:49

    Inner Mongolia Yili Industrial Group Co Ltd, the Chinese dairy giant, announced plans on Tuesday to produce 47,000 tons of baby milk powder annually in New Zealand after buying all of the shares of a New Zealand dairy company.

    According to the notice, the total investment of the proposed project in South Canterbury, New Zealand, will be more than NZ$214 million ($174 million), while production is expected to begin in June 2014.

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