Air China Ltd<601111><0753>, the country's flagship airline, and Hong Kong's largest carrier, Cathay Pacific Airways Ltd<0293>, plan to jointly set up what will be the country's biggest cargo joint venture in Shanghai, the Shanghai Daily reported on Wednesday.Air China will take a 51% stake in the JV, while the...
Sanofi-Aventis, the fourth-largest pharmaceutical company by prescription sales, Saturday signed a letter of intent with China's Minsheng Pharmaceutical Group on setting up a joint venture that focuses on vitamin and mineral medicines. The new JV will be a strategic platform for Sanofi-Aventis to enter the Chinese...
China Rare Earth Holdings Ltd<0769> will establish a joint venture in China with Siemens' OSRAM, said the Chinese company in a statement on Monday.The JV, which will have a registered capital of EUR 14.5 million, will be engaged in R&D, production and sales of phosphor products for the lighting industry,...
Huatai Group has entered an agreement with Brussels-based Solvay to establish a hydrogen peroxide joint venture (JV) in Shandong Province, according to a press release Thursay. The JV will build a hydro¬gen peroxide plant with an an¬nual capacity of 50,000 tons. The chemical product will ...
Changchun Engley Automobile Parts Co Ltd and Alcan Engineered & Automotive Solutions, a unit of Rio Tinto Plc, have agreed to form an auto parts joint venture in Northeast China's Changchun, Jilin Province, sources reported. The JV, which plans to begin producing components this year, will operate a plant near...
* China will do mine level JVs, avoid company level deals * Miners need funding for new projects; bank debt is scarce * China/Anglo American bid rumours rubbished by analysts LONDON, Aug 3 - China,...
* Brilliance in talks with Daimler for China JV * JV to convert Mercedes-Benz commercial vehicles * Deal could be closed before year-end (Add more quotes, details) SHANGHAI, Aug 3 - The state parent of...
The China Securities Regulatory Commission (CSRC), the nation's securities regulator, has granted an operating license to a brokerage joint venture (JV) between German investment bank Deutsche Bank AG and Shanxi Securities, according to a joint statement released by the two companies on Wednesday.The...
Fiat Automobiles SpA, Italy's largest auto maker, and China's Guangzhou Automobile Group Co Ltd (GAC), Monday signed agreements to set up a 50:50 joint venture (JV) in Changsha, the capital of Hunan Province, the China Daily reported. The agreement was signed in Rome during President Hu Jintao's visit...
ArcelorMittal is eager to set up a joint venture (JV) with Chinese enterprises to help resolve China's iron ore supply issue, said Roland Verstappen, global vice president of the company on the sidelines of the Global Think Tank Summit held in Beijing. ArcelorMittal owns abundant iron ore resources and China is...