Hisense Electric Co Ltd<600060>, a major TV manufacturer and the largest flat panel display maker in China, expects its overseas sales to grow by 300% over the next three years and to account for nearly 40% for its total sales compare with the current 20%, said Chairman Zhou Houjian, the China Daily reported....
China's overseas direct investment plunged 60% year on year to US$13.3 billion in the first half of this year, said the State Administration of Foreign Exchange on Thursday.Overseas investment from the country's financial and non-financial sectors both declined in the period, reaching US$2 billion and...
CHERY Automobile Co confirmed yesterday that it is interested in buying overseas car makers after media reports of approaches to acquire Ford's struggling Volvo unit.
CHINA Petrochemical Corp yesterday said the government's stimulus package will help its business and the company may seek to acquire resources assets overseas amid the financial turmoil ...
By Chen Yang Many companies have sought to follow in the footsteps of Yanzhou Coal's $3.2 billion acquisition of Australia-based Felix Resources, but consultants are warning domestic firms to avoid rushing abroad head first. China's largest acquisition in Australia, which was finally approved by...
Zijin Mining Group, one of China's largest gold producers, has formally signified its interest to invest $1 billion in gold and copper exploration in the Philippines over the next five years, Malacanang said Thursday. Malacanang said in a statement that Zijin Mining Group, through its chairman, C...
Apr.1MetalBiz--On Mar.31, Xu Lejiang, Chairman of Baosteel Group for the first time publicly confirmed that: Baosteel will withdraw from the joint venture company of ...
Mar.10 Metalbiz鈥擶uhan Iron&Steel Group (WISCO) is planning to acquire iron ore assets in Australia and Cambodia, according to its president Deng Qilin...
Mar.9 MetalBiz鈥擟hina should establish a metal mining development fund to help Chinese firms raise capital for investment abroad, according to Zhou Zhongshu...
Overseas Koreans Can Buy Local Stocks Online