State-owned Baotou Iron and Steel is allowed to take up to a 50 percent stake in an Australian mineral development project. The deal is unusual because the Australian government's guidelines normally are that Chinese companies should limit their investments in Australia to 15 percent of existing ...
BEIJING, Nov 19 - The number of U.S.-dollar millionaires in China is expected to nearly double in five years, luring private bankers eager to help them invest an expected combined wealth over $7.6 trillion by...
Qatar's State-owned oil company Qatar Petroleum International plans to invest $5.8 billion to build a petrochemical plant in China by 2015, according to a Bloomberg report Wednesday. Nasser al-Jaidah, the CEO of Qatar Petroleum said the company plans to cooperate with China National Offshore Oil ...
China National Petroleum Corp. (CNPC) may invest $700 million to boost the expansion of Costa Rica's Refinadora Costarricense de Petroleo SA (RECOPE) oil refinery, according to a Bloomberg report Wednesday. Jose Leon Desanti, head of the Costa Rican refining company, said that the CNPC may tap in...
TAIPEI, Nov 19 - Taiwan's government will review by the end of the year plans to remove restrictions on investments by semiconductor and LCD makers in China as the island's economy recovers, two local newspapers...
By Tu Lei China and Australia have sealed two major resource deals over the past two days, indicating relations between the nations, shaken by a scandal in the summer, are warming up. Moly Mines, an Australian molybdenum extractor, yesterday said the government's foreign investment regulator has...
Chinese private equity fund Hopu Investment Management Co is planning to invest US$1.2 billion in China Minsheng Banking Corp Ltd<600016>, which plans to issue 3.82 million H shares in an initial public offering on the Hong Kong Stock Exchange, sources reported.Soros Fund Management LLC, founded by...
COFCO Commercial Property Investment Co Ltd, a subsidiary of state-owned COFCO Corp, a leading grain, oil and foodstuff import and export group in China, plans to list in Shanghai and Hong Kong, said COFCO Corp's chairman, Ning Gaoning, on Monday, sources reported.Ning did not disclose any specific...
Korea to Invest $864 Mil. in 10 Key Materials
State-owned China Power Investment Corp, which was launched in 2002 and has a registered capital of RMB 12 billion, on Nov. 10 started two coal gasification projects in Ili Kazakh Autonomous Prefecture, Xinjiang Uygur Autonomous Region, sources reported.The two projects will cost more than RMB 50 billion...