The European Commission receives subsidy complaint against China for illegal subsidies on solar glass sold in the EU market.
Tags: China
SunTech Obtains Creditor Reprieve Again
Suntech was able to obtain another deferment as to the loan obligations that would fall due on May 15.
Synlait Milk to Do IPO
Synalit Milk is now preparing for a possible IPO to fund its expansion plans in China. New Zealand dairy company Synlait Milk Ltd is planning to conduct an initial public offer of shares to fund its expansion plans into the booming infant formula market in China.
China's State Council Orders FDI Regulations Revamp
The foreign exchange regulatory agency of China, upon orders of the State Council, has abolished regulations that lead to red tape and promotes non transparency.
CMIA to Invest in China Agricultural Firms
CMIA to invest in China agricultural businesses and industries through its US$150 million fund. Former bankers at Cargill Inc and HSBC Holdings are now running CMIA Capital Partners Pte.
Latest News
The neighbors at the Formosa Strait are now in agreement as to oil and gas explorations in Myanmar. Sinopec Group, the largest Asian oil refiner, had announced last Thursday that it had entered into an agreement to sell its 30% shareholdings in an oil and gas block located in Myanmar.
TPG Capital is undertaking the sale of UniTrust Finance and Leasing Corp. TPG Capital, the US private equity firm is selling off UniTrust Finance and Leasing Corp of China for US$800 million.
The iconic British car Aston Martin is growing in the car markets of China. The CEO of the iconic British sports car Aston Martin has announced a ten percent increase in global sales for 2012.
GM and its partners would be building new plants and increase production to five million cars a year.
Sinopec's bond sale is the largest debt sale in Asia outside of Japan. In a recent announcement, China Petroleum and Chemical Corporation has raised a total of US$3.
China interested in purchasing the ConocoPhillips share in the Kashagan oil field in Kazakhstan. China has indicated an interest in purchasing a stake in US oil company ConocoPhillips in a multinational consortium aiming to develop Kazakhstan's Kashagan oil field.
China conditionally approves Glencore-Xstrata merger. The merger plan of Glencore and Xstrata cleared its final hurdle when the Ministry of Commerce of China backed the deal's completion.
Dai Xianglong of the National Social Security Fund recommends state controlled enterprises In a quote of the National Social Security Fund council's party secretary, he is proposing that Chinese state-owned enterprises transfer 30% of their capital gains and ownership shares exceeding 51% to the fund.
Glencore to agree to concession requirements to achieve regulatory compliance for Xstrata merger. Glencore is now in the process of confirming concessions in order alleviate Chinese worries over its stranglehold on the existing copper supplies.
