AB InBev is planning of boosting capital outlays in China, acquiring breweries and expanding markets.
Tags: China
China Blesses Glencore-Xstrata Merger
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.
China recommends investment in state social fund
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 accede to concessions from China for Xstrata deal
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.
China Data Admitted to be Erroneous
The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.
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With new reports of avian flu outbreaks, the fragile Chinese economic recovery is now under fire. A couple of cities in mainland China have stopped the conduct of poultry sales and slaughtered livestock after reports of the H7N9 strain of avian infulenza abound.
China's big banks are not providing more credit to small and microsized firms. According to a researcher, the big banks of China are not lending more to the smallest firms.
ICBC would be the first Chinese bank to invest in a Taiwanese Bank, SinoPac. SinoPac Financial Holdings Co. Ltd of Taiwan would be selling off a 20% share of its banking unit.
Taiwan and China enter into new regulations on investment in financial institutions and holdings companies.
The thrust of central government to improve pollution standards is being bucked by state owned companies and local government executives fearful of loss of jobs and business in their areas.
South Africa with its diminutive size has more bang for the buck. Since South Africa's inclusion into the BRIC grouping of major emerging countries, there has been a deafening silence in its ascenscion from the global invesment community.
Hoau, TNT Express' road business in China is now the property of CITIC Private Equity. TNT Express, the Dutch express delivery service provider has announced the sale of Hoau, its domestic road business in China.
Next Media's pending sale was held back by protests and other hindrances. Jimmy Lai, the Hong Kong billionaire, has offered his Taiwanese newspaper and magazine for sale but did not push through.
BGI-Shenzhen acquires Complete Genomics after regulatory approvals from China and the US were obtained.
