Chinese insurer Anbang's bid to buy Strategic Hotels & Resorts for $6.5 billion in March attracted widespread attention, but arguably more striking is the fact it came just months after private equity firm Blackstone Group had acquired the hotel chain for $6 billion.
Sophisticated Chinese buyers are becoming pickier when shopping for business jets in terms of their cabin preferences, which may create opportunities in the industry, according to an aviation executive.
A recent slowdown in growth in China's business jet industry won't affect the sector's long-term prospects, a new report says.
Chinese-made products on show at the Canton Fair are taking on a new and trendy image thanks to cutting-edge technologies such as virtual reality.
Metro China, a subsidiary of Germany's Metro AG, is to speed up the development of its franchise business, and introduce its convenience store brand MyMart this year.
The Canada Pension Plan Investment Board wants its presence in China to match the country's contribution to global GDP, Mark Wiseman, its president and chief executive, says.
We shall go abroad and use our advantages in scale and the market to make acquisitions."
Atax reduction on smaller vehicles and the release of new models helped Chinese passenger vehicle sales grow 6.8 percent year-on-year in the first quarter, industry data shows.
Danfoss, the largest industrial group in Denmark, plans to double sales in China over the next six years despite the country's economic slowdown, a senior executive has revealed.
Yang Hui, a 32-year-old Shanghai-based accountant, has been looking for a shelf that can store both his collection of manga model kits and his wife's collection of lipstick and nail polish sets, and other assorted objects, for some time now. The newlywed couple needed it well before May, when they move into their new apartment.
When it comes to his do-it-yourself online products and services for home decor, Chen Zaochun, president and chief executive of BDhome, says they include: "Living area, dining area, bedrooms, study, decoration, art, lighting, carpeting, curtains, textile, you name it."
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