Eager to boost the national rebuilding process, Sierra Leone Ambassador to China Alimamy P. Koroma asked the Chinese company that purchased a major iron ore mine to move into processing the ore into finished products in the West African country.
China Southern Airlines is looking into launching its second direct flight to Africa, according to a senior executive.
Bank of China Ltd recorded 2.52 percent year-on-year growth in profit attributable to equity holders of 93.04 billion yuan ($13.9 billion; 12.4 billion euros), largely due to the continued development of its overseas business and strategic deployment in key regions.
As more money flows into Africa, investors must align their strategies with the continent's development goals to prevent duplicating efforts and wasting resources, one of China's most senior diplomats has said at a forum in Kenya.
Macky Sall, the president of Senegal, has lauded China's high-quality standards in infrastructure construction after visiting a major project in Kenya.
Beijing Tongrentang Group Co Ltd, the world's largest producer of traditional Chinese medicine, plans to increase investment outside China and open at least 200 overseas branches in the next five years.
When Tokyo-headquartered Fujifilm Corp elevated longtime executive Shigetaka Komori, 77, to chairman in 2012, the company's mainstay photographic products were reeling from the digital onslaught.
We are interested not only in Paramount, but in all of them. If one of the Big Six would be willing to be sold to us, we would be interested."
The battle for control of China Vanke Co Ltd is taking such a toll on the troubled real estate giant that the company has shifted priority from acquiring land and increasing sales to keeping its management team stable, the first time it has had to do so its 32-year history, executives say.
Financial technology platform Penging says China Vanke Co Ltd, the residential property developer embroiled in a battle for its control, has agreed to becoming its biggest shareholder with an investment of about 300 million yuan ($45 million; 39 million euros).
State-owned China Foods Ltd is considering a sale of its stakes in Coca-Cola bottling factories, a move that would reshape its near duopoly on the mainland with Swire Pacific Ltd since the beverage giant began to refranchise its bottling operations.
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