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  • July 24, 2014
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  1. News - China - BUSINESS

    African companies in fear of China's corporate invasion

    Posted May 07th 2013, 12:00am by Teddy Ng

    ... Teddy Ng teddy.ng@scmp.com Local companies welcome the investments but fear being overrun by state-owned juggernauts Corporate China's Africa invasion Bafana Ndendwa has conflicting feelings when he sees the increased presence of Chinese companies in Africa. On one hand, the managing director of a construction company in South Africa believes companies such as his can learn ...

  2. News - China

    I'm sorry, says businessman who stole US$100m software from companies including Microsoft

    Posted Jan 08th 2013, 10:29am by Reuters in Wilmington, Delaware

    ... it was such a big crime.” Agents from Immigration and Customs Enforcement/Homeland Security Investigations learned of Li’s enterprise after an unidentified US manufacturer noticed his company’s software ... data obtained unlawfully from an American software company.” Officials did not identify the company in court documents.   ...

  3. News - World

    No ransom paid for freed Chinese hostages, says oil company

    Posted Dec 15th 2012, 10:32am by Agence France Presse in Bogota

    ... Agence France Presse in Bogota No ransom was paid to secure the release of four Chinese oil workers freed last month after being held hostage for more than a year, the company said Friday, ... Cuellar told a local radio station. Colombia’s former president Alvaro Uribe wrote in a Twitter message that the company paid the FARC more than US$2 million to free the Chinese hostages, without ...

  4. Proton's road to China littered with obstacles

    Posted Mar 27th 2006, 12:00am by Kandy Wong

    ... goal of securing a foothold in the Chinese market, say industry players in the mainland. Proton is in talks with several Chinese carmakers on a possible strategic alliance, but a company ... its tie-up with German giant Volkswagen and re-entered an alliance with Japan's Mitsubishi Motor Corp early this year. Mitsubishi is expected to announce a venture with a Chinese ...

  5. Business - China Business - POLICY

    China's private companies set to play a bigger role in overseas deals

    Posted Sep 15th 2012, 12:00am by TOH HAN SHIH AND LULU CHEN

    ... Toh Han Shih and Lulu Chen Policy changes seen leading to less state domination of foreign deals as 'going out' strategy enters the next phase Private companies set to play ... to government policies. "For the past 30 years, China's 'going-out' was government-directed. Now the government's policy of encouraging private companies to go out ...

  6. Business - Money - MARKETS

    Cloud over China company earnings and stocks as economy slows

    Posted Sep 05th 2012, 12:00am by Bloomberg

    ... Bloomberg in Shanghai Company earnings forecast lowered and cloud hangs over stocks as economy slows China outlook takes a beating from analysts Goldman Sachs has lowered earnings growth forecasts for China's companies and Credit Suisse cut stock index targets as the economy slows. Profits for companies in the MSCI China Index might increase 1.8 per cent this year and 8.6 per ...

  7. Business - Companies

    Company Results, August 13

    Posted Aug 13th 2012, 12:00am

    ... Today 1st Quarter: China Communication Telecom Services, Fairson Holdings, Finet Group, Global Link Communications Holdings, Great World, Mobile Telecom Network (Holdings), Sino Harbour Property Group, Tai Shing International (Holdings) Interim: Brillianc ...

  8. Power companies turn to coal to stem losses

    Posted Apr 19th 2012, 12:00am

    ... over power prices. Now the companies are going 'upstream' to almost double their coal output by 2015 in an attempt to improve profits, according to Liu Xiangdong of the China ... producers' combined profits tripled to almost 300 billion yuan between 2007 and 2010. But the profits of power companies fell from around 200 billion yuan in 2007 to between 50 billion and 80 billion ...

  9. US companies plan to boost China investment

    Posted Feb 29th 2012, 12:00am

    ... Sally Wang sally.wang@scmp.com American companies in southern China are operating profitably and plan an aggregate 20 per cent increase in investments over the next three years to expand ... yesterday, the Guangzhou-based Chamber said about 90 per cent of US companies in the region that participated in the study reported they were either profitable, or would be within two years. The most ...

  10. Companies hope for share of LNG investment boom

    Posted Nov 28th 2011, 12:00am

    ... Keith Wallis keith.wallis@scmp.com China could see a surge in its use of liquefied natural gas, one that will require a massive investment in new terminals and gas-carrying ships to import the energy source. Pointing to the growth of LNG, Chen Qiang, pres ...




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