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Sinochem agrees to buy DSM stake to form anti-infective JV

2010-12-18 11:20:30

China's State-owned Sinochem Group announced it has reached a framework agreement Friday with the Netherlands-based Royal DSM NV to buy a 50-percent stake in DSM's anti-infectives unit.

Honda targets China sales of 730,000 units in 2011

2010-12-17 14:31:23

Honda Motor Co said it will target sales in China of 730,000 units in 2011, for growth of more than 10 percent from the 650,000 estimated for this year, Reuters reported Friday.

Leading car makers across Taiwan Strait set up JV

2010-12-15 09:24:23

Two leading car makers across the Taiwan Straits established a joint venture Tuesday in East China's Zhejiang province.

Foxconn paves way for production base in central China

2010-12-09 11:06:17

Foxconn Electronics, the Chinese manufacturer of gadgets like Apple's iPad, Wednesday signed an agreement with the government of Hunan province to set up production and research bases in the central China province.

Rio Tinto and Sinosteel extend joint venture

2010-12-04 10:36:47

Sinosteel Corporation and the global miner Rio Tinto Group on Friday agreed to extend their Channar mining joint venture in Western Australia to produce a further 50 million tons of iron ore from 2012 to 2017.

Adecco, FESCO establish new HR venture

2010-12-04 10:33:58

The world's largest human resources (HR) service provider, Adecco, and the Beijing Foreign Enterprise Human Resources Service Company, (FESCO), have announced that they will establish a joint venture, called FESCO Adecco, with registered capital of 21 million yuan ($3.15 million).

MGM China offering likely in first quarter

2010-12-02 10:30:20

MGM China, an MGM Resorts International joint venture in Asia's gambling center Macao, aims to launch an initial public offering in Hong Kong in the first quarter of 2011, a top executive said.

PCM acquires GM's parts-supplier unit

2010-12-01 09:44:48

Pacific Century Motors (PCM), a joint venture between Tempo Group and the Beijing municipal government, completed the acquisition of General Motors' steering-parts manufacturing unit on Tuesday, setting a record for the biggest single overseas purchase in China's automobile parts industry.

Mellon equity fund begins operations

2010-11-16 10:47:16

BNY Mellon Western Fund Management Co, an equity fund venture jointly set up by the world's largest custody lender - Bank of New York Mellon Corp (BNY Mellon) and China's Western Securities, officially began operations on Monday, and plans to launch its first fund product as early as the end of this year.

Bluestar Adisseo seeks $1.56b in HK IPO

2010-11-13 09:41:48

Bluestar Adisseo Nutrition Group, the French animal-nutrition company backed by China National Chemical Corp (ChemChina), is seeking HK$12.08 billion ($1.56 billion) in a Hong Kong initial public offering, according to a term sheet sent to investors.

GE to invest $2b in China R&D capacity, JVs

2010-11-09 10:55:41

GE CEO Jeff R. Immelt announced on Tuesday the company will invest more than $2 billion through 2012 to expand its R&D capability and set up joint ventures in China.

Hyundai Motor to build $451m auto JV in SW China

2010-10-22 13:46:50

Hyundai Motor signed an agreement Thursday with a Chinese company to build a 3-billion-yuan ($451 million) auto joint venture in Southwest China's Sichuan province.

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