Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
Dubai and Shanghai Monday agreed to collaborate in design knowledge exchange and increase inter-city relations. The agreement was made during UNESCO's (United Nations Educational, Scientific and Cultural Organization) Creative City ...
An Asian collector snapped up three seated Buddha statues from China's Ming Dynasty at a French auction on Saturday with more than 6.29 million euros(nearly $7 million), breaking the auction record of its kind. The Buddhas are seated ...
Tags: Buddha Statues, French auction
"We will create an investment environment that is fairer, more transparent and more predictable. China must always be a land that attracts foreign investments," said Chinese Premier Li Keqiang on March 5, in his 2016 government work report ...
EnergyTrend, a division of TrendForce, reports that the global PV market is seeing slowing demand after the Chinese New Year holidays. Peak installation seasons in the U.S. and Japan have passed, and the demand related to China’s ...
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
Belgian beverage giant AB InBev says it will allow a Chinese Government owned company to acquire SABMiller’s Chinese beer business if AB InBev itself can acquire SABMiller. AB InBev last week revealed it will allow China Resources ...
Tags: AB InBev, China Market
The latest report from LEDinside, a division of TrendForce, finds that the global average price of 40W-equivalent (equiv.) LED light bulbs arrived at US$10.2 in February, down 0.6% from the prior month. The global average price of ...
Tags: Gradual Upticks, LED Bulb
A Chinese comedian has made the largest private label wine exporting deal in Australian history agreeing to export 800, 000 bottles of Victorian shiraz into his home country. Comedian Guo Degang is popular celebrity in China and is ...
A 23-year-old Chinese national has been arrested and charged in relation to the alleged importation of approximately 44 kilograms of liquid methamphetamine hidden in gel push-up bra inserts. On 25 February 2016, Australian Border Force ...
The recovery in air freight volumes from a weak first half of last year continued into 2016, although subdued underlying global trade conditions suggest another modest year for volumes growth, reports the IATA. Ongoing strong capacity ...
Tags: IATA, Solid, Air Freight
In a move that strengthens its global offering of food processing equipment, integrated systems and services, Provisur Technologies, Inc. has opened a new regional office, Provisur Food Equipment (Shanghai) Co. Ltd., in Shanghai, Peoples ...
Tags: Provisur Food Eqipement, PRC
Huawei has announced the date for what will almost certainly be a launch event for the Huawei P9 smartphone. The Chinese manufacturer has sent out notes to the press asking that they "save the date" – 6 April – for a London ...
Tags: Huawei P9, Smart phone
Traditional Chinese Medicines (TCM) are scientific and technological resources with advantages and huge innovation potentials, said Wang Guoqiang, director of the State Administration of TCM and vice-minister of the China's National Health ...
Foreign direct investment (FDI) in the Chinese mainland continued to grow steadily in the first two months of this year despite slowing overall growth. FDI, which excludes investment in the financial sector, rose 2.7 percent year on year ...