China News

May 08, 2008

Telecom Giants Unveil India-Europe Plan

The Europe India Gateway high-bandwidth cable system will cost more than $700 million and will have at least 16 partners.

May 08, 2008

Foreign Private Equity's China Challenges

Lack of confidence in the management of a target company can be a deal-breaker for private equity investors.

May 08, 2008

Cellular Competition Heats Up in Indonesia

The competitive advantage of a large subscriber base is being fast eroded, says Macquarie Research, and a price war is likely.

May 07, 2008

Mital in London for MTN Takeover Talks

Bharti Airtel Chairman Sunil Mittal has gone to London to meet Phuthuma Nhleko, CEO of South Africa's MTN.

May 07, 2008

3G Delay Kills Nokia's Chinese Partner

The troubled Chinese chipmaker Commit has been unable to obtain new capital and has closed its doors.

May 07, 2008

MTN Would be Prime Catch for India's Bharti

Bharti has denied making a formal bid for South African telco MTN, but the interest is evident, and Singtel could be a possible partner in the bid.

May 07, 2008

Favorites of China's Super-Rich - BusinessWeek

The mainland's wealthy make up 26% of the Asia-Pacific region's total, and Western makers of luxury goods are eager to sell them Rolls-Royces, yachts, and other extravagant wares

May 07, 2008

Higher Risk Tolerance for Korean Pension Fund

South Korea's social security fund says there are plenty of buying opportunities among all global asset classes except for commodities.

May 07, 2008

Rolls-Royce Targets China's Really-Rich

BMW's super-luxury brand is expanding sales operations in China to meet demand from the ostentatiously wealthy, as rivals such as Daimler do the same.

May 06, 2008

Private Equity Investors Still Keen on China

The number of deals is small because many entrepreneurs don't want to sell while state-owned enterprises don't want to give foreigners equity.

May 06, 2008

Valuations for Indian IT Companies Hit New Lows

Companies such as TCS and Infosys have seen big declines in their price-earnings and market cap-to-sales ratios.

May 06, 2008

Old King Coal Finds New Markets

Indonesian coal miners are raising capital for expansion to meet demand from China, India, and other countries.

May 06, 2008

Japan: Design for the Elderly - BusinessWeek

Japanese companies are catering to the needs of older customers as the population grays and the birthrate dwindles

May 06, 2008

Myanmar's Junta Hangs Tough

The military regime appears intent on holding a referendum despite as many as 22,000 dead in the wake of a May 3 cyclone.

May 06, 2008

Nissan, Toyota Focus on Graying Drivers

Faced with slumping sales at home, Japan's carmakers are testing new technologies to help the elderly stay safely on the roads.

May 05, 2008

Ford May Drive Fiesta Compact into India

The U.S. auto major is gearing up for a bigger presence in India, including a flexible engine manufacturing facility by 2010.

May 05, 2008

Not Much Life in China's Virtual Worlds

Chinese entrepreneurs' answers to Second Life are early stage, but they see potential for brand-building, worker training, and e-commerce.

May 05, 2008

Sinosteel's Hostile Aussie Bid Turns Friendly

A sweetened offer won the board's backing at Australian iron ore company Midwest, but what are the implications for Chinese M&A?.

May 05, 2008

China Tries Smile Diplomacy with Japan

With China replacing the U.S. as Japan's largest trading partner, Chinese President Hu's visit to Japan this week is aimed at easing strained ties.

May 02, 2008

Essar Makes $1.1 Billion U.S. Deal

The Indian steelmaker finally has the winning bid for rival Esmark and its subsidiary Wheeling-Pittsburgh, beating out Russia's OAO Severstal.

May 02, 2008

Mia Farrow Takes Her Torch to Hong Kong

The actor and activist continues to press her Dream for Darfur cause along the Olympic relay to highlight the Sudan's grim situation.

May 02, 2008

Asia is Resilient amid Global Turbulence: S&P

But regional economies still face significant risks to sustained growth and macroeconomic stability in the months ahead.

May 02, 2008

Indonesia's Road to Growth

The nation's economy is strong, but the government must continue to watch for corruption, and infrastructure must improve in order to reach growth targets.

May 02, 2008

Big China Deals for NBA Players - BusinessWeek

Chinese companies like Li Ning are recruiting U.S. hoops stars to boost their image, both on the mainland and in the U.S. Watch out, Nike!

May 01, 2008

Why Samsung and LG Scare Motorola

With a slew of multimedia cell phone models, the Koreans are grabbing market share in both the U.S. and emerging markets.