Tagged By business

Purchase of foreign brands ‘lucrative’

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Chinese companies are buying foreign brands so they can introduce the brands and their products to shoppers in China, according to retail experts. The appraisal followed Chinese conglomerate Fosun sealing two offshore investment deals in…

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China Fast-Tracks IPO Approval for Foxconn Unit

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SHANGHAI—A fledgling unit of Taiwanese electronics manufacturer Foxconn Technology Group jumped to the front of the queue of Chinese companies waiting to go public, showing how China is moving quickly to allow select technology stalwarts…

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