Cardinal Health has put its China business up for sale, drawing keen interest from state-backed Chinese pharmaceutical firms. A deal that may be worth up to $1.5 billion, sources familiar with the matter said. Cardinal…
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Exclusive: U.S. Cardinal Health puts $1.5 billion China business on block – sources
HONG KONG (Reuters) – U.S. drug distributor Cardinal Health has put its China business up for sale, drawing keen interest from state-backed Chinese pharmaceutical firms in a deal that may be worth up to $1.5…
Bank of America Won’t Do Business With China’s HNA Group
HNA Group says that Wall Street’s biggest banks are knocking at the door to do business with it as the huge Chinese conglomerate buys up businesses around the globe. But one of those banks is…
Apple moves to help struggling China business
Apple is struggling in China, and they’re looking to do something about it! Yahoo Finance’s Alexis Christoforous, Dan Howley, and Rick Newman discuss Apple’s latest step in world domination. ( read original story …)
China’s strong GDP growth paves way for deeper reforms
China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later…
Dalian Wanda amends Sunac property deal after China curbs funding
In a joint announcement, Wanda said it would sell 77 hotels in China to Guangzhou R&F Properties for 19.9 … said the deal would help boost returns for its hotel business. “Both Sunac and Wanda…
Apple names new managing director for China amid localization drive
BEIJING (Reuters) – Apple Inc (AAPL.O) on Wednesday said it has appointed a managing director for Greater China – a newly created role – in its latest move to localize product features and comply with…
Is WhatsApp being censored in China?
These are external links and will open in a new window Users of the encrypted messaging service WhatsApp have reported disruptions in China, prompting censorship claims. Many reported that voice messaging and pictures wouldn’t send…
Zhongyuan shares make sluggish debut in Hong Kong after investors spurn bank’s IPO
The bank’s shares traded for the first time at HK$2.52 each, less than 3 per cent more than the IPO price of HK$2.45. The bank, based in the Henan provincial capital of Zhengzhou in central…
Blackstone’s Stephen Schwarzman and Alibaba’s Jack Ma host US-China Business Leaders Summit
[The stream began at 8:50 a.m. ET and ended at 9 a.m.] The summit brought together a group of prominent U.S. and Chinese CEOs to discuss economic issues of mutual importance to both countries. U.S.…
July 18: Doing business with China. Plus other letters to the editor
As the wildfires in B.C. show, nature does not reveal a preference for any particular group based upon their professed beliefs and group-defined differences. People flee together, and they stay together in the rescue centres.…
How China’s biggest brands and businesses want to learn and share
In June, some of the world’s top minds in design, entertainment and creative communications gathered at the Cannes Lions International Festival of Creativity. In a sign of China’s growing influence, Tuesday 20 June at Cannes…
China’s strong second quarter GDP growth paves way for deeper reforms
BEIJING (Reuters) – China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key…
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