China News & Views

Updated about 2 hours ago   More news & views
Blackstone, Pactera insiders make $680 million offer External-link
(Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private.
Browse Related Topics:   Blackstone Blackstone ... Pactera Pactera Tec...
UPDATE 1-Blackstone, Pactera insiders make $680 mln offer External-link
May 20 (Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP, together with the company's management, made a $680.3 million non-binding proposal to take China's...
Browse Related Topics:   Blackstone ...
Goldman Sachs to Exit Chinese Bank With $1.1 Billion Stake Sale External-link
The Wall Street bank is selling its remaining shares in the Industrial and Commercial Bank of China, signaling the end of a highly profitable investment it made in 2006.
Browse Related Topics:   Goldman Sachs Commercial ...
Former Bank Executive in China Faces Bribe Accusations External-link
The Communist Party has referred the case for a criminal investigation as it continues a drive to combat corruption.    
Browse Related Topics:   Communist P...
Chinese growth and Chinese competition to drive AAPL to $888, analyst says External-link
China's fast growth in fast mobile subscriptions -- and increasing mobile competition among the giant Chinese mobile carriers -- will be key factors in driving Apple's moldering stock price to unseen heights of over $800, one analyst says today.     
Browse Related Topics:   Chinese
UPDATE 2-Goldman exits China's ICBC, 7 years and billions later External-link
HONG KONG, May 20 (Reuters) - Goldman Sachs Group Inc launched the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China on Monday, offering its...
Browse Related Topics:   Icbc Hong Kong Goldman Sac... Commercial ...
JVs like Pfizer, Hisun hookup provide Chinese companies shot at Western markets External-link
Joint ventures with Chinese companies have been seen as a way for Big Pharma to get better traction in the exploding China market. But it is not a one-way street. Chinese companies see the tie-ups as a way to build their own capabilities and begin to tap lucrative Western markets.
Browse Related Topics:   Pfizer Big Pharma Hisun
Hackers linked to China renew attacks External-link
A group of hackers said to part of China’s People’s Liberation Army has been making new efforts to penetrate Western businesses’ computer networks. The New York Times said the group had scaled back its activities in recent months after U.S. officials publicly pointed at them as being behind several discovered attac...
Browse Related Topics:   Lockheed Ma... U.S. People’s Li...
Underground Lender Gets Death Sentence in China External-link
Lin Haiyan, a businesswoman, told investors the $100 million they gave her was going into stock offerings and bank deposits but she used it to speculate in stocks.    
Browse Related Topics:   China Lin H...
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