Two China-based telecom companies repudiated allegations that they deliberately leave backdoors in their products to assist foreign espionage on US security and commercial secrets.
Chinese technology giants Huawei Technologies Co and ZTE Corp denied allegations that their companies pose a security threat or are under the influence of China's government.
CME Group Inc is expanding its overall suite of yuan products by including deliverable offshore renminbi futures, answering increased demand for the currency in overseas markets.
A senior executive of Chinese electrical appliance giant Haier Wednesday moved to calm fears over jobs and manufacturing bases of one of New Zealand's oldest and most reputable whiteware makers as Haier moves ahead with a takeover bid.
Chinese home appliance giant Haier Group has made a full takeover offer on New Zealand's Fisher & Paykel Appliances, highlighting a recent buying spree by Chinese companies seeking to expand in overseas markets.
According to the latest statistics from the Thailand Board of Investment, China was the country's second-largest source of foreign direct investment in 2011.
Chinese companies have applied to take part in more than 180 investment projects in the last five years, worth a total investment of $4.15 billion.
China's largest food processor, manufacturer and trader, COFCO, establishes a local team after a subsidary company bought local citrate factory last year.
China's Haier Group agreed with Singapore's Global Logistic Properties on developing a state-of-the-art logistics network for the distribution of household appliances in China.
Lenovo Group Ltd has agreed to buy Brazilian consumer electronics maker CCE in a cash-and shares-deal worth approximately $147 million.
Lenovo Group Ltd has agreed to buy Brazilian electronics maker CCE, as it bets that Brazil's consumer market can help revive its profit growth.
The tiny Kingdom of Bahrain is promoting itself as the perfect gateway from which Chinese firms can expand their business interests throughout the Gulf.
China's private businesses are also eyeing overseas markets, as the country's large State-owned enterprises pour money into overseas expansion and acquisitions.
Private companies accounted for nearly half of China's outbound investment in 2011, a senior trade official said.
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