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  • PetroChina buys into Australia LNG project

    2012-12-13 10:03

    Asia's biggest oil producer PetroChina Co Ltd agreed to buy BHP Billiton Ltd's shares of liquefied natural gas project in Australia at a price of $1.63 billion - the biggest overseas acquisition by the company this year - to further expand its foreign assets.

    International mining giant BHP announced on Wednesday that it will sell its 8.33 percent interest in the East Browse Joint Venture and 20 percent interest in the West Browse Joint Venture, located off western Australian, to the Chinese oil and gas company.

  • BYD to build plant in Bulgaria

    2012-12-12 13:32

    China's electric-vehicle maker BYD Co Ltd signed a joint-venture agreement on Tuesday with a Bulgarian partner to build an auto assembly plant in the country.

  • Sinograin looks at overseas deals to feed demand

    2012-12-12 10:17

    Sinograin Oils Corp is targeting overseas investments in South America and Southeast Asia to strengthen its control over the supply of foodstuffs.

  • Huawei to build Finland R&D center

    2012-12-12 10:15

    Huawei Technologies Co Ltd's latest investment to build its Finnish R&D center shows the company's ambition to be a major player in the global smartphone market. The move could help Huawei better explore the European market, analysts said.

    Huawei, the world's second-largest telecom equipment vendor by sales, announced on Monday that it will invest 70 million euros ($88 million) over a five-year period to establish a research and development center in Helsinki, Finland.

  • Nexen CEO: CNOOC deal not yet done

    2012-12-11 13:56

    The $15.1 billion takeover of Canadian oil and gas producer Nexen Inc by China's State-owned CNOOC Ltd is not yet wrapped up. Timeline

  • Peru expects to diversify exports to China

    2012-12-11 11:04

    Peru expects to expand its non-traditional exports to China over the next five years as it strives to reduce reliance on mineral trade with China.

  • Companies still drawn to Peru, despite obstacles

    2012-12-11 09:49

    Peru is one of the world's top 12 mining countries, possessing rich reserves of copper, zinc, silver, iron ore and oil.

    This has proved attractive to a number of companies from around the world.

    Chinese enterprises are learning to adjust to various new obstacles to doing business in Peru, including environmental rules, strikes and local laws.

  • Chinese brands in US building name recognition

    2012-12-10 13:44

    Top marketing experts in the United States say Chinese consumer companies are making moves to build "brand name recognition" in the US Firms like appliance maker Haier and sportswear company Li Ning are making significant in-roads.

    But Chinese companies still face a long path to penetrating the hearts and minds of American consumers.

  • China firms refurbish overseas image

    2012-12-10 11:01

    Chinese firms are trying to reshape their reputations in the global market to win acceptance, seeking to shake off the mass-producer image.

  • China's Wanxiang wins A123 auction

    2012-12-10 09:57

    China's Wanxiang Group bid $260 million for assets of car-battery maker A123 Systems Inc, winning a bankruptcy auction, officials said.

  • Canada OKs CNOOC's $15b purchase of Nexen

    2012-12-08 09:41

    After months of debate, Canadian regulators on Friday approved China National Offshore Oil Corp's $15.1 billion purchase of Calgary-based Nexen Inc. Timeline Chinese Companies' Overseas Footprint

  • China automaker buys stake in Spyker

    2012-12-07 16:54

    China Youngman Automobile Group Co on Thursday acquired a 29.9 percent stake in the Netherlands' Spyker Cars NV for 10 million euros.

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