Category: BUSINESS

Businesses controlled by Shanghai’s municipal government have pledged to plough 800 billion yuan (US$120.7 billion) annually into industries like hi-tech manufacturing in the next five years in the city’s latest push to regain its status as the ... ( read original story ...)

Canadian asset manager Manulife Asset Management on Wednesday launched a wholly-owned investment business in Shanghai and welcomed Beijing's steps to raise limits on foreign ownership in the finance sector. Last Friday, China said it planned to increase ... ( read original story ...)

Deal gives the China business $1.2 billion enterprise value Shanghai Pharma keen to expand network nationwide Cardinal Health put business up for sale due to rule changes U.S. private-equity firm Warburg Pincus among bidders-sources Shanghai ... ( read original story ...)

DUBLIN, Ohio, Nov. 14, 2017 — Cardinal Health (NYSE: CAH) today announced that it has signed a definitive agreement to sell its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co., Ltd. (“Shanghai Pharma”) for $1.2 billion. ( read original story ...)

He made the comments at the 2017 World Autonomous Vehicle Ecosystem Conference held on Nov 6 in Shanghai. "The development of intelligent and connected vehicles can improve transport efficiency and safety, while meeting energy-saving and emission-reduction ... ( read original story ...)

He added that Shanghai is also a financial hub, so we see increasingly Norwegian fin-tech companies attracted by the business environment choosing to build up here, which can challenge the existing traditional banking companies. Green shift The bilateral ... ( read original story ...)

The Shanghai Disney Resort reaped positive results during its first full fiscal year of operation, contradicting Dalian Wanda Group Chairman Wang Jianlin's prediction before the U.S. entertainment conglomerate's theme park opening that he would make Disney ... ( read original story ...)