The long-awaited acquisition of Dutch NXP Semiconductors by US telecoms company Qualcomm could be on the verge of approval, the Wall Street Journal reports, as China’s antitrust regulators meet company representatives on Monday. Qualcomm have been pursuing Beijing’s approval of the $44 billion deal for months after it received the green light from eight other […]
Category: Business Practice
Behind the puzzling state of the US-China trade dispute, with endless mixed messages emanating from Washington, we sense a growing consensus on how to address the way China interfaces with the Western economies. Plenty of evidence to back that up this week, including a decision by Canada to block a Chinese buyout of a Canadian […]
A handful of US and Australian airlines have been reprimanded by China’s aviation regulator for failing to comply with a demand issued last month to list Taiwan as part of China on company websites. According to the Financial Times, 26 global airlines were given 30 days from April 25th to address the issue, with the […]
The Canadian government under Prime Minister Justin Trudeau has decided to block a buyout deal by Chinese construction company CCCC International of Toronto-based Aecon Group, citing concerns regarding national security. CCCC offered C$1.22 billion ($947 million) for Aecon, working out at C$20.37/share. The move follows the outcome of a government review commissioned in February into […]
A new study has showed China’s acquisitive activity in Europe cooled last year from a recent splurge by corporations looking to expand their portfolios after the government enacted measures to limit outbound capital flows. The study, conducted by Spanish business school Esade, reported that acquisitions by Chinese companies in the EU fell to $30 billion […]