Nestle (NESN.VTX) is in negotiations to acquire Chinese candy maker Hsu Fu Chi International, the Wall Street Journal reported, citing an anonymous source familiar with the matter. Hsu Fu Chi (AS5.SI) has a market value of US$2.6 billion, meaning the potential deal would be one of the largest foreign takeovers of a Chinese company. However, […]
Category: Investment
Chinese enterprises depend too heavily on capital investment
Li Peijia, an employee at an accounting firm, moved into affordable housing in Shenzhen “Chinese people believe you have to have a house in order to have a family, so we feel very lucky. However, in the area that I live in now, our rooms are pretty small and it’s close to the road, so […]
China looks to Canada for its mining needs
Are entrepreneurial skills learned in a classroom or inherited in your DNA?