Category: Investment

Cosco Pacific, the port operating arm of Cosco Group, is expected to take an 8% shareholding in Dalian Port Container Terminal. The stake is being taken up through a Yn37.5m joint venture investment by Cosco Pacific (China) with the Port of Dalian Authority, Shanghai Port Container Co, PG Logistics and Cosco's shipping division, operating locally […]

Chinese companies that invest abroad no longer need to give the government a guarantee that they repatriate all of their profits from overseas operations. The new rule introduced by the Foreign Exchange Control Bureau should make it easier for domestic firms to expand their activities overseas. Some 6,960 companies have registered with the Ministry of […]