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The shortage of water in northern China has become more acute in recent years but internal arguments are delaying the constructing of a pipeline from the south that was initially conceived back in the 1950s.

China is considering whether to become a partner in using Russia’s satellite navigation system or to persist with developing its own system.

Foreign investors should consider the full cost implications before deciding to merge or acquire a Chinese company, writes PricewaterhouseCoopers.

Foreign involvement in China’s private power sector has seldom been easy and progress will continue to be laboured until ways are found to resolve key problems, such as the government’s insistence that they should use local equipment.

Leading airlines