CCBC

BMO buys 20% of Chinese financial firm COFCO

Maggie Zeng — Wed, 22 Feb 2012 20:13:25 +0000

The Bank of Montreal says it has a definitive agreement to acquire a 19.99 per cent interest in China’s COFCO Trust Co. for an undisclosed price.

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China manufacturing data show risk of deeper slowdown on exports: economy

Maggie Zeng — Wed, 22 Feb 2012 20:10:26 +0000

China’s manufacturing may shrink for a fourth month in February, indicating the world’s second- biggest economy remains vulnerable to a deeper slowdown as Europe’s crisis caps exports and the housing market cools.

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New-energy firm to invest $100 million in US development

Maggie Zeng — Wed, 22 Feb 2012 20:07:01 +0000

After a year largely spent in the United States developing products that use new sources of energy, Wanxiang America, the US subsidiary of the Chinese conglomerate Wanxiang Group Corp, said it is looking toward making a large investment.

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CPPIB raising its profile in China

Maggie Zeng — Fri, 17 Feb 2012 19:00:03 +0000

The new head of Canada Pension Plan Investment Board’s Asian operations is stepping into the role at a time when many investors are becoming a little less bullish about China. So it might just be the perfect time for him to do some deals, suggests Mark Wiseman, CPPIB’s executive vice president of investments.

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Railway construction getting back on track

Maggie Zeng — Fri, 17 Feb 2012 18:43:37 +0000

With 3,500 kilometers of new high-speed railways expected to be put into use this year, the length of China’s high-speed railways will exceed 10,000 kilometers, a senior railway official said.

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