Despite rocky markets and turbulent times, China’s Initial Public Offering market has once again eclipsed the US, highlighting the shift in global financial activity from west to east. Companies raised US$73-billion from IPOs in Shanghai, Shenzhen and Hong Kong...
Big ticket India-China deals are picking up pace, a year after China’s premier Wen Jiabao visited India to boost neighborly relations. On Tuesday, Indian trading house Varun Industries said it will sell a 51 percent stake in an on-shore oil block at Madagascar...
An Indian and a Chinese company have formed a 50:50 Joint Venture to export electrical and power equipment to Europe. Havells India and China’s Shanghai Yaming Lighting Co have agreed to jointly set up a manufacturing unit in China with an investment of US$100 million...
Marking the first time Chinese companies will be developing Indian Copper mines in India, state-owned Hindustan Copper announced that three Chinese companies are part of consortiums that have bagged Rs 1,800-crore worth (US$105 million) of five contracts...
Kim Jong Il’s death leaves starkly different reactions from India and China. A friend and ally of China, North Korea continues to be viewed as a country which supplies military materials to India’s neighbors – Pakistan and China. While India and...