Asia-Pacific Business News
China will review M&A deals with foreign firms
China will launch a stated-level investment review body to ensure merger and acquisition deals struck by foregin firms in the country to not endanger national security. The new regulation will come into effect in March. Read more
Foreign investment up by 15%
Foregin direct investment in China increased 15.21 percent from a year earlier to US $8.46 billion in April, the Ministry of Commerce said yesterday. Read more
Hong Kong becomes key hub for business schools
Hong Kong is currently developing its position as an educational hub for the region and beyond. Hong Kong University of Science and Technology (HKUST) aims to draw in more students from Europe and the United States to strengthen its position internationally and also wants to attract students from the Chinese mainland to cash in on the growing economic engine. Read more
PetroChina to expand overseas market
BEIJING – Senior executives of PetroChina Co., Ltd., said that the company will continue to seek opportunity for overseas merger and acquisition (M&A) and further expand its Latin American presence. Read more
Beijing municipality to promote local IPOs
Beijing municipality is in talks with “several” large foreign equity investment institutions, and plans to jointly launch more private equity funds in mid-Jun 2011 to promote the listing of local companies, said an official with the Beijing Municipal Bureau of Financial Work. Read more





