Tag: Agreements

China’s Biggest Internet Company Pays $448 Million for Search Engine Stake

China’s largest internet company, Tencent Holdings Ltd., on September 16 said that it had paid $448 million for a 36.5 percent stake in the country’s third-largest search engine, Sogou, in an effort to win more users. Tencent—a provider of online...

/ September 17, 2013

China and Switzerland Sign Preliminary Free-Trade Deal

During a visit to Switzerland by Chinese Premier Li Keqiang on May 24, China and Switzerland signed the framework for a free-trade agreement, which would be the first free-trade deal signed between China and a major Western economy. Bilateral trade...

/ June 18, 2013

India and China Sign 8 Agreements on Trade

During Chinese Premier Li Keqiang’s four-day visit to India from May 19-22, eight agreements were signed to enhance trade between China and India. The two sides agreed to set up working groups to enhance trade, exchange best practices in agriculture,...

/ May 20, 2013

Israel and China Sign Agreement to Boost Exports

During a five-day trip to China, Israeli Prime Minister Benjamin Netanyahu and Chinese Premier Li Keqiang signed an agreement on May 8 to increase exports by offering exporters from both countries extra financial protection. The deal increases the amount of...

/ May 20, 2013

Goldman Sachs Sells Remaining Stake in China’s ICBC

Goldman Sachs Group Inc. is selling the rest of its stake in Industrial & Commerce Bank of China Ltd. for about $1.1 billion. Goldman made the investment about seven years ago. If the sale is successful, the Wall Street Journal...

/ May 20, 2013

Australia Receives China’s Approval of Meat Storage Facilities

On April 17, China accredited 28 Australian cold store facilities and four red meat plants. The decision, according to the Australian Department of Foreign Affairs and Trade, will allow meat exporters to store their product and export in response to...

/ May 6, 2013

Microsoft Signs Patent Deal with ZTE

On April 23, Microsoft signed a patent deal with Chinese smartphone maker ZTE. The deal covers ZTE’s use of the Android and Chrome operating systems, for which Microsoft possesses some intellectual property rights to some of the software’s underlying technologies,...

/ May 6, 2013

Iceland and China Sign Free-Trade Agreement

On April 14 during a visit five-day visit to China by Prime Minister Johanna Sigurdardottir, Iceland became the first European country to sign a free-trade agreement with China after nearly six years of talks. The deal will lower tariffs on...

/ April 17, 2013

California and China Agree to Boost Investment

On April 10, California and China signed an agreement to boost trade and investment by setting up a joint task force between California and China’s Ministry of Commerce and six Chinese provinces and regions. California and China have identified infrastructure,...

/ April 16, 2013

California and Guangdong Sign Environmental Accord

On April 15, California signed an environmental agreement with Guangdong “to help each achieve its low-carbon development goals.”

/ April 16, 2013