Tag: China’s Investments Abroad

China Invests Heavily in US Real Estate, Energy

By Stephanie Henry US governors are heading to China in increasing numbers to seek potential investors for public and private projects. Since 2009, US governors have led 58 trade missions to China, helping to usher in more than $34 billion...

/ September 3, 2014

China Signs Dozens of Deals in Latin America

By Elise Pietro Chinese President Xi Jinping signed dozens of deals in Argentina and Venezuela during his tour through Latin America. The trip, his second to the region since he took office last year, highlights trade between China and Latin...

/ July 23, 2014

Behind the Forbes Buyout: A Sign of Things to Come?

By Andrew Gong The new Hong Kong-based investor group Integrated Whale Media Investments has purchased an 80 percent ownership stake in Forbes Media LLC for approximately $300 million, according to Deutsche Welle. The Forbes family will retain a significant ownership...

/ July 23, 2014

China’s Hony Capital Acquires PizzaExpress for $1.54 Billion

Chinese private equity group Hony Capital Ltd agreed to buy UK restaurant group PizzaExpress for $1.54 billion late last week, fending off rival Chinese bidder Citic Group. The British restaurant chain has more than 500 stores, most of which are...

/ July 15, 2014

BP, CNOOC Lead $24 Billion Deal-Signing Spree at UK-China Summit

By Andrew Gong BP signed a $20 billion agreement with China National Offshore Oil Corporation (CNOOC) this week as part of a series of trade deals struck during Chinese Premier Li Keqiang’s visit to the United Kingdom. The deal, which...

/ June 18, 2014

China Mobile Makes $881 Million Investment in Thailand’s True Corp

China Mobile Ltd. agreed on June 9 to purchase an 18 percent stake in the Thai telecommunications conglomerate True Corp. for $881 million. This deal comes less than three weeks after the Thai military seized power in a coup d’etat—an...

/ June 13, 2014

Alibaba to Purchase 10 Percent Stake in Singapore Post for $249 Million

Alibaba Group Holding Ltd. has agreed to pay $249 million for a 10.4 percent stake in Singapore Post Ltd., also known as SingPost, in a deal that could expand Alibaba’s logistics business to new markets overseas, according to a statement...

/ May 30, 2014

Sinopec and Huadian Take 15 Percent Stake in Petronas’ Canadian LNG Project

China Petrochemical Corp, or Sinopec, and state-owned power group China Huadian Corp will acquire a combined 15 percent stake in a Canadian liquefied natural gas (LNG) project from Malaysia’s Petroliam Nasional Bhd, or Petronas. A Petronas statement did not specify...

/ May 5, 2014

Sinopec Purchases Stake in Kazakh Oil Interests for $1.2 Billion

China Petroleum & Chemical Corp, also known as Sinopec, has agreed to purchase a 50 percent stake in Caspian Investment Resources Ltd. from Russia’s OAO Lukoil for $1.2 billion. After acquiring half of the oil and gas producer in 2010,...

/ April 16, 2014

Chinese Consortium to Pay $5.85 Billion for Peru Copper Mine

A Chinese consortium led by China Minmetals Corporation has said it will pay $5.85 billion for a giant Peruvian copper mine owned by Glencore Xstrata PLC. The group will also pay all development costs for the Las Bambas mine from...

/ April 16, 2014