Meng Meng
Stories by Meng Meng
China’s Baowu Steel to acquire majority stake in rival Magang
The deal comes at a time when China is pushing for consolidation in its steel industry.
CNPC’s PetroChina to buy 30% stake in Brazil’s TT Work
Privately-owned TT Work is Brazil's fourth largest oil products distributor, with more than 13 storage facilities.
China’s FAW buys 10% stake in Mobike’s new car-sharing unit
Mobike Chuxing was set up in December with registered capital of $3 million.
China’s Baowu Steel says will consider other M&A opportunities
Baowu is seen as a potential bidder for loss-making Chongqing Iron & Steel Co,
China independent oil refiners set up $5b joint venture
The new alliance, called Shandong Refining & Chemical Group, gathers six independent oil processors and a provincial government-backed fund as investo