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What's behind China's cheap steel?

2016-04-25 01:10:35| BBC News | Business | UK Edition

But is China distorting global markets?

ABB secures advanced converter transformers contract for China's power grid

2016-04-20 01:00:00| Power Technology

ABB has secured contracts worth $300m to supply advanced converter transformers for two long-distance ultra-high-voltage direct current (UHVDC) transmission links in China.

Tags: advanced power contract converter

Investing In Nature Can Help Solve Water Pollution Challenges In China's 30 Largest Cities

2016-04-19 04:01:20| pollutiononline Home Page

The Nature Conservancy (TNC) released recentlytheChina Urban Water Blueprintshowing nature can be key to improving water quality for more than 150 million people.

Tags: water nature largest cities

Telstra sells stake in China's Autohome for USD 1.6 billion

2016-04-18 11:06:00| Telecompaper Headlines

(Telecompaper) Telstra has agreed to sell a 47.7 percent stake in Chinese online business Autohome to Ping An Insurance Group for USD 1.6 billion. Telstra will retain a 6.5 per cent interest in Autohome after completing the transaction. The sale price of USD 29.55 per share reflects a premium of 12.7 percent to Autohome's volume weighted average price over the past 60 days. Ping An is expected to support Autohome's expansion into the offline car retail market in China, offering its expertise in financing and insurance. Telstra said it expects to book an accounting gain of AUD 1.8 billion in the second half of fiscal 2016. Completion of the sale is subject to Chinese regulatory approvals and Autohome Board approval. Telstra said it will take a "balanced approach in considering the use of these funds, which includes potential capital management options".

Tags: usd billion sells stake