CHINA TOPIX

03/28/2024 03:13:48 pm

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Fujian Grand Chip Investment Fund

Chinese investments

Chinese Overseas Investments Grew 40% in 2016

China reported a record increase in its overseas investments in 2016. Chinese firms raised their investment spending across the globe with special emphasis on technology-related acquisitions and advanced manufacturing operations.

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Guangdong Southern Tigers Outlast Fujian Sturgeons in Overtime, Join Shanghai Sharks on the Top of CBA’s Team Standing

The team of Guangdong Southern Tigers continued to soar high in the 22nd season of the Chinese Basketball Association (CBA) as they nosed out the 16th-ranked Fujian Strurgeons with a 123-113 overtime triumph in the league’s 25th round on Wednesday night.

China pleaded the US government to stop throwing suspicions and hampering deals.

China Incensed After Obama Blocks Aixtron Takeover Deal

China urged the US to stop interfering foreign corporate merger and acquisitions, after outgoing US President Barack Obama blocked the sale of Germany's Aixtron SE to China's Grand Chip Investment GmbH because it reportedly poses national security risks.

Aixtron Acquisition Deal.

German Chipmaker Aixtron Says U.S. Opposes Chinese Takeover Deal on Security Grounds

German chipmaker Aixtron's pending acquisition by China's Fujian Grand Chip Investment Fund (FGC) seems to have hit a minor roadblock. The German chipmaker said that it had received a recommendation from the Committee on Foreign Investment in the United States (CFIUS) to block the proposed takeover deal.

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