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COLD storage logistics specialist Haisan Resources Bhd will begin discussions with Walls China, the ice-cream and confectionary division of Unilever, at the end of this month on the possibility of taking over storage operations of dry and temperature-controlled food in Beijing, said managing director Ong Chin Yet.
TOKYO: Foxconn Technology Group will begin construction this month on a US$9bil display plant in southern China, as billionaire founder Terry Gou makes a big bet on demand for giant-sized TV screens in healthcare and homes.
THE devaluation of the yuan, coupled with the weakening ringgit against most currencies, is expected to saddle Chinese companies with foreign exchange (forex) losses as a result of huge US-dollar debts at a time when the Johor property market is slowing down.
BEIJING: China started service Wednesday on the world's longest high-speed rail route, the latest milestone in the country's rapid and - sometimes troubled - super fast rail network.