CITIC Pacific buys from parent for US$36 billion
Hong Kong's steelmaker and property developer CITIC Pacific will pay Rmb226.9 billion (US$36 billion) to buy Chinese banking and brokerage assets from
In the news: CITIC sells assets, FDI reform planned, factory workers strike, Veolia accused of water pollution and China goes to Hollywood
This week CITIC Pacific bought its parent company's banking assets, officials considered unifying domestic and foreign investment laws, a factory strike escalated and China Film invested in Hollywood productions
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