By Andrew Peaple
A DOW JONES COLUMN
When it comes to bolstering its stock market, Beijing is nothing if not
persistent.
The latest effort is a thinly-veiled appeal to insurance companies for help. In
private the China Insurance Regulatory Commission asked firms to stop selling
equities and start buying again. Publicly the regulator said insurers [...]
HONG KONG (Dow Jones)–Coca-Cola Co. (KO) said Wednesday it plans to buy beverage
producer China Huiyuan Juice Group Ltd. (1886.HK) for US$2.4 billion, in what
will be the Atlanta-based company’s second-biggest acquisition ever.
Coca-Cola’s offer sounded high to analysts, but they said the company has to pay
a big premium to expand further into China’s increasingly competitive beverage
market. In [...]
China looks to the Near West
Commentary: Having been burned in the U.S., China goes to Europe
By MarketWatch
NEW YORK (MarketWatch) — China Development Bank is in the position U.S. banks
were in a few years ago: seizing upon weakness overseas.
CDB (CDBZY) is readying a bid to buy a stake or more in Dresdner Bank AG,
according to reports. [...]
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