CIMC ditches $1.1 billion plan to acquire refrigerated container maker in latest blow to overseas M&A plans of Chinese companies

Xi vows to strengthen efforts to develop the nation’s talent pool. Beijing seeks to become the host city of the International Sustainability Standards Board. Another banking regulator is probed for graft

Shenzhen Component Index closed down 1.64%

Acquisition gives CIMC access to Maersk’s high-end refrigerated marine container technology, boosts CIMC plans for growth in transporting perishables

Rapid consolidation wave develops as CMIH, CIMC, AVIC consider pooling assets following pending CSSC, CSIC combination