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APEC members urged to embrace inclusive growth By ZHONG NAN | China Daily | Updated: 2021-05-15 07:04 Share Employees make auto parts at a foreign-funded company in Anshan, Liaoning province. [Photo/Xinhua]
China is calling on Asia-Pacific Economic Cooperation member economies to explore new rules to advance inclusive growth in the Asia-Pacific region and the world, a senior government official said on Friday.
APEC needs to accelerate regional integration, so that growth can benefit all groups. It is crucial to further liberalize and facilitate trade and investment, with the vision of achieving a regionwide free-trade agreement, said Wang Shouwen, vice-minister of commerce.
Reckitt Benckiser shortlists bidders for Mead Johnson China biz
Shanghai, China. Source: Denys Nevozhai/Unsplash
May 14, 2021
British consumer goods company Reckitt Benckiser Group has shortlisted bidders including Bain Capital, Carlyle Group and dairy producer Yili to submit binding offers for its Greater China infant formula business, sources said.
The group has hired Morgan Stanley to run an auction of infant formula unit Mead Johnson in Greater China, in a deal that could fetch over $2 billion. Morgan Stanley declined to comment.
Also on the shortlist are Sequoia Capital China teaming up with its portfolio company Shijiazhuang Junlebao Dairy Co, and private equity firm KKR & Co, said the sources, who declined to be named as the information is confidential.
China still priority market for US firms: report
China remains a priority market for companies from the United States, and wholesale decoupling of the U.S. and Chinese economies is in neither country’s economic interest, according to a business report released on Tuesday by the American Chamber of Commerce in China.
The group, representing U.S.-based companies and often called AmCham China, called on China and the U.S. to cooperate in areas of global common interest and identify opportunities to strengthen global public health infrastructure in 2021, so that the world is better prepared for the next public health crisis, according the 23rd edition of the “American Business in China White Paper”.
1 2021-05-12 08:34:24China Daily
Editor : Li Yan
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A U.S. cargo ship docks at the Qingdao Port, Shandong province. (Photo by Yu Shaoyue/For China Daily)
China remains a priority market for companies from the United States, and wholesale decoupling of the U.S. and Chinese economies is in neither country s economic interest, according to a business report released on Tuesday by the American Chamber of Commerce in China.
The group, representing U.S.-based companies and often called AmCham China, called on China and the U.S. to cooperate in areas of global common interest and identify opportunities to strengthen global public health infrastructure in 2021, so that the world is better prepared for the next public health crisis, according the 23rd edition of the American Business in China White Paper .