Shanghai Chaori Solar Energy Science & Technology Co. said it may not be able to make an 89.8 million yuan ($14.6 million) interest payment in full on March 7, in what would be the first default of an onshore bond.
China’s President Xi Jinping ordered a crackdown on “violent terrorist activities” after 33 people died when knife-wielding assailants rampaged through a train station in a southwestern city on March 1.
Shanghai Fosun Pharmaceutical Group Co. teamed up with private-equity firm TPG Capital to acquire Chindex International Inc., in a deal valuing the New York- listed operator of hospitals in China at $369 million.
Chinese police today shot and killed eight people who attacked a convoy of patrol cars in the nation’s northwestern Xinjiang Uighur Autonomous Region, a website run by the local government’s press office said.
New York City Comptroller John Liu stood in a Chinatown banquet hall last week surrounded by hundreds of guests who paid $100 each to celebrate his 46th birthday. There were platters of noodles, balloons and enough American flag-themed cake to feed the entire room.
Anxin-China Holdings Ltd., a provider of safety-monitoring services in China, agreed to buy a maker of elevator-security systems for HK$1.3 billion ($167 million) in cash to expand its range of operations.