Tag Archives: China Business

Powdered dairy products exporter Synlait Milk has turned in a maiden profit of $6.3 million for the year to July 31 and expects to seek fresh capital from its two shareholders as it pursues “further strongly profitable opportunities.” The Dunsandel-based processor added a further 20 supplier farms during the year and processed a total of 498 million litres of milk …

Chinese whiteware maker Haier has pushed its bid Fisher & Paykel Appliances to $1.28 a share, the bottom end of the independent valuation range, gaining crucial support from institutional investors to meet its 50 percent minimum acceptance threshold. Haier raised its bid 8 cents a share, bringing it within the independent valuation of between $1.28 and $1.57, it said in …

By Joanna Doolan The game is changing for foreign multinationals operating in China, with both warnings and opportunities tipped by Ernst & Young in its latest reports on Chinese productivity and growth. For the past decade foreign companies have done well in China, on the back of world-beating productivity gains, an expanding labour force, rising inflows of investment government policies …