Marconi wired up for Chinese deal
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Telecoms equipment group Marconi  clinches a major deal allowing it an inroad into China and the rest of Asia.
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In a sign of the stronger economic ties between the U.S. and China, Verizon Communications Inc. is part of a plan to spend $500 million building the first high-speed optical communications line linking the two countries.
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An undisclosed bidder yesterday met the government's minimum asking price at an auction for one of technology's most coveted assets: airwaves that will be used to build a new wireless network.
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The news that PalmSource bought China MobileSoft for its knowledge of the exploding Chinese market for mobile devices makes a lot of sense.
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Research and Markets (http://www.researchandmarkets.com/reports/c50016)  has announced the addition of "Computer  Hardware in China" to their offering.
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ExcelStor, owned by the Chinese government, is being acquired in a stock deal.
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EBay Inc. will roll its China site into a joint venture run by a Chinese partner, a source said, in the latest example of a Western media firm ceding control of its China operation in the face of a tough market.
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A 30 percent stake in Hewlett-Packard&#39;s Chinese operations is up for sale to the highest bidder as the company&#39;s Chinese partner looks to sell its shares.In a filing (in Chinese) with the China Beijing Equity Exchange, state-owned China Electronics Import &amp; Export Co. (CEIEC) invited bids for its stake in China HP and set a minimum price of 967 million yuan ($133 million).CEIEC will accept bids until Feb. 2 from qualified Chinese companies. Offers from financial institutions or hedge funds will not be considered, it said.HP had little to say in response to CEIEC&#39;s offer, but reaffirmed the importance of China HP to its overall business.&quot;China is a critically important market to HP and continues to hold tremendous opportunities for our business. ... Whilst we do not comment on our financial or operational plans in the future, HP will ensure its business operations remain unaffected,&quot; wrote Joanne Tan, a company spokeswoman, in an e-mail.China HP was founded in 1985 as a joint venture between HP and CEIEC. Over the years, the joint venture has been successful and China HP is a major player in key local markets, such as PCs and servers.Joint ventures are a common way of doing business in China, with foreign companies tapping the experience and connections of a local partner.In the best situations, these partnerships can help the foreign company build and grow their business in China faster than would otherwise be possible.
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British and Chinese companies have signed key business agreements, including a multi-millon-dollar engine deal between Rolls-Royce and Air China, witnessed by Chinese Premier Wen Jiabao and British Prime Minister Tony Blair.
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China Telecom has selected Reliance-owned Flag Telecom to provide international bandwidth capacity between China and US West Coast, under a multi-million dollar contract.
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By Li Weitao  Hong Kong-listed China Telecom Corp Ltd has agreed to buy telecom- related assets from its State-owned parent in a move to increase its stock appeal as it copes with a slowing fixed-line business and a failure to obtain licenses to offer mobile phone services.
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Chinese company has signed a five-year deal for customer services and support.
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EBay Inc. on Tuesday confirmed it is forming a joint venture with Chinese partner Tom Online as the U.S. Web auction giant switches strategies for tapping the promising China market where it has so far struggled.
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Networking gear mainstay signs a deal with the Haier Group to develop products for the home.
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A 30 percent stake in Hewlett-Packardâs Chinese operations is up for sale to the highest bidder as the companyâs Chinese partner looks to sell its shares.
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Two affiliated wireless providers combine resources in a $630 million deal.
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MONTREAL (CP) - Bombardier Transportation has been selected by the Chinese government to negotiate a rail equipment contract worth a reported &#36;4.5 billion Cdn.