Slowboat to China: No quick fix for luxury yacht firm Ferretti

Jun 29, 2015

Slowboat to China: No quick fix for luxury yacht firm Ferretti

When Chinese industrial conglomerate Weichai Group snapped up cash-strapped Italian luxury yacht builder Ferretti in 2012, the deal looked like a match made in heaven. Debt-laden Ferretti, known for the elegant Riva speedboats favoured by film star Sophia Loren, was the world’s top maker ...

Jun 29, 2015

China's UN climate pledges 'expected': state media

China is expected to unveil its long-awaited national pledges to reduce carbon emissions beyond 2020, a state-run newspaper said Monday, as Chinese Premier Li Keqiang visits Belgium and France ahead of a Paris climate summit. The world’s number one emitter has yet to put ...

At summit, EU hopes to deepen ties with China

| Jun 29, 2015

At summit, EU hopes to deepen ties with China

The European Union will briefly put aside worries about Greece to broaden its relations with China at a summit in Brussels on Monday, hoping for Chinese investment in Europe’s new infrastructure fund and support for a global climate deal. As China seeks to move ...