China is a honeypot for drug and cosmetic firms. Chinese consumers, hurt by a succession of contamination scandals, have little trust in domestic operators.
PIMCO has appointed Eric J. Mogelof as Head of Asia Pacific.
Stakes high for GSK in China
Samsung says that an external audit found labour violations at dozens of its suppliers in China, including failure to provide safety gear and excessive working hours, but that none involved child workers.
London will be the base for the first clearing bank outside Asia for the Chinese currency, supporting Britain's push to be the leading western centre for offshore renminbi trading.
Credit Suisse is set to pull in well over $100m (£60m) from the impending stock market listing of Alibaba, the Chinese internet group, after disclosing a $50m bond investment it made in 2012.
Business networking site LinkedIn has said it will stop users seeing content posted from China that breaches the country's strict censorship laws, after members complained that posts related to the Tiananmen anniversary had been blanked out.
Chinese shoppers could almost double the amount they spend to £3.5tn in four years with clothing offering the best opportunity for western retailers.
Ten months ago, when Chinese authorities first made allegations of corruption against GlaxoSmithKline's local unit, it was possible to think the affair would be resolved quietly and quickly.
The Anglo-Australian mining company Rio Tinto is suing Israeli billionaire Beny Steinmetz, accusing him of stealing one of the world's largest untapped iron ore reserves with a scheme that breached US laws against organised crime.
Bucking the trend ?
The chief executive of GlaxoSmithKline has insisted the British drugs group had no knowledge of the alleged cash and sexual favours bribery scandal which has engulfed the company in China before the police arrested four of its senior Chinese executives last week.
GlaxoSmithKline has admitted that some of its senior Chinese executives broke the law in a £320m cash and sexual favours bribery scandal.