(Bloomberg) — Midea Group Co. has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive to a deal, highlighting the persistent difficulties of Chinese takeovers. The Chinese…
Tag: Chinas
China’s property market is going in 2 directions, says ex-PBOC advisor
China’s real estate sector is going in “two directions,” and even though further stimulus is expected, a recovery will not likely happen soon, according to a former advisor to the People’s Bank…