EQT Mid Market Asia III fund made the investment in Guardian Shanghai Hygiene Service, which has a substantial presence in China's populous southern and eastern provinces.
Carmakers have responded to surging lithium prices by switching to lithium ferro-phosphate batteries, which China is best placed to supply worldwide, says Credit Suisse
ADB prescribed easing barriers to transport and trade, and boosting investments in education, training, health systems, social assistance, green infrastructure and technology
The Fujian-based company raked in 49.3 billion yuan ($7.7 billion) in revenue last year, a 38.9% surge, sustaining growth for the eighth consecutive year
It’s claimed the China Securities Regulatory Commission summoned top tech firms including Baidu and JD.com to tell them to prepare to make some disclosures
Switzerland has less demanding audit requirements than the US, which is preparing to delist Chinese companies that have flouted its rules
Alibaba powered Hang Seng's rise with its share repurchase plan, while China Eastern shares fell after one of its planes crashed on Monday
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.