With the takeover of the Beijing real estate group Soho China, the US private equity company Blackstone has made its largest real estate deal in China to date. The takeover cost a good $3 billion. This is already the third billion-dollar deal with China in just a few months. Other large financial companies are also expanding in China.
Von Frank Sieren
Xi Jinping is giving the Communist Party a magnificent museum full of symbols to mark its centenary on July 1 – and immortalizing himself in the process.
Von
Anyone who wants to process data of European citizens in China or data from China abroad will have to be even more careful in the future. Otherwise, they could face severe penalties. Two new laws seem to make China more like the EU – but the situation is now even more complicated for companies.
Von Falk Steiner
Mit der Übernahme des Pekinger Immobilienkonzerns Soho China hat das US-Private-Equity Unternehmen Blackstone sein bislang größtes Immobiliengeschäft in China getätigt. Gut drei Milliarden US-Dollar kostet die Übernahme. Das ist schon das dritte Milliardengeschäft mit China in wenigen Monaten. Auch andere große Finanzunternehmen expandieren in China.
Von Frank Sieren
