[UPDATED] Huawei Technologies, China's fast-growing networking equipment vendor, will finally end up owning 3Com of the US after all. After their JV came to an end last November, EngagingChina predicted that 3Com "would probably have little choice but to go private or accept a trade sale." As it turns out, it has done both...   more »

China's travel market is booming but you wouldn't guess so from the recent performance of London-listed ET-China, whose shares have lost almost 40% in less than two months. With hindsight, ET-China didn't pick a good time to join Aim, London's junior market..   more »

Could Stork, the Dutch industrial group, be the next western firm to succumb to Chinese money? Avic-1, China's fast-growing state-owned aerospace company, is rumoured to be interested in buying Stork's aerospace division, better known by its historic name of Fokker...    more »

The internet in China is not as restricted as sometimes believed in the west, says a HK-based professor of new media studies quoted by Reuters. Well, EngagingChina begs to differ...   more »

Chinese investors who have snapped up shares in China Shenhua Energy's IPO, the largest IPO ever in China, clearly think the company has stuck gold -- black gold. Meanwhile, China United Coalbed Methane has found a coalbed methane field with proven reserves of 5bn cubic metres...   more »

Patience is a virtue. Australian bank ANZ has taken its second minority stake in a Chinese bank, although the deal took four years to close. ANZ will pay $263m for a 19.9% stake in Shanghai Rural Commercial Bank (SRCB) - China's largest rural commercial bank...   more »

China's soaring stock markets have propelled Citic to become the world's fourth largest broker behind Goldman Sachs, Morgan Stanley and Merrill Lynch. Beijing-based Citic has a market capitalisation of more than $40bn and has put on $30bn just in the current year...   more »

Thanks to the magic of code-share, European low-cost carrier Air Berlin,which started life ferrying German tourists to the Spanish holiday island of Mallorca, will next year be batting in the big league with direct flights to China...   more »

China will launch its maiden unmanned mission to the moon in November, the culmination of the Chinese space programme that, like the US-Soviet space race of the 1960s, seems driven more by national pride than by any scientific rationale...   more »

Industrial shelving systems may not be glamorous but they are big business for Spanish-listed company Mecalux which, somewhat belatedly, is preparing to make its entry into the Chinese market...   more »