Global Payments Asia-Pacific Limited has become the first foreign payment card processor to launch China UnionPay card acquiring service in China.

During Starbucks' recent investor conference, the company announced plans for even greater China growth.

The Blackstone Group has inked an agreement to manage Bank of America Merrill Lynch's Asian real estate assets across Asia, with the majority in Japan, China, India and South Korea.

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Chinese telecom operator China Unicom and Five Star Appliance, Best Buy's electronics retail subsidiary in China, have signed a strategic cooperation agreement covering various services of China Unicom.

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