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Coca-Cola Co set up the world's fastest bottling line recently in Chengdu, capital of Southwest China's Sichuan province, as the United States-based global beverage giant looks to further expand its manufacturing capacity and investment in China.

Commenting just a day after expressing interest, Great Wall said there are "big uncertainties" whether it will continue to study Fiat Chrysler. The Baoding-based automaker said in a filing to the Shanghai Stock Exchange that its efforts have "not generated concrete progress as of now," and it hasn't established contacts with Fiat's board.

Community leaders, professionals and academics will be invited to independently examine and review society's deep-seated problems and make suggestions to the government on possible solutions.

Competition will also characterize the world of cloud services in 2012 as the strategic focus shifts from building infrastructure to the creation of application platforms and ecosystems. Here the battle for enterprise platform dominance is just getting underway with established players like IBM, Microsoft, and Oracle facing serious challenges from Amazon, Google, Salesforce.com, and VMware. As evidence of this challenge, IDC expects Amazon Web Services to exceed billion in cloud services business in 2012 with Google’s Enterprise business to follow within 18 months. IDC also expects a merger and acquisition (M&A) feeding frenzy as these companies seek to gain a competitive edge. Look for Microsoft to buy a content/media cloud, like Netflix, to provide a marketplace for its apps and content. Other prime targets for acquisition include Cloud Application/SaaS companies, like Workday, NetSuite, and Taleo.

Compared to operating as a subsidiary, operating as a branch allows ABC to enjoy far greater lending and financing capacity in the UK.