A.P. Moller-Maersk said on Tuesday it had abandoned its P3 network plan after China's Ministry of Commerce announced it had not approved it.
The idea, announced last June, called for the company along with Swiss firm Mediterranean Shipping Company (MSC) and France's CMA CGM to pool about 250 ships seeking to cut costs.
Leading mobile chipmaker Qualcomm said on Wednesday it could face a civil action from U.S. authorities over alleged bribery of officials associated with state-owned companies in China.
Three employees at one of Marubeni Corp's grain trading units in China have been detained by authorities, the Japanese trading house said on Thursday, a move sources told Reuters was prompted by allegations the unit evaded taxes on soy bean imports.
Corruption charges against GlaxoSmithKline Plc executives in China are a warning to other foreign firms and could do irreparable damage to the British drugmaker's Chinese operations, the official Xinhua news agency said on Friday.