Will make the Japanese company the world's third-largest maker of distilled drinks.
The move comes a week after U.S. rival Revlon pulled out completely from the slowing China market.
China has been looking open up key sectors of the economy to boost growth.
500.com, the only U.S.-listed Chinese lottery firm, among handful of companies likely to benefit from industry forced consolidation.
Problems have piled up at Taiwanese company that once sold one in every 10 smartphones.
Announces measures to reach goal of more than quadrupling solar power generating capacity by 2015.
Adds to evidence that the world's second-largest economy lost steam into the close of 2013.
Tests show product contains DNA of other animals, putting retailer's reputation for quality at risk.
Weakening of the yen fuels exports from Japanese rivals.
Recently introduced sales tax held back consumer spending.
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