![China was already one of Cochlear's top five markets.](http://web.archive.org./web/20170715120619im_/https://www.fairfaxstatic.com.au/content/dam/images/g/w/r/u/7/e/image.related.landscape.460x307.gxaepo.png/1499937735219.jpg)
Cochlear 'committed' to Australia despite China move
Bionic ear implant manufacturer Cochlear will spend $50 million developing its first facility in China as it looks to service the fast-growing market.
Mathew Dunckley in BusinessDay Editor for The Sydney Morning Herald and The Age. Based in our Melbourne newsroom, Mathew has over more than 15 years experience as a journalist and editor.
Bionic ear implant manufacturer Cochlear will spend $50 million developing its first facility in China as it looks to service the fast-growing market.
Coles and Woolworths have launched a bare-knuckle brawl for shoppers' bread bins.
Investors have hammered Coca-Cola Amatil on Friday after a double-shot of bad news on Thursday.
Blackmores chief executive Christine Holgate will be the new boss at Australia Post.
The Sydney landmark is at the heart of a $1.1 billion buying spree unveiled by listed property giant Dexus on Wednesday.
Credit rating agency Moody's has downgraded a dozen Australian banks, including the big four, citing increased risks in the nation's increasingly indebted households.
Telstra is set to cut up 1400 jobs as the telco looks to cut costs.
The chiefs of Australian companies seem more optimistic about the corporate environment than their peers overseas but less certain about the broader economy, according to a survey.
A billionaire retail property legend, the chairman of one of the world's biggest miners, a manufacturing icon with heavy links to medical research and the man who makes the magic at Penfolds are among the business identities handed the highest honours this Queen's Birthday.
Business leaders are looking to do deals to satisfy shareholder demands for growth but they are worried about the prospect of greater regulation, a new survey has found.
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