All posts by Lauren Dodillet

Wind Farm

US, China Take Action on Climate Change

By Lauren Dodillet US President Barack Obama and Chinese President Xi Jinping announced a US-China agreement to limit greenhouse gas emissions last Wednesday, wrapping up two days of bilateral meetings after the Asia-Pacific Economic Cooperation (APEC) summit. The deal pledges...

/ November 18, 2014
Bullet Train

Mexico Reneges on Bullet Train Collaboration

By Lauren Dodillet President Enrique Peña Nieto has rescinded the contract won by a Chinese-led consortium last week to build a high-speed railway in Mexico due to questions over the deal’s legitimacy. Opposition legislators have questioned the transparency of the...

/ November 12, 2014

COFCO Announces IPO Three Years Out

By Lauren Dodillet China’s largest state-run grain trading company announced at the end of October that it was planning to launch an IPO within three years. China National Cereals, Oils, and Foodstuffs Corporation (COFCO) CEO Frank Ning said the company...

/ November 5, 2014

China Forms Infrastructure Bank Despite US Opposition

By Lauren Dodillet Representatives from China, India, and 19 other Asian nations gathered in Beijing last Friday to sign a memorandum of understanding to establish the Asian Infrastructure Investment Bank (AIIB). China, which proposed the project last year, hopes the...

/ October 30, 2014

Tianhe Chemicals Loses $3.1 Million on Fraud Allegations

By Lauren Dodillet Tianhe Chemicals Group Ltd., one of China’s leading chemicals producers, lost nearly $3.1 million in market value after hackers from the group Anonymous Analytics accused it of stock market fraud in early September. Tianhe CEO Wei Xuan...

/ October 22, 2014

China, Russia Sign Pipeline, Currency Exchange Deals

By Lauren Dodillet Chinese Prime Minister Li Keqiang and Russian Prime Minister Dmitry Medvedev signed 38 agreements promoting economic cooperation between the two countries on Monday in Moscow. Two major agreements concerned a natural gas pipeline and a yuan-ruble currency...

/ October 16, 2014

Chinese Insurance Group Purchases Waldorf Astoria Hotel

By Lauren Dodillet China’s state-owned Anbang Insurance Group Co. Ltd. agreed to buy New York City’s landmark Waldorf Astoria Hotel from Hilton Worldwide Holdings Inc. for $1.95 billion on Monday, reports Forbes. The deal sets dual all-time records: the largest...

/ October 8, 2014