Category: Trade

Qualcomm Inc Sign

Qualcomm ‘Globalization’ Base to Win Back Chinese Tech Companies

By Lauren Dodillet  American company Qualcomm Incorporated, the world’s largest producer of chips for smartphones, announced the launch of its “globalization” unit on Monday. The Shenzhen-based unit—designed to help Chinese mobile tech companies compete overseas—comes shortly after Qualcomm settled an...

/ May 1, 2015
Movie Theater

Chinese Film Companies Hooked on Hollywood’s Reels

By Lauren Dodillet  Last Monday two major Chinese film firms—Huayi Brothers Media Corp. and Beijing Enlight Media Co.—confirmed new movie deals with Hollywood companies. They declined to mention the names of those companies for unknown reasons, but according to Agence...

/ March 26, 2015

Chinese State Nuclear Companies Merge into $96 Billion Firm

By Lauren Dodillet  A merger between state-owned nuclear enterprises China Power Investment Corporation (CPI) and State Nuclear Power Technology Company (SNPTC) was approved earlier this month by China’s State-owned Assets Supervision and Administration Commission. The resulting firm will have more...

/ February 20, 2015
Lady Justice

Dentons-Dacheng Merger Creates World’s Largest Law Firm

By Lauren Dodillet  China’s Dacheng Law Offices merged with international firm Dentons late last month, creating the world’s largest law firm and marking the second merger ever between a Chinese and multinational firm. Dacheng will join the other foreign firms...

/ February 10, 2015
Handshake

China’s Citic Makes Historic $10 Billion Deal

By Lauren Dodillet  Chinese state-owned investment company Citic Group announced that it will sell a 20 percent stake in its Hong-Kong based subsidiary Citic Ltd. to CT Bright—the 50-50 joint venture of Japanese Itochu Corporation and Thai Charoen Pokphand Group...

/ February 4, 2015
train yard

Merger of China’s Two Largest Rail Companies Forms $26 Billion Firm

By Lauren Dodillet  State-owned China CNR Corporation Limited (CNR) and China South Locomotive & Rolling Stock Corporation Limited (CSR) announced in a joint statement on December 30, 2014 that they will merge to form a single company—China Railway Stock Corp....

/ January 14, 2015
Air China Boeing 747

Air China Buys 60 Boeing 737s for $6 billion

By Lauren Dodillet  A Boeing Company press release announced today that Air China Ltd. ordered 60 Boeing 737 and 737 Max aircrafts. The purchase is valued at over $6 billion, but with large-order discounts, Bloomberg reports that Air China will...

/ December 22, 2014
Spinning Wind Turbines

Chinese Nuclear Group Strikes Wind Farm Deal in the UK

By Lauren Dodillet  China General Nuclear Power Group (CGN) struck a deal with French utility company Électricité de France (EDF) earlier this week to pay more than $150 million for an 80 percent share in three of EDF’s UK wind...

/ December 22, 2014
Lionsgate Booth

Dalian Wanda Eyes Lionsgate Purchase

By Lauren Dodillet  Dalian Wanda Group Corporation Ltd. is looking to buy a majority stake in Lions Gate Entertainment Corporation, a Canadian-American film company. Wanda’s chair Wang Jianlin—the fourth-richest man in China—met with Lionsgate chair Mark Rachesky in October to...

/ December 15, 2014
Grape Harvest

China, Australia Sign Free Trade Agreement

By Lauren Dodillet Chinese President Xi Jinping and Australian Prime Minister Tony Abbott met last week in Canberra to sign a landmark Free Trade Agreement (FTA) between their two countries. A decade in the making, the deal gives China the...

/ November 24, 2014