Tag: China

G20 Could Disrupt Yangtze River Delta Operations

As the Group of 20 (G20) Summit—the annual, large-scale global government conference—heads for Hangzhou, China in September, companies with operations in the Yangtze River Delta (YRD) region are planning for expected disruptions to production and logistics.

/ June 27, 2016
container ship

COSCO-China Shipping Merger Finally in The Works?

By Lauren Dodillet After years of rumors, a merger may be in the works for China Ocean Shipping (Group) Company (COSCO)—China’s largest shipping enterprise—and China Shipping (Group) Company. The two state-owned enterprises (SOEs) would combine over $82.9 billion in total...

/ August 27, 2015
Tianjin port

Tianjin Explosions May Spur Billions in Insurance Claims

By Lauren Dodillet A series of blasts in Tianjin on August 12th may cue billions of dollars in insurance claims. The explosions rocked the world’s third-largest port last Wednesday and burned into the weekend, the result of currently unknown circumstances...

/ August 20, 2015
Alibaba sign

$4.6 Billion Investment to Ally Alibaba with Suning Electronics Retailer

By Lauren Dodillet Alibaba Group Holding Ltd will invest $4.56 billion into Suning Commerce Group Co Ltd to accumulate a sum 19.99 percent share in the electronics company, a joint statement announced Monday. In return, Suning will purchase a 1.1...

/ August 13, 2015
PlayStation controller

China Welcomes Foreign Video Game Makers

By Lauren Dodillet Last week China’s Ministry of Culture finally lifted a 14 year ban on foreign video game consoles, giving companies like Nintendo Co., Sony Corp., and Microsoft Corp. access to what is projected to be a $25 billion...

/ August 4, 2015
train at railway signal

China Railway Signal Co. to List $1.8 Billion IPO on Hong Kong Market

By Lauren Dodillet State-owned China Railway Signal and Communications Corporation began looking for investors for its $1.8 billion Hong Kong IPO last Monday. The company—which makes signal systems used by China’s train network—opened up to institutional investors yesterday, and plans...

/ July 28, 2015

Where Does China Rank in the World?

By Bonita Chen Since the beginning of former Chinese leader Deng Xiaoping’s economic reforms in 1978, China has undergone unrivaled rapid economic growth, boosting an average GDP growth rate of 10 percent over the last three decades. But as China’s...

/ July 24, 2015
Shanghai Skyline

$19 Billion Fund Set to Stabilize Chinese Stocks

By Lauren Dodillet 21 Chinese securities companies led by Citic Securities Co. are pledging more than $19 billion dollars to a fund that will help stabilize the market. The fund, which opened Monday morning, is valued at approximately 15 percent...

/ July 9, 2015
Man on smartphone

Sparking New Business: US Innovation, with Chinese Funding

By Brooke Salkoff For Alex Gruzen, CEO of wireless charging pioneer WiTricity, working with a tech-focused venture capital firm in China seemed a natural fit. Gruzen knew China well from his time at Compaq, Hewlett-Packard, and then Dell, where he...

/ July 6, 2015
Transmission Lines

China’s CITIC Antes Up $113 Billion for Silk Road Initiative

By Lauren Dodillet Chinese state-owned conglomerate CITIC Ltd. announced last week that it will invest upwards of $113 billion dollars into China’s “One Belt, One Road” (aka the New Silk Road) initiative. The money will come from its banking, securities,...

/ June 30, 2015