Tag: Chinese Investment

Don’t Misread Old Tealeaves

A series of derailed Chinese technology acquisitions in the US has triggered media reports about greater US scrutiny of Chinese investments. The release of an annual report by the Committee on Foreign Investment in the US (CFIUS), which reviews foreign...

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
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
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
Malaga Soccer Stadium

Anonymous Chinese Consortium to Buy Spanish Soccer Club

By Lauren Dodillet  A Chinese consortium identifying itself only as “Intellectually Manufactured in China” is in talks to buy 95 percent of Malaga Club de Futbol, a Spanish La Liga soccer club, from owner Sheikh Abdullah Al Thani. Five percent...

/ May 7, 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

China Goes West: The Globalization of Chinese Brands

In the following excerpt from Joel Backaler’s book “China Goes West: Everything You Need to Know About Chinese Companies Going Global,” the chairman of China’s largest domestic automaker discusses how his company bought out Sweden’s Volvo: “We are like a poor...

/ February 24, 2015
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