Tag: Investments into China

China’s New Normal: An Indispensable Locomotive of Global Growth

Despite the country’s recent slowed growth, China will inevitably maintain its position as a hub for investment and business opportunities as it will continue to drive the global market.

/ May 20, 2016

Major Taiwanese Chip Maker to Set Up $3 Billion China Plant

Shuang Shan Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest chip maker by revenue, announced Monday its plans to invest $3 billion in a 12-inch wafer production facility and design service center in Nanjing, China. The facility, wholly-owned by...

/ December 9, 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
Beijing taxi

Didi Kuaidi Raising $1.5 Billion to Retain Control of China’s Car Service Industry

By Lauren Dodillet Xiaoju Kuaizhi Inc.—also known as Didi Kuaidi, China’s largest taxi and ride-sharing company—is attempting to raise enough money to value the startup app at $45 billion. Back in April, Didi Kuaidi raised $600 million from US hedge...

/ June 18, 2015
Volkswagen logo on steering wheel

VW Zaps Life Into China’s Electric Vehicle Market

By Lauren Dodillet  On June 3, Volkswagon Group (VW) signed a deal with China’s SAIC Motor Corporation Ltd to boost research, development, and production of electric and hybrid vehicles in China. The deal is a part of Volkswagen’s larger commitment...

/ June 10, 2015
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
Neon Johnny Rockets sign

Johnny Rockets Blasts Off to China

By Lauren Dodillet  Johnny Rockets announced plans last week to open 100 restaurants in China over the next decade in its largest development agreement to date, a massive expansion plan that will help it open its first Chinese franchise in...

/ April 14, 2015
circuitry on a motherboard

IBM to Share its Technology with Chinese Firms

By Lauren Dodillet  International Business Machines Corporation CEO Virginia Rometty, speaking at the China Development Forum in late March, announced a reverse in the company’s China policy. IBM will now share its technology with Chinese firms and allow them to...

/ April 6, 2015

The Power Behind China’s Nuclear Ambitions

By Lauren Dodillet In September 2014, China announced its intention to become a world nuclear power, just two months before agreeing to a groundbreaking climate change deal with the United States. If that deal—which calls for China to increase non-fossil...

/ February 6, 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