Tag: Joint Venture

Warner Bros. Joins Hollywood Trend Producing Chinese Films

  Shuang Shan Warner Bros. Entertainment Inc. and China Media Capital Partners (CMC) are forming a joint venture called Flagship Entertainment Group Ltd. to produce Chinese language films for the Chinese market. Flagship—majority-owned by CMC—could see its first production released...

/ September 24, 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

JV Brings AccuWeather Tech to China

By Lauren Dodillet  AccuWeather Inc. and Huafeng Media Group announced a joint venture (JV) on May 22. The JV, aka Huafeng-AccuWeather (Beijing) Co. Ltd, will bring AccuWeather technology to consumers in China, Taiwan, Hong Kong, and Macao via Huafeng’s forecast...

/ May 28, 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
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
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

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

Sinopec, Weatherford Team Up to Tap China’s Shale Reserves

China’s Sinopec Group has agreed to form a joint venture oilfield services company with Weatherford International to tap into China’s potentially vast shale gas resources. The new entity will combine Weatherford’s technological capabilities with Sinopec’s expansion potential in China, where...

/ June 6, 2014

COFCO, Hopu Purchase 51 Percent Stake in Noble Agribusiness Unit for $1.5 Billion

By E.J. Thomas China National Cereals, Oil, and Foodstuffs Corp. (COFCO), China’s largest grains trader, has agreed to pay $1.5 billion for a majority stake in Noble Group Limited’s agribusiness unit. As part of the deal, Hopu Investment Management Co.,...

/ April 3, 2014

LinkedIn Refocuses on China with Chinese Website and Joint Venture

LinkedIn Corp announced at the end of February that it was launching a Chinese language website in an effort to reach the estimated 140 million professionals in China. At the same time, the company announced that it had formed a...

/ February 28, 2014