Tag: Manufacturing

USCBC 2017 State Export Report

The US-China Business Council’s (USCBC) annual report on state exports shows that China continues to be an important destination for American goods and a significant contributor to US economic growth. "Since 2005, USCBC data reveals that US exports to China...

/ July 12, 2017

Child’s Play: Opportunities in China’s Toy Industry

China’s toy industry posted strong growth in 2016, countering recent trends in China’s light industry sector. While China’s total exports dropped by 7.7 percent and imports by 5.5 percent in 2016, toy exports rose by 9.5 percent and imports by...

/ June 7, 2017

The Road to Globalization for Chinese Multinationals

Chinese companies looking for deals abroad face five main challenges when globalizing through M&A —including the often overlooked human capital.

/ April 14, 2017

Managing Commercial and Labor Disputes in China

MNCs are now faced with a particularly stressful situation. As China’s economy is starting to slow, foreign companies are reassessing their footprint in China – and many have realized they no longer need the facilities, people, or partners they had....

/ March 1, 2017

New Year, New Trends: Tourism, Housing, and Manufacturing

A total of RMB 423.3 billion was spent on tourism during this year’s Chinese New Year holiday period, a 15.9 percent increase from last year according to the National Tourism Administration. As part of a seven percent increase in outbound...

/ February 20, 2017

Chinese Machinery Manufacturer Makes $3.3 Billion Offer to Buy Terex

Shuang Shan Chinese state-owned machinery manufacturer Zoomlion Heavy Industry Science and Technology Co Ltd submitted a proposal to buy US crane-manufacturer Terex Corporation for $3.3 billion in cash on Wednesday.  The proposal comes in the middle of the planned merger...

/ January 29, 2016

ChemChina Acquired German Machinery Manufacturer for $1 Billion

Shuang Shan China National Chemical Corporation (ChemChina) announced Monday it has agreed to buy German plastic and rubber machinery manufacturer KraussMaffei Group for $1.01 billion, funded by a consortium with Jiangsu Guoxin Investment Group Limited and AGIC Capital. The deal,...

/ January 14, 2016

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

State by State: China and Illinois Trade

By Dezan Shira & Associates Being the 5th most populous state in the U.S, Illinois has been the economic engine of the Midwest region and a national hub for global commerce. The state owns the third largest intermodal port in the...

Designing for China

How to protect your intellectual propertywhen setting up a factory in ChinaWhen Bruce Mitchell arrived in China in 2003, he had one mission: expand the global supply chain for Pittsburgh-based Spang & Company, a precision electronics engineering firm. After realizing...

/ January 21, 2015