Tag: Trade

The 4 Biggest Roadblocks to Clearing Customs in China

Tapping into the Chinese market is often a long and complicated process. After all the hard work that is put into creating a product and preparing it for Chinese consumers, it’s deflating to see it sit in customs and gather...

Obtaining a Certificate of Origin in China: Application Procedure and Administrative Measures

For enterprises lawfully established in China and those which enjoy the right to engage in foreign trade, it is important for an exporter to know the requirements of the target country in order to avoid obstacles when exporting goods.

/ April 27, 2016

$38 Billion Boeing-China Deal Includes First Facility in China

Shuang Shan The sale of 300 Boeing Co. airplanes worth $38 billion to Chinese firms—the largest aerospace order ever from China—was announced last week during Chinese President Xi Jinping’s visit to Boeing in Seattle. The deal also includes a plan...

/ September 30, 2015
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
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
Airplanes on a runway

Boeing Sells Jets to Private Chinese Airline in $6.1 Billion Deal

By Lauren Dodillet The Boeing Company signed a contract—announced Monday—to provide Chinese budget airline Ruili Airlines with 60 new 737 Max jets within the next 10 years, although the exact delivery schedule has not been released. The $6.1 billion contract was brokered...

/ May 22, 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
Grape Harvest

China, Australia Sign Free Trade Agreement

By Lauren Dodillet Chinese President Xi Jinping and Australian Prime Minister Tony Abbott met last week in Canberra to sign a landmark Free Trade Agreement (FTA) between their two countries. A decade in the making, the deal gives China the...

/ November 24, 2014