Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
Shuang Shan China Three Gorges Corporation (CTG)—a state-owned power company—agreed on Wednesday to operate two major Brazilian hydroelectric power stations for the next 30 years. The $3.7 billion deal makes CTG the biggest player in Brazil’s hydropower plant auction this year, a government initiative aimed to narrow Brazil’s budget deficit. The deal gives CTG—the sole […]
How Nestlé Won China’s Goodwill
Nestlé’s goodwill strategy enables it to balance the two significant, often competing, issues facing companies: creating shareholder value through value-chain activities and using social responsibility to enhance local stakeholder value in China. Of course, a goodwill strategy cannot address all issues, but Nestlé’s success here does provide a compelling case.
Chinese people are less stressed than Americans, but share some of the same Top 5 stressors.
Shuang Shan China General Nuclear Power Corporation (CGN) acquired 100 percent of Edra Global Energy Bhd, the second-largest power producer in Malaysia and the power subsidiary of 1Malaysia Development Bhd (1MDB), for $2.3 billion and the assumption of all of Edra’s unspecified debt. The purchase, which came on the heels of Chinese Premier Li Keqiang’s […]
Singles aren’t alone in China. Singles Day, a manufactured holiday for online shopping in China akin to Cyber Monday, drew in 82 percent of shoppers who spent an average of 1,577 yuan ($247 USD) on Nov. 11. In 2009, Alibaba challenged singletons to shop online on the loneliest day of the calendar: 11/11. In 2014, […]
Photo by blake.thornberry via FlickrWhen Joel
Moser, founder and CEO of Aquamarine Investment Partners, a global
institutional investor and manager of private equity, set out to meet possible
partners and learn the real estate and energy infrastructure plans around Asia,
he landed in the Longgang district of Shenzhen, China. He knew he was in the
city of the future, ripe with development and set to dethrone Hong Kong as the
portal to the West.Q: You describe your visit to Shenzhen as
eye-opening
Shuang Shan Update: ChemChina’s $43 billion cash bid to acquire Syngenta was green lighted by Syngenta’s board of directors Wednesday, making it the largest acquisition of a foreign company by Chinese business. As part of the deal, ChemChina will pay $465 plus a special dividend of $4.91 per share. The deal is currently waiting for […]
Operational efficiency, created by “greening” business
operations, can create direct economic benefits for businesses in China, where
energy costs, as opposed to fixed labor costs in the US, can be a company’s main
expense.For example, in Beijing, commercial electricity is about
twice as expensive as the
average in the United States. On the other hand, the hourly cost of labor
is about four times cheaper in Beijing according to minimum wage reports.Becoming green is often associated with, and do
Shuang Shan Alibaba Group Holding Limited agreed last Friday to buy out Internet television company Youku Tudou Inc. for $3.7 billion in cash, at a premium price of $27.60 per share. Already holding 18.3 percent of Youku Tudou before the deal, Alibaba now has full ownership of Youku Tudou allowing it to expand in the […]
