From the first issue in 1974 and well into the 2010s, the China Business Review was an indispensable resource for businesses, researchers, and policymakers who needed a first-hand account of the challenges and the tremendous opportunities posed by the China market.
By Stephanie Henry Though China did not play a major role in many congressional midterm elections, the makeup of the new republican-led Congress may have a significant impact on US-China commercial and trade issues in 2015 and beyond. At the start of the 114th Congress in January, republicans will hold at least 52 seats in […]
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 will prioritize vertically integrating its newest acquisitions, grain exporters Nidera LLP and Noble Agri Ltd., […]
By Lauren Dodillet Representatives from China, India, and 19 other Asian nations gathered in Beijing last Friday to sign a memorandum of understanding to establish the Asian Infrastructure Investment Bank (AIIB). China, which proposed the project last year, hopes the Beijing-based bank will effectively replace the Asian Development Bank and the World Bank in supporting […]
By Lauren Dodillet Tianhe Chemicals Group Ltd., one of China’s leading chemicals producers, lost nearly $3.1 million in market value after hackers from the group Anonymous Analytics accused it of stock market fraud in early September. Tianhe CEO Wei Xuan denied all accusations of tax dodging and revenue misrepresentation, and requested a halt to Tianhe […]
By Ellen Huber US film company Universal Studios Inc. has teamed up with state-owned Chinese partner Shouhuan Cultural Tourism Investment Company to build a $3.3 billion theme park in Beijing. The park—which will be owned by the partners and a consortium of state-owned enterprises—is expected to open in 2019, reports the Financial Times. The deal […]
By Lauren Dodillet Chinese Prime Minister Li Keqiang and Russian Prime Minister Dmitry Medvedev signed 38 agreements promoting economic cooperation between the two countries on Monday in Moscow. Two major agreements concerned a natural gas pipeline and a yuan-ruble currency exchange. The currency exchange deal—set to last for the next three years—is worth up to […]
By Amy Ling and Hardy Zhou This year marks the 11th consecutive year in which the Central Committee of the Communist Party of China has focused on rural issues in its most important policy statement of the year, the No. 1 Central Document. This repeated emphasis on supporting and protecting agriculture, rural areas, and farmers […]
By Lauren Dodillet China’s state-owned Anbang Insurance Group Co. Ltd. agreed to buy New York City’s landmark Waldorf Astoria Hotel from Hilton Worldwide Holdings Inc. for $1.95 billion on Monday, reports Forbes. The deal sets dual all-time records: the largest acquisition of US real estate by a Chinese buyer and the most expensive purchase of […]
Organizer: New York U.S. Export Assistance Center Location: New York Athletic Club, New York, NY Date: Oct. 7-8, 2014 Website: http://export.gov/newyork/discover/index.asp Contact: Melissa Hill Email: [email protected] Phone: 212-471-0062
By Ellen Huber China and Spain signed business deals worth about $4 billion at the end of September, just before Spanish Prime Minister Mariano Rajoy visited China on an investment mission, reports Reuters. Chinese and Spanish companies in industries like finance, nuclear power, and telecom signed a total of 14 deals during a ceremony at […]
