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.
After initially planning a dual London-Hong Kong listing for 2014, Li Ka-shing’s Hutchinson Whampoa Ltd. has agreed to instead sell 25 percent of beauty retailer A.S. Watson Co. to Singapore’s state-owned Temasek Holdings Pte. Ltd. At $5.7 billion, the deal is Temasek’s largest to date, according to Bloomberg. The Temasek-Watson deal comes in the wake […]
Giant Interactive Group Inc., a Chinese online gaming developer, has accepted a $3 billion offer to take the company private. The bid comes from Giant chairman, Shi Yuzhu and private equity firms Baring Private Equity Asia, and Hony Capital of China. Giant, which has been listed in New York since 2007, agreed to the $12 […]
By Michel Brekelmans and Lane Chen China is now the largest auto market in the world, and while automakers have previously focused on new auto sales, there has been recent interest in developing China’s automotive aftermarket for vehicle service and repairs. The domestic automotive aftermarket is relatively new in China and there are several characteristics […]
By Shelly Zhao China continues to significantly lag in its commitments to promote and implement regulatory transparency measures, according to a new US-China Business Council (USCBC) report. USCBC analysis of the National People’s Congress (NPC), the State Council, and selected Chinese government agencies shows varying levels of compliance with transparency commitments. In particular, key agencies […]
Tencent Holdings Ltd., the owner of popular messaging services WeChat and QQ, announced on March 9 that it had formed a strategic partnership with China’s second-largest e-commerce company. JD.com, Inc., also known as Jingdong or 360Buy, will gain two of Tencent’s e-commerce holdings, a minority stake in Tencent’s e-commerce marketplace, and the ability to promote […]
Mei Yan, a former journalist and media executive, talks about how censorship shapes the news in China and how the media has changed since her father served as Mao’s propaganda chief. By Christina Nelson Mei Yan has witnessed the changes to China’s media landscape as an insider and an outsider. Her father, Mei Yi, served […]
By E.J. Thomas After months of speculation about a possible initial public offering (IPO) in London, Hong Kong, or the United States, Alibaba Group Holding Ltd. announced on March 16 that it has chosen to hold its IPO in the United States. Alibaba, which has been valued at more than $140 billion, controls nearly 80 […]
By E.J. Thomas China National Cereals, Oil, and Foodstuffs Corp. (COFCO), China’s largest grains trader, is in talks with Singapore-listed Noble Group Ltd. and Hopu Investment Management Co. to form a joint venture with Noble’s agribusiness operations, according to the Wall Street Journal. The agribusiness operations under discussion involve Noble’s sugar mills in Brazil, soybean […]
Poly Culture Group Corporation, the world’s third largest auction house, raised $331 million in a Hong Kong initial public offering (IPO) on February 28, according to the New York Times. The IPO was the first listing by a Chinese auction house and the first to be underwritten solely by the merged Citic Securities International and […]
Conducting due diligence in China has never been an easy task. But expansion of privacy laws and high-profile investigations of due diligence firms has made assessing business risks in China even more difficult. By Pooja Nair Acquiring information before entering into major business transactions is a standard part of American business culture. The term “due […]
