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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm in Robotics, Pharma
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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm in Robotics, Pharma

President Donald Trump on Tuesday confirmed that his state visit to China, originally scheduled for the end of March, would be pushed back by “five to six weeks.” China has not confirmed a new timeframe and said it is in communication with the United States on the visit. While the delay means there’s more time to develop deliverables, it also injects uncertainty in the bilateral relationship.

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Didi Kuaidi Raising $1.5 Billion to Retain Control of China’s Car Service Industry

Didi Kuaidi Raising $1.5 Billion to Retain Control of China’s Car Service Industry

By Lauren Dodillet Xiaoju Kuaizhi Inc.—also known as Didi Kuaidi, China’s largest taxi and ride-sharing company—is attempting to raise enough money to value the startup app at $45 billion. Back in April, Didi Kuaidi raised $600 million from US hedge funds, valuing it at $8.75 billion; the new funding would more than double that and […]

China Business Review (Archive Only) Lauren Dodillet
Jack Ma Calls on Small US Businesses to Join Alibaba

Jack Ma Calls on Small US Businesses to Join Alibaba

by Natalie Polk Alibaba Group Holding Ltd.’s founder Jack Ma introduced his new globalization plan aimed to engage small US businesses in cross-border commerce with China on June 9 in New York. For Ma, the new strategy is  “simple and clear”: to help small US businesses thrive in the Chinese market by adding 10 million […]

China Business Review (Archive Only) Natalie Polk
VW Zaps Life Into China’s Electric Vehicle Market

VW Zaps Life Into China’s Electric Vehicle Market

By Lauren Dodillet  On June 3, Volkswagon Group (VW) signed a deal with China’s SAIC Motor Corporation Ltd to boost research, development, and production of electric and hybrid vehicles in China. The deal is a part of Volkswagen’s larger commitment to invest $29 billion dollars into China, its largest market, by 2019. VW and SAIC’s […]

China Business Review (Archive Only) Lauren Dodillet
What Scarce Labor Means for Talent Development in China

What Scarce Labor Means for Talent Development in China

A look at what best practices attract the best talent Jennifer Lawrence A China-based human resources (HR) director for a leading US multinational corporation (MNC) recently lamented, “We recruited for a regional sales director based in Shanghai, selected four candidates as finalists, and scheduled interviews. None of the finalists showed up to interview, because they […]

China Business Review (Archive Only) USCBC
Foreign Company R&D: In China, For China

Foreign Company R&D: In China, For China

Nick Marro At the 2014 World Economic Forum in Davos, Chinese Premier Li Keqiang announced China’s plan to encourage mass innovation and “foster a new engine of growth” for the Chinese economy. As policymakers grapple with China’s economic slowdown, this new model will be crucial to the successful transformation to a consumption-driven, service-based economy. Foreign […]

China Business Review (Archive Only) USCBC
JV Brings AccuWeather Tech to China

JV Brings AccuWeather Tech to China

By Lauren Dodillet  AccuWeather Inc. and Huafeng Media Group announced a joint venture (JV) on May 22. The JV, aka Huafeng-AccuWeather (Beijing) Co. Ltd, will bring AccuWeather technology to consumers in China, Taiwan, Hong Kong, and Macao via Huafeng’s forecast location capabilities. Huafeng, a commercial weather media company owned by the China Meteorological Administration, will […]

China Business Review (Archive Only) Lauren Dodillet
Boeing Sells Jets to Private Chinese Airline in $6.1 Billion Deal

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 by Minsheng Financial Leasing Co. Ltd and AVIC International Leasing Co. Ltd. One-year-old Ruili—based in […]

China Business Review (Archive Only) Lauren Dodillet
Evolution of Privacy

Evolution of Privacy

Until recently, the concept simply didn’t exist By Mei Yan For centuries in China, ruling powers advocated for social responsibility and cohesion, and treated individuality with suspicion. Until fairly recently, the concept of privacy, as the West understands it, simply didn’t exist. This absence is most clearly evident in the Chinese language. Until the 20th century, […]

China Business Review (Archive Only) USCBC