The National Defense Authorization Act (NDAA) for 2027 is coming into focus after the House and Senate armed services committees advanced their versions of the bill earlier this month.
Organizer: APEC China Business Council Location: Yintelligence Center, Beijing, China Dates: September 14, 2015 – September 16, 2015 Website: Click here Email: [email protected] Phone: 010-65542128
By Lauren Dodillet China Shipping Container Lines Co. (CSCL)—a subsidiary of China Shipping Group Co.—is seeking to buy 10 ultra-large ships for $1.5 billion, reports the Wall Street Journal. The ships can carry up to 20,000 intermodal containers each, and will help the company to fulfill capacity commitments for its Ocean Three Alliance, a three-way […]
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 assets, including hundreds of bulk cargo and container ships, and hundreds of thousands of container […]
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 surrounding hazardous materials found at a storage facility. Financial planner Credit Suisse Group estimates that […]
By Lauren Dodillet Alibaba Group Holding Ltd will invest $4.56 billion into Suning Commerce Group Co Ltd to accumulate a sum 19.99 percent share in the electronics company, a joint statement announced Monday. In return, Suning will purchase a 1.1 percent stake in the Chinese e-commerce giant for $2.2 billion. The move is Alibaba’s biggest […]
Organizer: Omics International Location: Philadelphia, USA Dates: August 10, 2015 – August 11, 2015 Website: Click here Email: [email protected] Phone: 702-508-5202
By Lauren Dodillet Last week China’s Ministry of Culture finally lifted a 14 year ban on foreign video game consoles, giving companies like Nintendo Co., Sony Corp., and Microsoft Corp. access to what is projected to be a $25 billion dollar plus gaming industry by 2016—up from $13 billion at the start of 2014. The […]
By Lauren Dodillet State-owned China Railway Signal and Communications Corporation began looking for investors for its $1.8 billion Hong Kong IPO last Monday. The company—which makes signal systems used by China’s train network—opened up to institutional investors yesterday, and plans to list on the Hong Kong exchange August 7. Citigroup Inc., Morgan Stanley Wealth Management, […]
By Bonita Chen Since the beginning of former Chinese leader Deng Xiaoping’s economic reforms in 1978, China has undergone unrivaled rapid economic growth, boosting an average GDP growth rate of 10 percent over the last three decades. But as China’s break-neck expansion settles into the “New Normal” and its economy matures, measures beyond GDP gain […]
In the following excerpt from Edward Tse’s book China’s Disruptors: How Alibaba, Xiaomi, Tencent, and Other Companies Are Changing the Rules of Business, the founder and CEO of Gao Feng Advisory Company discusses current changes in the Chinese business environment: Writing about the fast-changing computing and information-technology industries of the 1990s, Shona L. Brown, a consultant and […]
