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.
By Lauren Dodillet 21 Chinese securities companies led by Citic Securities Co. are pledging more than $19 billion dollars to a fund that will help stabilize the market. The fund, which opened Monday morning, is valued at approximately 15 percent of its contributors’ net assets. Their July 4 joint statement also announced the companies’ pledge […]
By Brooke Salkoff For Alex Gruzen, CEO of wireless charging pioneer WiTricity, working with a tech-focused venture capital firm in China seemed a natural fit. Gruzen knew China well from his time at Compaq, Hewlett-Packard, and then Dell, where he led the company’s global notebook business. Since joining Boston-based WiTricity, Gruzen’s priorities included getting the […]
By Dezan Shira & Associates Being the 5th most populous state in the U.S, Illinois has been the economic engine of the Midwest region and a national hub for global commerce. The state owns the third largest intermodal port in the world, after Hong Kong and Singapore. As the state of innovation, Illinois is home to […]
By Lauren Dodillet Chinese state-owned conglomerate CITIC Ltd. announced last week that it will invest upwards of $113 billion dollars into China’s “One Belt, One Road” (aka the New Silk Road) initiative. The money will come from its banking, securities, trust, and construction divisions, and will be put toward the completion of approximately 300 projects […]
Are organic products safer than other products? Are foreign imports really worth paying 2-3 times the cost of domestic items? These are some of the questions conscientious Chinese consumers may find themselves asking when they step into one of the international supermarkets that now dot the top tier cities along China’s coastline. Given the recent food scandals and the resulting wide-scale distrust towards domestic food products, many middle class Chinese consumers have shown to be willing to sh
By Natalie Polk Dalian Wanda Group, China’s largest commercial property developer, raised $805 million to finance the construction of shopping malls across China in only three days—leveraged almost entirely through Internet crowdfunding. Wanda used Internet financing app Stable Earner No.1 to allow investors to make quick transactions with online payment-service 99 Bill. Wanda used an […]
Event Starts: June 24, 2015 Event Ends: June 24, 2015 Venue: SIFMA Conference Center – 120 Broadway City: New York Country: USA Organizer: Securities Industry – Financial Markets Institute (SIFMA) Contact Person: Lisa Fues Phone: 202-962-7356 Email: [email protected] Event URL: http://www.sifma.org/chinasummit2015/
Organizer: China-US Pathway Dates: June 8-June 18, 2015 Invitation and Information: Invitation to Business Development Mission to China
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 […]
