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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm on Robotics, Pharma
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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm on 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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What Congressional Elections Mean for US-China Trade

What Congressional Elections Mean for US-China Trade

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 […]

China Business Review (Archive Only) USCBC
COFCO Announces IPO Three Years Out

COFCO Announces IPO Three Years Out

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., […]

China Business Review (Archive Only) Lauren Dodillet
China Forms Infrastructure Bank Despite US Opposition

China Forms Infrastructure Bank Despite US Opposition

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 […]

China Business Review (Archive Only) Lauren Dodillet
Tianhe Chemicals Loses $3.1 Million on Fraud Allegations

Tianhe Chemicals Loses $3.1 Million on Fraud Allegations

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 […]

China Business Review (Archive Only) Lauren Dodillet
Universal Studios to Open $3.3 Billion Beijing Theme Park

Universal Studios to Open $3.3 Billion Beijing Theme Park

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 […]

China Business Review (Archive Only) Ellen Huber
China, Russia Sign Pipeline, Currency Exchange Deals

China, Russia Sign Pipeline, Currency Exchange Deals

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 […]

China Business Review (Archive Only) Lauren Dodillet
China Continues Rural Support with Agribusiness Tax Incentives

China Continues Rural Support with Agribusiness Tax Incentives

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 […]

China Business Review (Archive Only) USCBC