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: The Organizing Committee of China International Fair for Investment & Trade Location: Jinmao Ballroom, The Westin Beijing Chaoyang (7 North Dongshanhuan Road, Chaoyang District, Beijing) Date: April 24, 2014 Web: http://www.chinafair.org.cn Contact: Ms. Qin Email: [email protected], [email protected] Phone: 0592-2669827 Promotional Symposium Banquet of 18th CIFIT
China hospital chain Chindex International Inc. has accepted its second buyout offer in as many months from Shanghai Fosun Pharmaceutical Co. and private equity firm TPG Capital. The deal has a total value of $466 million, including restricted shares. Chindex, a Bethesda, Md.-based healthcare company that operates hospitals in Beijing, Shanghai, Tianjin, and Guangzhou, announced […]
China’s Shandong Airlines Co. Ltd. will purchase 50 Boeing 737s for a total of $4.6 billion, according to a company statement released on Monday. The deal includes 16 of Boeing’s 737-800 model and 34 of its 737 MAX model, to be delivered between 2016 and 2020. Shandong Airlines currently operates a fleet of 74 airplanes, […]
General Motors Corp. is investing $12 billion over the next three years in its China operations to boost annual production capacity there to 5 million units. GM China President Matthew Tsien also announced at the Beijing auto show that the company hopes to increase China-based manufacturing capacity 65 percent by 2020. Tsien said that the […]
Weibo Corp., a Twitter-like microblogging service owned by Sina Corp., raised $286 million at its initial public offering (IPO) on April 17. The IPO came in well below the $500 million that Weibo hoped to raise, after the company’s anticipated valuation of $7- 8 billion was cut to $3.4 billion. As a result, Weibo set […]
Jumei International Holding Ltd., China’s largest online cosmetics retailer, plans to raise up to $400 million in a US initial public offering (IPO), according to their filing with the Securities and Exchange Commission. The filing did not say how many shares they will issue or what exchange the company will be listed on. Jumei’s filing […]
By Jake Parker New regulations limiting the proportion of dispatch—or temporary—workers in China went into effect more than a month ago, constraining hiring choices and requiring labor force restructuring for many companies. A follow-up to the 2013 Labor Contract Law Amendment, the Provisional Regulations on Labor Dispatch and its associated implementing regulations limit the proportion […]
China Petroleum & Chemical Corp, also known as Sinopec, has agreed to purchase a 50 percent stake in Caspian Investment Resources Ltd. from Russia’s OAO Lukoil for $1.2 billion. After acquiring half of the oil and gas producer in 2010, Sinopec now owns all of Caspian Investments’ assets, which include four oil and gas projects […]
