Research & Analysis

The first US-China cybersecurity working group meets next week, but significant progress is unlikely in the short term by Doug Mackey The United States and China will hold the first round of the official US-China cybersecurity working group talks during the week of July 8-12 as part of the fifth round of the US-China Strategic […]

Bankers say US exporters can increase their profits by accepting renminbi for payments instead of dollars By Trevor Williams Companies exporting their goods to China can manage foreign exchange risk and save money by offering buyers the option to pay in Chinese yuan instead of US dollars, a panel of experts said in Atlanta. Until […]

By Stephanie Henry  China’s burgeoning middle class will reach 630 million over the next decade and become a strong source of purchasing power. Government leaders, including Premier Li Keqiang, have made increasing imports a primary objective to help meet expected demand and create a more consumer-driven economy.  Yet the Chinese government still restricts imports of […]

Event: Farooq Kathwari: Exporting American Design and The Rebirth of North American Manufacturing Organizer: Asia Society Time: 6:30 pm-8 pm Date: June 25, 2013 Location: 725 Park Avenue (East 70th Street), New York, NY Web: http://asiasociety.org/new-york/events/farooq-kathwari-exporting-american-design-and-rebirth-north-american-manufacturing  

China Petrochemical Corp. (Sinopec) agreed on June 24 to buy US-based Marathon Oil Corp.’s stake in an Angolan oil and gas field. With a 5 percent stake that Sinopec purchased from France’s Total in 2011 and Marathon’s 10 percent stake, it will have a 15 percent stake in the field if the investment is approved […]

On June 18, China Mengniu Dairy, China’s largest dairy producer, said it made an offer of $1.6 billion to buy Yashili International, one of China’s leading makers of infant milk formula and baby food. Yashili was one of 22 baby formula producers in China whose products were flagged by Chinese quality control inspectors in 2008 […]

On May 28, Honda Motor Co. said it will add a production line and build an engine plant at its factory in Guangzhou, Guangdong through its joint venture Guangqi Honda Automobile Co. The new line is expected to become operational in 2015 and have an initial annual production of 120,000 units, increasing Guangqi Honda’s overall […]

During a visit to Switzerland by Chinese Premier Li Keqiang on May 24, China and Switzerland signed the framework for a free-trade agreement, which would be the first free-trade deal signed between China and a major Western economy. Bilateral trade between the two countries is worth $26 billion and consists mostly of watches, medicine, textiles, […]

On May 29, Chinese developer Advanced Business Park signed a $1.5 billion deal with London Mayor Boris Johnson to develop a 35-acre complex of offices and shops at the Royal Albert Dock near London’s airport aimed at attracting Asian companies. It is the largest ever investment by a Chinese company in the United Kingdom, and […]

On May 30, the Dallas Business Journal reported that Pioneer Natural Resources is close to entering a joint venture with China’s Sinochem Group through its US subsidiary Sinochem Petroleum USA LLC  for drilling interests near Midland, Texas. Pioneer will sell a 40 percent interest in 207,000 acres to Sinochem for $1.7 billion. The partnership will […]