China News

December 1, 2009

GM Considers Saab Sale to Beijing Automotive

By Katie Merx, Jeff Green, and David Welch (Bloomberg) — General Motors may sell parts of its Saab unit to Beijing Automotive Industry Holding and shutter the ...

November 30, 2009

Las Vegas Sands' Hong Kong IPO Flops

In keeping with tradition at the Hong Kong stock exchange, the Nov. 30 debut of Sheldon Adelson's Las Vegas Sands Macao spin-off was toasted with mid-morning ...

November 17, 2009

Obama's China Visit Yields Little Progress

In Beijing's cavernous Great Hall of the People on Nov. 17, Chinese President Hu Jintao tried to emphasize how much he has in common with U.S. President Barack Obama. ...

November 13, 2009

China and U.S. Energy Giants Team Up for 'Clean Coal'

Inside the Beltway, China is often cast as an environmental villain. Some lawmakers point to Beijing's skyrocketing greenhouse gas emissions as their main argument ...

November 10, 2009

TSMC's Next Move in China

The Chinese semiconductor industry was hit with a pair of shockers on Nov. 10. Shanghai's Semiconductor Manufacturing International Corp. (SMI) announced that Richard ...

November 9, 2009

Cease-Fire in the China-Taiwan Chip War?

Since its early days, Shanghai-based chipmaker Semiconductor Manufacturing International (SMI), or SMIC, has been on the losing end of a feud with one of the ...

November 3, 2009

Novartis Unveils $1.25 Billion China Investment

Novartis (NVS) is betting big on China. On Nov. 3, the Swiss pharmaceutical giant announced it plans to invest $1.25 billion in a pair of Chinese R&D centers over the ...

October 28, 2009

A Talk with Dalian's Communist Party Boss

With a doctorate in economics and a résumé that includes a stint as a university president, Xia Deren represents the new breed of Chinese Communist Party official. As ...

October 27, 2009

A New Round of U.S.-China Trade Talks

It's a tranquil setting for what are likely to be acrimonious talks on the $400 billion U.S.-China trade relationship. Starting Oct. 29, top U.S. trade and commerce ...

September 30, 2009

China's Online Censors Work Overtime

As China gears up to mark the 60th anniversary of the founding of the People's Republic on Oct. 1, the country's security watchdogs are on alert for threats to the big...

September 28, 2009

Spanish Bank BBVA's China Strategy

A year after the collapse of Lehman Brothers, many banks and financial institutions around the world are still struggling. Banks in Spain, though, behaved ...

September 23, 2009

Goldman Investment Lifts Chinese Carmaker Geely

It took four months of negotiations for China's Geely Automobile to sell a 12% stake to a Goldman Sachs (GS) investment fund for $245 million. But the seeds of the ...

September 21, 2009

A China-Charged Bull Market for IPOs in Hong Kong

After the collapse of Lehman Brothers a year ago, things were looking grim for American gambling tycoons Steve Wynn and Sheldon Adelson. The two had expanded into ...

September 14, 2009

Why the U.S.-China Trade Spat Won't Escalate

Whenever Washington and Beijing become embroiled in a trade row, there's always a fear it will escalate. But some Western economists say the likelihood that President ...

September 10, 2009

Chinese Carmakers Target Volvo and Saab

Confirmation that Chinese automaker Geely is interested in buying Ford's (F) Volvo unit and that Beijing Automotive Industry (BAIC) has an agreement to help finance ...

September 4, 2009

Google Loses Its China Boss

Kai-Fu Lee, the president of Google Greater China, is leaving the company, Google (GOOG) announced on Sept. 4 in a statement. Lee, who was at the center of a bitter ...

September 2, 2009

Chinese Get Angrier About Pollution

China has some of the most polluted cities in the world, a consequence of the country's rapid economic development. More than 320 million people in China drink unsafe ...

August 27, 2009

In Macao, Betting on a Poker Boom

In the casinos of Macao, the only city in China with legalized gambling, the most popular games have long been baccarat, blackjack, and roulette. Matt Savage wants to ...

August 20, 2009

China Mobile Is Counting on Android

China Mobile (CHL), the world's largest cellular operator, has an answer for Chinese consumers impatient to get their hands on Apple's (AAPL) iPhone. The market has ...

August 13, 2009

China Eyes Repsol YPF's Argentine Unit

China's state-owned enterprises have been on a quest to snap up natural resource companies around the globe for several years now, and their shopping list keeps ...

August 10, 2009

Beijing Auto: Lucky to Lose Opel

Large and unwise acquisitions are some of the biggest strategic mistakes that any company can make. Beijing Auto should therefore look upon its failed bid for GM's ...

August 5, 2009

Guangdong Visions: Forging China's Future

In previous parts of this five-part report from southern China's Guangdong province, the core of China's historic reform and opening-up, I presented Party Secretary ...

July 13, 2009

A Comeback Plan for Gome, 'China's Best Buy'

One might think Gome executives would be patting themselves on the back these days. Since the Beijing-based electronics retailer, which aspires to be China's ...

July 10, 2009

China's Economy: Recovery Gains Momentum

Investors and economists are arguing about whether the U.S. economy has any "green shoots" signaling a recovery from the financial crisis, but when it comes to China's...

July 7, 2009

Fiat Focuses on China

Is there a harder-working CEO in the auto business than Fiat's Sergio Marchionne? Fresh from acquiring Chrysler and bidding—amid competition from Canada's Magna ...

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