China News

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 ...

July 2, 2009

Pepsi's Indra Nooyi Focuses on China

If you're the CEO of a big American company, chances are you are traveling to China at least once a year. Indra Nooyi, the chairman and chief executive officer of ...

June 29, 2009

China: A Look Back at a Missed Opportunity

By the late 1980s, China's economic takeoff was well under way and the benefits of free-market reforms were abundantly evident. Yet as he traveled the booming coastal ...

June 23, 2009

Coke Committed to China Expansion

Muhtar Kent, chairman and chief executive of Coca-Cola (KO), isn't letting the company's failed bid to acquire a Chinese rival stand in the way of his enthusiasm for ...

June 16, 2009

Shanghai Property Market HIts Hard Times

In recent years, the developers of Shanghai's top-notch office blocks faced agreeable problems: how to find the next good plot of land and how high to build on it. The...

June 14, 2009

Ping An to invest in Shenzhen Development Bank

Ping An Insurance announced on Friday that it is to become a strategic investor in Shenzhen Development Bank (SDB). The move will help the insurer achieve its goal of ...

June 11, 2009

OZ Minerals Approves $1.4 Billion China Deal

OZ Minerals shareholders yesterday voted in favor of a sale of identified assets to China Minmetals Non-Ferrous Metals Company (Minmetals), one day after Minmetals ...

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