The strategy to gain valuable experience from Volvo’s assembly line before launching its own production in its plant is likely to be a strategic decision taken by Lynk & Co and taps strategic resources – China’s financial clout, the strength… Read More ›
China
China pushes private investments in its weak manufacturing sector; has global ambition
By placing private funds in its manufacturing sector, which has been traditionally weak at best, China is aiming to capitalize the experience it has gained with its European partners and boost this sector which has been plagued by a host… Read More ›
SoftBank weighing its options for investing in Uber
Given Masayoshi Son’s vision of a future driven by AI and interconnected vehicles and its spread of investments in ride hailing and ride sharing companies in major markets of the world, including in India’s Ola and China’s Didi, and given… Read More ›
Japan set to be prime destination for hi-tech military hardware
With Japan planning to develop the F-3, a dual use $40 billion fighter jet, UK’s BAE Systems, and U.S. Lockheed Martin, Boeing, and Raytheon are likely to reap in huge contracts for not only developing the F-3 but also for… Read More ›
China lifts rules on foreign ownership for financial firms
Although this move appears to show China opening its economy up to foreign funds, business expertise and technology, it is to be seen whether these promises will bear fruit or be like the IPO of Chinese companies in the U.S…. Read More ›
U.S. Air Products and Chemicals Inc and China’s Yankuang Group to collaborate and build one of the world’s coal-to-fuel and chemicals facilities in China
The deal, which came about on the sidelines of U.S. President Donald Trump’s visit to Beijing, has yet to be finalized. On the sidelines of U.S. President Donald Trump’s visit to Beijing, Air Products and Chemicals Inc, a U.S. industrial… Read More ›
Qualcomm signs 3 non-binding MOUs with Oppo, Xiaomi and Vivo
The potential deals were signed during U.S. President Donald Trump’s visit to Beijing. Their potential worth is difficult to assess since they are non-binding. On Thursday, the U.S. State Department stated that Qualcomm Inc has signed potential deals worth $12… Read More ›
Foreign payment card companies need not enter into JV to operate in China: People’s Bank of China
Foreign payment card companies face more hurdles in China: its central bank has clarified, it cannot officially process their application for operating in China. On Wednesday, China’s central bank has stated, Chinese regulations do not require foreign payment card firms… Read More ›
Viacom’s Paramount Pictures scraps Chinese funding deal
While the funding enabled China to projects its ideology onto viewers worldwide, Beijing’s scrutiny on foreign bound investment which it terms as “irrational overseas spending” curtailed the deal. On Wednesday, in a development that is an outcome of heightened scrutiny… Read More ›
China pressuring foreign card companies into JV
There is an emerging pattern in China’s approach as it engages in various fronts in the world stage. While officially it portrays itself as being professional, however its true colors become apparent as it seeks to impose its will that… Read More ›