Foxconn Deepens Investment in China With Plans for New Flat-Panel Factory New plant to make advanced liquid-crystal displays with technology from Sharp By Eva Dou Foxconn Technology Group founder Terry Gou said his company plans to build an $8.8 billion television flat-panel factory in Guangzhou, China, depicting the region as an “investment treasure land” amid […]
China promises strong support for business
China promises strong support as Sao Tome pitches for business China promised strong support on Monday for its newest friend in Africa, the former Taiwan ally Sao Tome and Principe, whose foreign minister made a pitch for Chinese firms to invest in his “tranquil” country as the two re-established ties. Taiwan, claimed by China as […]
China promises strong support for businessChina’s growth reassuring
China’s growth ‘reassuring’ for ‘weak and vulnerable’ global economy: Xinhua China will meet its growth target of 6.5 percent to 7 percent growth this year, a reassuring sign for a “weak and vulnerable” global economy, state news agency Xinhua said in a commentary on Monday. Xinhua noted a “troublesome start” to 2016, probably referring to […]
China's growth reassuringNike’s Profit Rises in U.S. and China
Nike’s Profit Rises on Stronger Demand in U.S. and China Nike Inc.’s quarterly profit rose 7% amid stronger demand in the U.S. and China, and executives defended the company’s performance amid heightened sportswear competition. In recent months, the world’s largest sportswear maker has taken steps to drive more direct sales, improve its online sales apps […]
mark schlarbaumChina has version of NASA’s impossible engine orbiting Earth
China claims to have a working version of NASA’s impossible engine orbiting the Earth – and will use it in satellites ‘imminently’ The scientists say they’ve created a working prototype and are testing in orbit They’ve revealed plans to implement it in satellites ‘as quickly as possible’ They say it is ‘currently in the latter […]
China has version of NASA's impossible engine orbiting Earth, mark schlarbaumSpecial lending for start-ups in China
HSBC launches special lending facility for start-ups in China’s Pearl River Delta HSBC has launched a $290 million lending facility aimed at technology start-ups and other new industries in China’s Pearl River Delta region, intensifying the battle for a slice of a business that is growing despite a slowing economy. Showered with money from private […]
Special lending for start-ups in ChinaChina’s Airlines Fly Past U.S. Rivals
‘Better Food, Better Service’: China’s Airlines Fly Past U.S. Rivals on Pacific Routes SHANGHAI—Chinese airlines are capitalizing on the wanderlust of China’s rising middle class by expanding their long-haul routes, and at a pace that is fast upending the hierarchy of global aviation. Since September, Chinese carriers have added seven direct flights to North America—including […]
China’s Airlines Fly Past U.S. Rivals36 Billion To Build The 110 Million Person Megaregion
China Commits $36 Billion To Further Build The 110 Million Person Jing-Jin-Ji Megaregion A new $36 billion rail plan was recently approved by China’s National Development and Reform Commission which will further integrate the cities of Beijing and Tianjin and parts of Hebei province into a sprawling megaregion dubbed Jing-Jin-Ji. This colossal infrastructure building endeavor […]
110 Million Person MegaregionIron-Ore Prices Hammered by China Curbs
Steel, Iron-Ore Prices Hammered by China Curbs Metal prices have run ahead of fundamentals, analysts say Steel and iron-ore prices in China plunged on Wednesday after exchanges there lowered the daily trading limit and raised margin requirements in an effort to curb speculation. Shanghai steel-rebar futures for delivery in December pared some losses in late […]
Iron-Ore Prices Hammered by China CurbsLego opens its first toy brick plant in China
Lego is opening its first factory in China. The Danish toymaker opened the doors to fifth factory in the world, and first in Asia, in China’s eastern Zhejiang province on Nov. 25. Lego first announced plans to set up the Jiaxing factory, geared toward production for the Asian market, in March 2013. The 40 acre-factory […]
California, Irvine, Lego opens its first toy brick plant in China, mark schlarbaum