China Southern Airlines Co. agreed to buy Dreamliners valued at $3.2 billion in list prices from Boeing Co. as Asia’s biggest carrier by passenger numbers expands its fleet to meet a surge in travel demand. The carrier chose the 787-9 model, with a list price of $271 million each, according to a Hong Kong stock […]
Apple opening hub in China to develop ‘advanced’ tech
Apple is opening a 300 million yuan ($45 million) research and development center in Beijing, its first ever in China, as the U.S. technology giant looks to reverse declining sales in the country. The announcement was made on social media by the Zhongguancun Science Park Administrative Committee, the landlords that run the site where Apple […]
Apple opening hub in ChinaChinese billionaire makes aggressive moves in Hollywood
China’s richest man, Wang Jianlin, has been on a buying spree in Hollywood. His media conglomerate, Dalian Wanda Group, has aggressively expanded into the U.S. film industry. The company, which already owns the nation’s second-largest theater chain and a major U.S. film producer, recently signed a deal to invest in Sony Pictures movies. Now, Wanda […]
Chinese billionaire makes aggressive moves in Hollywood, Hollywood, mark schlarbaumChina set to export corn, threatening global market: sources
China has given approval to at least two companies to export corn, trading sources said, in a radical move by the world’s No. 2 producer to cut its ballooning surplus and unleash more supply into a saturated global market. In what could be the first bulk exports in a decade, the Chinese government has issued […]
China, China set to export corn, Corn, mark schlarbaumInside the Cannibalistic Culture of China’s Biggest Tech Giant
Success inside China’s most-valuable public company sometimes requires a bit of cannibalization. Tencent Holdings Ltd.’s ubiquitous WeChat service emerged after founder Ma Huateng encouraged employees to compete against each other to create a mobile messaging business. WeChat now has more than 805 million users, who turn to the service not just for texting but also […]
Inside the Cannibalistic Culture of China's Biggest Tech GiantChina’s ATL to become main battery supplier for Samsung’s Galaxy Note 7
China’s Amperex Technology Limited (ATL) will become the main supplier of batteries for Samsung Electronics Co Ltd’s Galaxy Note 7 phones, a person with knowledge of the plans said on Tuesday. Samsung’s shares fell to their lowest level in nearly two months on Monday after it told customers to switch off and return their new […]
China's ATL to become main battery supplier for Samsung's Galaxy Note 7