Producers permitted to set prices and sell directly to the market China has moved closer to dismantling a 2,000-year-old government monopoly on table salt by allowing producers to set prices and sell directly to the market. The monopoly has supported successive Chinese rulers from the Han dynasty onwards, and helped pay for the construction of […]
China With Plans for New Flat-Panel Factory
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 With Plans for New Flat-Panel Factory, mark schlarbaumNike’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 schlarbaumLego 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 schlarbaumVW sales lifted by strong deliveries in China
Sales at Volkswagen have shown signs of recovering from the emissions crisis as it reported strong September deliveries, thanks mainly to China. Overall, the group saw a 7.1% increase in deliveries last month, to 947,600 vehicles worldwide. Of those, 382,300 went to China, a 20.1% rise on the previous year. But deliveries in the US […]
mark schlarbaum, VW sales lifted by strong deliveries 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 schlarbaumWal-Mart rips up China online strategy, starts again with stake in Alibaba rival
BY LAUREN HIRSCH AND ADAM JOURDAN Wal-Mart Stores Inc (WMT.N) has sold its Chinese online grocery store in return for a stake in the country’s no. 2 e-commerce firm, ripping up its previous strategy in efforts to cure ailing sales in one of the world’s toughest retail markets. The deal will see the U.S. grocery […]
mark schlarbaum, starts again with stake in Alibaba rival, Wal-Mart rips up China online strategyMark Schlarbaum, Krane Funds’ Managing Partner, Supports 100K Strong
Dear Friends, We’re thrilled to announce that Mark Schlarbaum, Managing Partner at Krane Funds Advisors, LLC (KFA), is the newest supporter of the 100,000 Strong Foundation. Schlarbaum will lend valuable insight into Chinese investment, financial markets and US-China business opportunities. “Through my work with KFA, and my travels to China, I realized there are enormous investment opportunities that exist […]
100K Strong, mark schlarbaum