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updated Thu. June 29, 2017

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One among the renowned companies that have shown interest in the Hawassa Industrial Park is PVH, a company known for marketing diversified portfolio of brands including Calvin Klein and Tommy Hilfiger.
On Thursday, China's media regulator ordered three major Chinese Internet platforms to halt their video and audio streaming services, raising users' ire and signaling a new phase of the party's drive to consolidate control over the Internet.

"I think this is an attempt to change the direction (of) the role these Chinese companies play in the Chinese economy," says Paul Gillis, a professor at Peking University's Guanghua school of Management.
On Thursday, China's State Administration of Press, Publication, Radio, Film and Television (SAPPRFT), a branch of China's state council that oversees the media industry, published a notice (link in Chinese) that unlicensed providers of "audio-visual ...
"carbon trading on a national scale will send a signal to the world that China is serious about this," said Wang Yi, a professor at the Chinese Academy of sciences in Beijing who also belongs to the national legislature and advises the government on ...
Some of China's largest companies may pose a systemic risk - China official ... He didn't name any specific companies ... but shares of five companies were sold hard (Anbang insurance Group, HNA Group, Fosun International, and Dalian Wanda Group) ...

"Tesla is deeply committed to the Chinese market, and we continue to evaluate potential manufacturing sites around the globe to serve the local markets," the company said in an emailed statement. "While we expect most of our production to remain in the ...
That's because on Tuesday, the influential index provider MSCI said it would begin tracking some 222 mainland shares for Chinese companies as part of its emerging markets index. This decision will grant U.S. investors greater access to the world's ...
Regulators are looking at how top Chinese companies have borrowed money, and how they've structured massive deals like the snapping up of marquee assets from Legendary Entertainment to the Waldorf Astoria hotel.
Stephen King, the tousled imagineer whose day job is senior economic adviser to HSBC, swept through Hong Kong this week with a new book and a predictably grabbing message: the West's 70-year love affair with globalisation and free trade is under threat ...
"Tesla is working with the Shanghai Municipal government to explore the possibility of establishing a manufacturing facility in the region to serve the Chinese market," a company spokesman said. "Tesla is deeply ... and a local company. The City of ...
WASHINGTON, June 21 (Yonhap) -- The United States and China agreed Wednesday that companies of the two countries should not do business with U.N.
Alibaba chairman Jack Ma was in Detroit this week for Gateway 17, his company's biggest-ever event stateside, to discuss opportunities for American small businesses to tap into the Chinese market through the world's biggest e-commerce platform. But his ...
As U.S. tensions with North Korea intensify, the White House pushed China to put pressure on companies that do business in Pyongyang ahead of high-level security talks between Washington and Beijing Wednesday.
The U.S. has sought China's help in dealing with neighboring nuclear-armed North Korea, but Washington has warned it is considering rolling out sanctions against Chinese companies with restricted ties to Pyongyang. ... The U.S. also accused Chinese ...
Detroit - In a move that highlights the shifting landscape of global auto production, Ford Motor said Tuesday that it would build its next-generation small car in China rather than in the United States or Mexico. .... "The general consensus is that ...
Shares of Tesla rose 1.5 percent Tuesday after Bloomberg reported the electric car company is close to a deal to produce cars in China.

China's recent detention of Wu Xiaohui, head of the massive insurance conglomerate Anbang Insurance company, is seen by some as a crucial turning point in Chinese President Xi Jinping's crackdown on wealthy corrupt business people, or "big crocodiles ...
Tokyo - United States prosecutors accused a Chinese company on Thursday of laundering money for North Korea and said they would seek $1.9 million in civil penalties, as American efforts to put pressure on the isolated country continue to affect ...
The country's Ministry of Environmental Protection examined businesses for two months across 28 cities in northern China. Credit Andy Wong/Associated Press. Environmental inspectors in northern China have found that nearly 14,000 companies, or 70 ...
The Tanzania Ports Authority signed a $154 million contract with China Harbour engineering Company (CHEC) to expand the nation's main port Dar es Salaam on Saturday.
An inspection of companies based around Beijing found more than 70% were violating air pollution regulations, Chinese state media says. Firms pumped out more emissions than allowed, operated without licences or had insufficient pollution control ...
But now the Chinese were suddenly creating them. More than 1,500 jobs, in fact. The Chinese company, Fuyao Glass Industry Group, decided the money was worth spending in this Dayton suburb to be close to its key customers, the big American-based ...
Chinese Company Wants to Build Giant Buddha in Lancaster. The mayor of Lancaster says a Chinese company wants to build a 10-story-tall statue of the Buddha in the Southern California desert community.
Alibaba's shares, which trade in New York, surged nearly 12 percent in premarket trading early Thursday, continuing a run that has taken them to their highest levels since the Chinese company raised $25 billion three years ago in what was then the ...
Chinese e-commerce companies were trading higher in Thursday's pre-market session, including Alibaba Group Holding Ltd (nyse: BABA), Baozun Inc (ADR) (Nasdaq: BZUN), and JD.
A new report exposes the devastating consequences of land grabs for Indigenous communities in Preah Vihear province, in northern Cambodia.
Other countries have been on foreign M&A benders: in 1989-90 Japanese companies bought a Hollywood studio and the Rockefeller Centre and in 2005-15 Indian firms splurged overseas.
A Chinese tire manufacturer plans to invest $1 billion in a South Carolina plant, further boosting the state's status as America's tire-producing capital.
Property developer Sun Hung Kai Properties, ranked No 19, is the only Hong Kong company on the list. To qualify for inclusion on the list, the companies also ... "The key changes in this year's list is the growth of Asia representation, Chinese in ...
Chinese sales increased for 55% of these European companies in 2016 compared with the prior year. Last year, 51% of the companies cited sales gains. Medical devices led the way among industries, with 75% of those companies saying sales rose, followed ...
From aviation to banks, China's HNA Group is snapping up businesses to become a major global firm.
A Chinese tire company plans to open a manufacturing plant in Orangeburg County that will eventually employ 1,200 workers, solidifying South Carolina's position as the nation's leading producer of automotive and industrial tires.
The future is looking pretty sour for a major Chinese dairy firm. China Huishan Dairy says it's missing most of its cash -- about $357 million -- following the disappearance of a top finance executive.
The real estate company owned by the family of Jared Kushner, son-in-law and senior adviser to President Trump, is seeking $250 million to pay off its partners and lenders in a Jersey City apartment tower financed by Chinese investors through a program ...
A trove of Chinese trademark applications filed by Ivanka Trump's namesake business is focusing attention once again on the ethical complications presented by the Trump family's business ties.
Dead & Company are fresh into their summer tour, which kicked off over Memorial Day Weekend. This past weekend saw the Grateful Dead act hit the Hollywood Bowl for two nights before the first of two performances at the Shoreline Amphitheatre in ...
One area of concern for authorities as they tackle soaring Chinese debt -- a factor in Moody's investors Service's downgrade of China's sovereign debt last week -- is loans that banks disguise as investments. A shift to trust lending would make it even ...
NEW YORK - A trove of Chinese trademark applications filed by Ivanka Trump's namesake business is focusing attention once again on the ethical complications presented by the Trump family's business ties.
China Investment Corp.'s purchase of Logicor from U.S. investment firm Blackstone Group adds to a multibillion-dollar string of Chinese acquisitions in Europe. Logicor operates in 17 countries including Britain, Germany and France, from Blackstone ...
A Chinese digital marketing company named Rafotech is behind a wave of inter-connected adware families that found their way onto the computers of millions of users, says Israeli cyber-security firm Check Point.
Office Depot Inc. ODP, +2.91% said Friday it has reached a deal to sell its China operations to Shanghai M&G COLIPU Office Supplies Co.
China's informal banking system helped LeEco tap a quick source of funds from small investors by promising low risk, high returns in a case that shows how ...
Deere & Company, the maker of John Deere equipment, said on Thursday that it had agreed to acquire Wirtgen Group, a privately held German maker of road construction equipment, for 4.36 billion euros, or about $4.9 billion.
As suspicions mounted, Cisco, an IT and networking multinational company, saw its Chinese revenues fall by 18 percent compared to the last fiscal quarter.
Shares of Walt Disney corporation (nyse:DIS) are up about 7% over the past twelve months, and I consider shares to be very attractively priced for investors with a relatively long time horizon.
GUANGZHOU, China - I'm sitting in an auto plant in Guangzhou in southern China watching SUVs made by one of the country's top carmakers come off of a production line every 57 seconds.
Days later, the company, which is majority owned by a Hong Kong firm, filed a case to the International Trade Commission (ITC), a quasi-independent federal body that rules on trade violations.
Karachi: The China-Pakistan Economic Corridor (CPEC) has indeed opened several avenues for business ventures that were previously unexplored between Pakistan and China. In one such development, a renowned Chinese company - Yutong Bus ...
The shuttering of Rela left 5 million lesbians in China without what Tech in Asia described as a "portal for movies, literature, and other resources, ranging from event information for lectures on LGBTQ topics to contact details for overseas marriage ...


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