Management

Fosun Agrees to Acquire Germany’s FFT to Enhance Smart Manufacturing

Fosun Agrees to Acquire Germany’s FFT to Enhance Smart Manufacturing

Fosun International agreed to buy one of the world’s leading flexible automatic production line solution providers, FFT, through its subsidiary funds.

Jun 20, 2018
Chen Shanshan
China's Prodigal Son HNA Group Lops 33% Off Its C919 Order

China's Prodigal Son HNA Group Lops 33% Off Its C919 Order

China's indebted HNA Group has chopped 33 percent off its earlier plan to buy 300 Chinese C919 large passenger jets.

Jun 20, 2018
Xu Wei
Shandong Head Will Supply Cellulose Ether to German, French Companies

Shandong Head Will Supply Cellulose Ether to German, French Companies

Shandong Head will supply 11,000 tons of cellulose ether products to a material supplier in Germany and another in France by the end of next year to open its international markets.

Jun 20, 2018
Tang Shihua
Sichuan Chemical Joins NEV Hype; Buys Into Battery Raw Materials Miner

Sichuan Chemical Joins NEV Hype; Buys Into Battery Raw Materials Miner

Chinese chemical firm will buy into a unit of a Chengdu-based energy company to gain access to upstream mineral resources…

Jun 15, 2018
Tang Shihua
China's Anoky to Build Fabric Dye Plant to Meet the Smudged Sector's Demand

China's Anoky to Build Fabric Dye Plant to Meet the Smudged Sector's Demand

Chinese chemical firm Anoky Group will build a textile dye plant in northern China amid increased demand due to tightening government scrutiny on the environmentally hazardous dyestuff industry. 

Jun 15, 2018
Tang Shihua
Johnson & Johnson to Teach Chinese Doctors With Surgery Simulations

Johnson & Johnson to Teach Chinese Doctors With Surgery Simulations

US multinational Johnson & Johnson has opened new facilities in Beijing and Shanghai to provide medical training courses which cover simulations of surgical procedures.

Jun 15, 2018
Liao Shumin
Didi Chuxing Will Resume Partial, Same-Sex-Only Nocturnal Hitches

Didi Chuxing Will Resume Partial, Same-Sex-Only Nocturnal Hitches

Didi Chuxing has decided to restore its Didi Hitch service for partial nocturnal periods starting tomorrow after a thorough assessment…

Jun 14, 2018
Liao Shumin
Hackers Steal 10 Million AcFun User IDs, Passwords

Hackers Steal 10 Million AcFun User IDs, Passwords

Hackers have stolen nearly 10 million items of user data from Chinese anime barrage video platform AcFun. The firm, which recently changed owners, has admitted the security measures were insufficient.

Jun 14, 2018
Liao Shumin
Frestech Denies Rumors of Bankruptcy Liquidation, Auctions Equities to Reorganize Business

Frestech Denies Rumors of Bankruptcy Liquidation, Auctions Equities to Reorganize Business

China’s embattled refrigerator maker Frestech Xinfei Electric denied rumors of bankruptcy liquidation, saying that its equity auction is part of business reorganization.

Jun 13, 2018
Xu Wei
Gree Withdraws Bid for NEV Materials Maker After Regulator Halts Deal

Gree Withdraws Bid for NEV Materials Maker After Regulator Halts Deal

Gree Electric Appliances has pulled out of plans to take a 20-percent stake in Changyuan Group after failing to obtain government approval.

Jun 13, 2018
Liao Shumin
Kuka Aims to Grab Up to a Third of China’s Robot Market by 2024, Local Head Says

Kuka Aims to Grab Up to a Third of China’s Robot Market by 2024, Local Head Says

Kuka, the German robot maker acquired by China’s home appliances giant Midea Group, intends to take a share of the…

Jun 13, 2018
Wang Zhen
Ctrip, Booking.Com Reinforce Ties Despite Crossing Paths in Global Market

Ctrip, Booking.Com Reinforce Ties Despite Crossing Paths in Global Market

Gillian Tans, chief executive of Booking.Com, has taken over as the Booking Holdings’ observer on the board of China’s…

Jun 12, 2018
Liao Shumin

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