Wanda Answers Hollywood Call with $1.2b Development Project

Wanda Answers Hollywood Call With $1.2b Development Project August 11, 2014 — After snapping up high-end property in Madrid and allocating nearly $1 billion to build a luxury hotel in Chicago earlier this year, Dalian Wanda Group Co Ltd has unveiled a plan to invest $1.2 billion to build a mixed-use development in Los Angeles…

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Direct flights link China’s Guangzhou, New York

August 8, 2014 — BEIJING – China Southern Airlines, the country’s largest air carrier by fleet size, launched non-stop flights between Guangzhou and New York on Wednesday. The flights, the first non-stop service between Guangzhou, capital of Guangdong province, and New York, are expected to help cope with the increasing air traffic between the world’s…

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Wanxiang Finds Success in US

Wanxiang Finds Success in US July 28, 2014 — If companies operating in China want to expand to the United States successfully, there may not be a better example than the Wanxiang Group Corporation, the largest China-based automotive components company by revenue. Wanxiang America’s achievement has been associated with the US government’s support and encouragement.…

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Wing Lung Bank Opens Branch in Bay Area

Wing Lung Bank Opens Branch in Bay Area July 9, 2014 — The Hong Kong-based Wing Lung Bank, which was established in 1933 and is now a subsidiary of China Merchants Bank, celebrated the grand opening of its San Francisco office at the Four Seasons Hotel in San Francisco on Tuesday. As the second overseas…

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U.S.-China Administrative Licensing Dialogue: Review of Government Licensing Decisions

U.S.-China Administrative Licensing Dialogue: Review of Government Licensing Decisions May 20 – 21, U.S. Department of Commerce successfully held the third meeting of the JCCT CLWG Administrative Licensing Dialogue, in Washington, DC. Representatives of CGCC and relevant member enterprises participated in the dialogue. According to the Economic and Commercial Counsellor’s Office of the Embassy of…

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UnionPay International to Issue First UnionPay Card in the US

UnionPay International to Issue First UnionPay Card in the US Su Ning, Chairman of China UnionPay (right), and Betsy Cohen, CEO of Bancorp (middle), attended the launching ceremony. Dong Xiaojun, Acting Consul General of China in New York (left) was also present at the ceremony New York, April 29, 2013 — UnionPay International (“UPI”) and…

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CGCC Member Awarded New York Super-Lawyer

Member of CGCC Awarded New York Super-Lawyer April, 2013, New York.  Xiaomin Chen, Managing Partner of DeHeng Chen, has been selected as a Super Lawyer in Business/Corporate Law areas of New York – Metro of 2012 by Super Lawyers Magazine published by Thomson Reuters. Super Lawyers selects attorneys using a patented multiphase selection process. Peer…

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Real Estate Seminar with Jones Lang LaSalle

Real Estate Seminar with Jones Lang LaSalle Like the spring weather in New York, the U.S. economy is recovering gradually from the impact of the financial crisis. Especially the recovery in the real estate market has drawn attention of Chinese investors. In the very time, CGCC organized a seminar, with real estate broker firm Jones…

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SinoChem Signs $1.7 Billion Horizontal Wolfcamp Shale Transaction Agreement

SinoChem Signs $1.7 Billion Horizontal Wolfcamp Shale Transaction Agreement With Pioneer Natural Resources January 30, 2013 — Sinochem Group signed a definitive agreement with Pioneer Natural Resources Company whereby Sinochem Petroleum USA LLC, a wholly-owned subsidiary of Sinochem Group, will purchase a 40% undivided interest in approximately 207,000 net oil and natural gas leasehold acres…

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State Grid to Boost Overseas Investment

State Grid to Boost Overseas Investment State Grid Corporation of China, the world’s largest State-owned utility, plans to invest $30 to$50 billion in overseas assets until 2020. Liu Zhenya, general manager of the State-owned power grid, said that by 2020 the company’soverseas assets will increase to 10 percent of the total from the current 2…

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