Green Light for Lenovo’s IBM Server Acquisition

Green Light for Lenovo’s IBM Server Acquisition August 16, 2014 — The United States government appears to have approved Lenovo Group Ltd’s $2.3 billion buyout of IBM Corp’s x86 server unit. IBM said on Saturday it had received a notice from the Committee on Foreign Investment in the US that the deal had passed review.…

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Alibaba Said to Target Global IPO Roadshow in September

Alibaba Said to Target Global IPO Roadshow in September Managers are set to travel across three continents to hold 100 meetings with potential investors August 14, 2014 — Two weeks, three continents and 100 meetings. That-and company founder Jack Ma celebrating his 50th birthday on the road-is what it will take for Alibaba Group Holding…

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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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CGCC Visits LA and SF Chapters to meet with Consul Generals

CGCC Visits LA and SF Chapters to meet with Consul Generals April 29, 2014 — Mr. Yuan Ning, Chairman of China General Chamber of Commerce (CGCC), Candice Niu and Richard Huang, executive directors of CGCC, kicked off a two-day trip to the west coast. The CGCC leadership lineup met with Los Angeles and San Francisco…

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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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