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...CICC was established in 1995 as a joint venture between Morgan Stanley and China Construction Bank, with a mandate to serve mainland Chinese and international markets....
...“We are still in discussions with those two sides and we are ready to commence once those two sides are ready to start construction.”...
...It will take several years to build, said analysts, while construction of TSMC’s fabrication plant in Arizona has been delayed as the world’s leading contract chipmaker struggles with US approaches to construction...
...The ensuing Chips Act aims to encourage construction of new chip fabrication facilities (fabs) in the US....
...a mainland Chinese real estate company....
...That can no longer be taken for granted with state-owned China Construction Bank (CCB) taking rare legal action against the troubled mainland developer Shimao Group....
...During the initial review of the private-sector proposals, the Chinese consortium consisting of China Railway Construction, China Communications Construction and the Export-Import Bank of China, was seen...
...The exclusivity had been a “relevant factor” in the company’s decision to spend $1.3bn on the construction of its first phase, it said....
...The struggles of both companies, once seen as among the most trusted real estate developers in China, highlights the impact of a two-and-a-half-year cash crunch that has weighed on construction and the wider...
...New construction starts plummeted 30 per cent, the worst fall in more than a year....
...Topco was one of the earliest Asian suppliers to set up an office in the US state of Arizona, where TSMC and Intel are both building advanced factories, but the company has put construction of a planned...
...Latin American countries have not had new coal power plant construction starts since 2016 and for countries in the OECD, Europe, or the Middle East, no construction has started in the past five years....
...South Korean companies in areas ranging from defence and construction to pharmaceuticals, electric vehicles and entertainment, have shown themselves to be more adept than many of their western counterparts...
...Chinese dairy giant Yili Group, a private company, established a PAFD late last year, making it the first such unit at a non-SOE in Inner Mongolia, where the company has its headquarters....
...American housing market, the US as a whole is approximately 1.7mn housing units short — a margin which exists as a residual symptom of the 2008 financial crisis and represents an entire year’s worth of new construction...
...Imports of the transitional metal used for construction steel rose in 2023 compared to the previous year....
...Non-manufacturing PMI, which includes services and construction, was 53 in March, up from 51.4 in February and the highest since the middle of last year....
...The Chinese group produces its own computer chips, has its own construction subsidiary for building new factories and develops its own software for increasingly sophisticated vehicles and energy systems....
...The delays in construction for these facilities are attributed to surging costs for building materials and labour, as well as a shortage of construction workers....
...But for some years now JR Central, the company that operates the existing shinkansen line between Tokyo and Osaka, has been looking to best itself with a ¥9tn ($60bn), 500km/h magnetically levitating train...
...Demand is falling from all the sectors that have been the largest buyers of steel: property developers, carmakers and home appliance companies....
...debate over banning TikTok has become one of the only unifying topics that Democrats and Republicans can agree on in Congress, as concerns mount about Chinese interference in sectors including education, construction...
...Ford has suspended construction of a $3.5bn electric battery manufacturing plant in Michigan, US, amid controversy over the plan and an auto workers’ strike....
...It includes the carmaker Subaru, soy sauce maker Kikkoman, construction machinery giant Komatsu and Toyo Suisan, a producer of cheap ramen noodles that have become a huge hit in the US as inflation bites...
...Next door, another establishment is under construction. “Teenage students, white-collar workers in their thirties, they’re drinking it every few days,” said a worker at ChaPanda....
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