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...“The EU should provide a fair, just and non-discriminatory environment for trade co-operation with China.” CRRC Qingdao Sifang did not immediately reply to requests for comment....
...The editorial team can be reached at techasia@nex.nikkei.co.jp...
...Chinese appliance and electronics makers Xiaomi, Midea, Haier and TCL Technology are among the backers....
...No detail was given on the value of the investment from the companies, which also include smartphone maker Xiaomi and Chinese appliance makers Haier and Midea, whose products are sold by Suning....
...Haier, based in the eastern Chinese city of Qingdao, acquired General Electric’s home appliances business for $5.4bn in 2016, in one of the highest-profile Chinese deals in the US....
...Hana says minimum monthly wages for factory workers there in 2014 were just $63.8, lower than the $95.8 in Vietnam (Ho Chi Minh City) and $194 in China (Qingdao)....
...Together with GE Appliances, which is owned by Haier of China, its sales account for roughly three-fifths of the almost 18m laundry machines and dryers sold in the US last year, according to Euromonitor...
...Corporate earnings reports out today include CNOOC, PetroChina, China Vanke, Bank of Communications, Costa, Sino Life, Poly Property, Li & Fung, Haier Electronics, China Citic Bank, China Life Insurance,...
...Co-founder and chairman Guo Guangchang was briefly detained in late 2015 … Smaller players are running for cover....
...His plans include an $8bn project to build a massive film studio complex in the port city of Qingdao, what Mr Wang called “Hollywood of the east”....
...In the year to September 2016, Chinese outbound FDI reached a record 2.19 per cent of the country’s gross domestic product, bolstered by deals such as Qingdao Haier’s $5.4bn acquisition of General Electric...
...Haier, the home appliance maker, offers loans to online appliance retailers and street-side mobile phone shops....
...Mr Wang said he had not even seen The Great Wall , the high-profile film Wanda’s Legendary studio co-produced last year....
...Earlier this month, Alibaba’s Jack Ma took a minority stake in Steven Spielberg’s film group Amblin, while last month Wanda and Sony Pictures Entertainment agreed to co-invest and market films in China....
...It also owns a 20 per cent stake in electronics retailer Sunning, bought for $4.6bn in August 2015, and has a joint venture with appliance maker Haier....
...The Great Wall was also the first major film to be shot at Dalian Wanda’s new movie making complex in the city of Qingdao, which is still under construction....
...The GE business was subsequently bought by China’s Qingdao Haier....
...That in turn clouds the prospects for Wanda’s Oriental Movie Metropolis, a big studio and resort in Qingdao where it was partly filmed, and to where it wants to draw more global productions....
...Henry Bath is part-owned by China’s state-owned CMST Development Co. a warehouse operator....
...Qingdao Haier, a company in which Haier has a 41 per cent stake and which owns Haier’s global business interests, will buy GE’s appliances business....
...Chinese film companies” and advises Dalian Wanda Group, the property and entertainment conglomerate run by billionaire Wang Jianlin, on the design and construction of a new 45-stage film studio complex in Qingdao...
...Qingdao Haier said....
...Haier now generates Rmb200bn of revenue, has listed subsidiaries in Shanghai (Qingdao Haier) and Hong Kong (Haier Electronics) and has become one of China’s most analysed companies....
...Pacific Rim 2 will be the first to shoot at the group’s new Qingdao Movie Metropolis studios....
...It worked with General Electric on the $5.4bn sale of its appliance business in January to Qingdao Haier, and with France’s Casino Group on the $3.5bn sale of its Big C Supercenter food retailer in Thailand...
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