Hints and tips:
...The letter cited a particular concern about ABB’s work with state-owned Shanghai Zhenhua Heavy Industries (ZPMC), which it said installed the Swiss group’s software systems on ship-to-shore cranes sold to...
...Much of their output has historically been lower-value exports in electronics and machinery....
...Co-founder Tan Chun Chiat says Malaysia has a “golden opportunity” to exploit....
...Liu Hanyu, an analyst at Daxue Consulting in Shanghai, said more western machine-tool makers would follow in DMG’s footsteps....
...The comments from Wang Min, president of XCMG Group, the country’s biggest construction machinery business, came after China’s multitrillion-dollar debt markets were rocked by defaults at government-backed...
...The Shanghai-headquartered group’s continued transport of Russian crude oil to China provided “economic succour for Russia as it faces a barrage of economic sanctions”, GlobalData analyst Sathiya Jalapathy...
...But Nokia quickly ran into problems with organised crime, inadequate transportation and unpredictable weather that would shut down trading ports....
...“Shanghai has been forced to suspend operations and shipping from the port has become difficult,” he added....
...Last year Abogen, which was founded in 2019 and is based in Suzhou, west of Shanghai, raised $1.1bn from backers including Temasek, the Singapore state-backed investment fund, and investment firm Invesco...
...Josh Giegel, co-founder of the company and one of the passengers on Sunday, said the test was a “giant leap” for the technology....
...At Sany Group’s factory on the outskirts of Shanghai, there is little sign of a trade war involving the world’s two biggest economies....
...China Communications Construction, which builds ports, roads and bridges, was the best performer, jumping 10 per cent to the daily limit....
...Harbin Power Equipment and Dongfang Electrical Machinery are now taking business off their European and US rivals in other countries....
...Within the insurance sector, regulators banned Yao Zhenhua, chairman of Baoneng Group and China’s fourth-richest man at the time, from the insurance sector for life, although he was not arrested....
...But experts say little is known about the returns of those funds, most of which have been launched in co-operation with other local governments or state companies....
...Alibaba Pictures, the Hong Kong-listed film unit of the ecommerce group Alibaba Group, is a distributor....
...These include a mansion in Port Chester Long Island, near New York, that still has mortgage payments due to East West Bank....
...So far, only Fidelity and Man Group have unveiled funds but further arrivals are due soon. Fidelity has had a presence in China since 2004 when it set up an office in Shanghai....
...“They’ve been insanely successful at continuing to raise capital,” said Jamie Tadelis, co-head of sales at SC Lowy, a Hong Kong investment bank specialising in Asian high-yield bonds....
...In February China’s insurance regulator banned Baoneng chairman Yao Zhenhua, China’s fourth-richest man, from the industry for a decade after accusing the group of producing “false data” and misusing funds...
...International Port Group, triggering a general offer....
...China National Machinery acquired another central government-owned machinery group, China National Erzhong, in 2013....
...If the deal obtains regulatory approval, Cosco will hold 90.1 per cent of the enlarged group, while its partner in the offer, Shanghai International Port Group, will hold the remainder....
...Guessing what was on the mind of a Mitsui & Co chief executive used to be easy enough....
...Yao Zhenhua, chairman of financial conglomerate Baoneng Group, last year launched a high-profile raid on China Vanke, the country’s largest residential developer....
International Edition