Archive for July, 2009
Yoshinoya And Ting Hsin Expand In Mainland China
July 31st, 2009 | 
Author: Japanese fast food chain Yoshinoya Holdings has signed a cooperative memorandum with the Taiwanese food giant Ting Hsin International Group to set up a joint venture for expansion in the Chinese mainland.
The two parties will jointly invest at least CNY100 million in this new joint venture, which is expected to be formally launched in September [...]
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Aeon Opens First Community Store In Shenzhen
Aeon has commenced trial operation of a new Jusco store in Xinzhou village, Shenzhen.
This store is reported to be the seventh Jusco outlet opened by Aeon Shenzhen and is also the company’s first community store in Shenzhen.
With an area of about 18,000 square meters, the new Jusco Xinzhou store will provide foods imported from South [...]
Peak Plans IPO In Hong Kong
According to reports in the Hong Kong media, the Chinese sportswear brand Peak plans to launch an initial public offering in Hong Kong in September 2009, and the company aims to raise financing of USD200 million.
A representative from Peak said that though there is no specific schedule for its listing in Hong Kong, the company [...]
United States to Allow More Hi-Tech Exports to China
Jul. 31 – The United States will soon allow more hi-tech exports to China as part of the issues agreed upon during the recently concluded China-US Strategic and Economic Dialogue this week.
“The U.S. pledged to facilitate exports of high-technology products from the U.S. to China,” Vice-Premier Wang Qishan told China Daily adding that the dialogue [...]
Keeping Your Chinese Partners Honest
By Chris Devonshire-Ellis
Jul. 31 – A Financial Times article published earlier this week told the story of how a German businessman was cheated out of his business in China. The story, written by Jamil Anderlini, deals with the tale of businessman Heinz Zuercher, who took up a position as CEO with the Frankfurt listed media [...]
U.S. recession eases; GDP dip smaller than expected
(ChinaPost.com.tw) – The U.S. economy sank at a pace of just 1 percent in the second quarter of the year, a new government report shows. It was a better-than-expected showing that provided the strongest signal yet that the longest recession since World War II is finally winding down.
U.S. recession eases; GDP dip smaller than expected
(ChinaPost.com.tw) – The U.S. economy sank at a pace of just 1 percent in the second quarter of the year, a new government report shows. It was a better-than-expected showing that provided the strongest signal yet that the longest recession since World War II is finally winding down.
A(H1N1) flu vaccine to be made available in November
(ChinaPost.com.tw) – The head of the Department of Health (DOH) yesterday disclosed that A(H1N1) flu vaccine will be made available in November at the earliest, should things go as planned.
Flu Outbreaks Surge
(ChinaPost.com.tw) – In tandem with reports of the first recorded death related to the A(H1N1) swine influenza, the Centers for Disease Control (CDC) yesterday noted the upsurge of massive outbreaks in communities.
Britains ends troop presence in Iraq after six years
(ChinaPost.com.tw) – Britain ended its troop presence in Iraq on Friday, concluding six years of military involvement in the country that began with the US-led invasion that ousted Saddam Hussein.