The low-down on China's new economy
View Article  France takes credit for Chinese wind power
China Long Yuan Power signed an agreement with Électricité de France, under which the French group will buy carbon credits for 9m tons of carbon dioxide equivalent. Separately, Denmark's Vestas, the world's biggest manufacturer of wind turbines, has received two orders for 100MW of wind power from China Long Yuan Power...   more »
View Article  Kentucky races to clean China
What does Kentucky mean to your average Chinese consumer? Kentucky Fried Chicken would probably be at the top of a very short list. Nevertheless, the state believes it has more to offer in China's new economy and wants to become a booming source of clean technology exports to China...    more »
View Article  Motorola trumpets China Mobile sales
Motorola's China strategy is often painted purely in terms of its booming handset sales and its continuing tussle for leadership with arch-rival Nokia. But Motorola also supplies wireless network equipment and this less glamorous part of the business is also doing well in China...   more »
View Article  Lenovo's leap forward blocked
Chinese PC maker Lenovo has seen its ambitions to become a Top Three global player stymied by Acer of Taiwan. Acer has snapped up Gateway of the US in a recommended offer which vaults Acer into third position in the global PC market and effectively blocks Lenovo's attempt to acquire Packard Bell...   more »
View Article  UPS starts building Shanghai hub
UPS and Shanghai Airport Authority have conducted a formal groundbreaking ceremony for the UPS International Air Hub at Pudong International Airport. The new hub will link all of China via Shanghai to UPS' international network with direct service to the Americas, Europe and Asia...   more »
View Article  China's rapid rise in the chip industry
China's chip industry is the world's fastest growing but it is still slanted towards relatively low value-added operations like production, packaging and testing, and the country has yet to be taken seriously in semiconductor design...   more »
View Article  Ethiopia celebrates with Chinese technology
Giant LED screens are a familiar sight in China's cities but these Made in China screens are now turning up in some unexpected places -- like Ethiopia. Unnamed Chinese manufacturers have signed a deal to supply 16 of the hi-tech LED screens for Ethiopia's millennium celebrations next month...   more »
View Article  Western firms seek slice of fund pie
The QDII scheme finally comes of age with the news that China's largest mutual fund company, China Asset Management, plans to launch its first qualified domestic institutional investor fund next month to raise up to 10bn yuan...   more »
View Article  Auto boom takes CAS to Tier 1
China Automotive Systems, which specialises in power steering parts and systems, has reported a tripling of its Q2 profits on sales up nearly 50% to %$36m. As well as serving China's domestic carmakers, CAS recently entered into Volkswagen's global sourcing system, enabling it to take the coveted Tier One title...   more »
View Article  Created in China
Many people in the west would be hard-pressed to name a successful Chinese exporter, as few Chinese companies have invested in building a brand. Now they are being urged to move away from the "pile 'em high, sell 'em cheap" image and instead focus on making their own branded products...    more »
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