joint ventures

Skype Hijacked in China; Microsoft OK With That

At Bloomberg Businessweek, Vernon Silver describes the unraveling of encrypted blacklists used to monitor instant messages in the Chinese version of Skype, which is produced as a joint venture between Microsoft and Chinese...

Let Them Eat Pop-Tarts!

While more companies are relying on Chinese tastes to produce luxury goods and cars, food companies, such as Nestle, have also followed suit. The Wall Street Journal reports Kellogg has now agreed to a joint venture to expand...

China, Russia Agree on Syria and North Korea

As China and Russia seem to be cooperating more with joint military drills and unity in vetoing the United Nations Security Council’s resolution on Syria, China’s Vice Premier, Li Keqiang, has announced that China and...

China Plans oil Refinery in Tianjin with Russia

China and Russia may join forces to build an oil refinery in Tianjin, the port city just east of Beijing. The refinery, which will be able to process 10 million tons of crude annually, will cost an estimated $4 billion. From...

Beijing Monitors Foreign Financial Groups

From FT: Beijing has stepped up its monitoring of international financial institutions in the country amid fears that the failure of a large foreign group could see the global credit crisis spill over into a largely insulated...

Danone Rues Court Trademark Ruling Backing Wahaha

From AP: French dairy maker Group Danone SA said Tuesday it would appeal to higher authorities after a local court ruled that its estranged Chinese joint venture partner owns the popular Wahaha trademark. Danone’s...

Partners Fight Over Wahaha in China

From The Wall Street Journal: An escalating dispute between Groupe Danone SA and Hangzhou Wahaha Group Co. over China’s largest soft-drinks empire looks increasingly as though it could result in a breakup of their...

GE to Invest $2bn In China

From the Financial Times: General Electric plans to invest up to $2bn in acquisitions and other deals in China over the next three years as part of a strategy to double its revenues in the country. The world’s biggest industrial...

China Maintains Cap on Foreign Ownership of Brokerages at 33% – Zhao Yidi and Tian Ying

From Bloomberg: China will keep its 33 percent cap on foreign ownership of joint-venture brokerages, resisting opening its market further to foreign competition. Revised rules, which take effect next year, relax some requirements for foreigners. The regulations will let investors from abroad buy into publicly traded brokerages and cap foreign ownership at 20 percent for […]

Danone Sours on China Tie-Ups – James T. Areddy

The Danone Group, a global food-and-drink company whose brand names include Dannon yogurt and Evian water, broke off a deal to partner with Mengniu Dairy Co, one of China’s largest dairy producers. As the Wall Street Journal’s James T. Areddy writes: Groupe Danone SA’s decision to abandon a planned joint venture in China to make […]

Chinese Commission Rules Against Danone in Wahaha Dispute – James T. Areddy

From Wall Street Journal: A Chinese arbitration commission ruled in favor of a Chinese beverage maker on a trademark disagreement with joint-venture partner Groupe Danone SA, the latest legal twist in a closely watched case but one that is unlikely to end the dispute. The Hangzhou Arbitration Commission said the period had lapsed during which […]

China-backed US Financial Firm Launched – Jeremy Grant

From Financial Times: A group of US and Chinese business people on Wednesday unveiled the first US financial services firm to be co-owned by Chinese interests. HuaMei Capital Company , as the joint venture firm is known, will be based in Chicago and Beijing, highlighting the growing links between Chinese business and the US Midwest. […]

A Chinese Executive Wages War with France’s Danone – Wieland Wagner

Spiegel Online looks into the bitter dispute raging between Danone and Wahaha: Western businesspeople are keenly following the case, looking on with a mixture of polite sympathy and hidden schadenfreude as Danone slides into disaster. The multinational food company, which earned revenues of ‚Ǩ14.1 billion ($19.2 billion) in 2006, has since slipped into the role […]

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