Archive for September, 2009
Goldman in talks to buy Geely bonds
An investment arm of Goldman Sachs (GS.N) is in talks with Chinese car maker Geely Automotive (0175.HK), which has been linked with both Volvo and Opel, to buy about $250 million of the company’s convertible bonds and warrants, two sources said.
“The two sides have basically agreed on the investment in Geely already, but have yet [...]
One Year with The China Observer
It was just about this time last year when I first began writing The China Observer blog.
Let’s look back at a few favorite posts:
Chinese Consumer: Making the Sale - Importance of Salespeople at Point of Sale in China
Fleshing Out the Truth: Chinese Netizens Unite to Deliver Their Own Form of Justice - An Analysis of RenRou SouSuo
Tuangou: [...]
Unilever Sees China as Long Haul
Anglo-Dutch consumer-products giant Unilever was one of the first multinationals to enter China, nearly a quarter-century ago. But even today, top executives said Tuesday, the market remains too big and untapped to regard profitability as the main measure of success.
“The driver of our growth is not to make money, but to continue investing in this [...]
Leaving Google, Executive to Back Chinese Start-Ups
SHANGHAI — Three days after announcing that he was resigning as the head of Google’s Chinese operations, Kai-Fu Lee said on Monday that he had raised $115 million to create a company that would finance high-tech start-ups in China.
The company, Innovation Works, will search for talented Chinese engineers and entrepreneurs and help them develop the [...]
China closes doors to European businesses
Telegraph.co.uk
Doing business in China is getting harder, not easier, according to European businesses, as they laid out almost 600 pages of complaints in a new report.
The report, from the European Union Chamber of Commerce in China, covers the whole gamut of the Chinese economy, from industrial chemicals to mobile phones to banking.
It paints a troubling [...]
Unicom Will Bring iPhone to China…Isn’t It Already There?
The big news last week was China Unicom’s announcement that it will officially launch the iPhone in China in Q4 2009. Is this really a big story?
First, let’s take a look at the deal highlights (from iPhonAsia blog):
3-year iPhone in China deal
Target iPhone launch date is sometime in Q4, 2009
China Unicom has pre-purchased a large [...]
