Lotte Group likely to assist Seoul in THAAD deployment despite Beijing's objection: mediaLotte Group likely to assist Seoul in THAAD deployment despite Beijing's objection: mediaLotte Group's board of directors is scheduled to approve a land swap deal with the South Korean government at the end of February to facilitate the deployment of the Terminal High Altitude Area Defense (THAAD) anti-missile system, shrugging off Beijing's strong objection, reported the Global Times o

Medtronic being fined by Chinese regulators tolls the bellMedtronic being fined by Chinese regulators tolls the bellThe Shanghai branch of US-listed medical equipment maker Medtronic was recently handed a fine of 118.5 million yuan ($17 million) for mon…

Luxury cars hit by surtaxLuxury cars hit by surtaxChina is levying an additional consumption tax on super luxury cars to curb lavish spending as well as automotive emissions. But analysts…

Multinational retailers forced to ‘restructure’ in ChinaMultinational retailers forced to ‘restructure’ in ChinaOne of the major Chinese shareholders of Carrefour China is to sell off its stake amid a “bleak winter” for foreign retailers in China.…

Japanese FDI continues to drop, firms looking at ways to exit ChinaJapanese FDI continues to drop, firms looking at ways to exit ChinaRumors about an exodus of Japanese enterprises from China have been circulating since January 2015 when media reports said that some gian…

Qualcomm launches testing facility in ShanghaiQualcomm launches testing facility in ShanghaiThe Qualcomm Communication Technologies (Shanghai) Co., a semiconductor test facility in the Waigaoqiao (WGQ) free-trade zone in Shanghai…

Strategic shift: MNCs look for ways to adapt to changes in ChinaStrategic shift: MNCs look for ways to adapt to changes in ChinaWith China moving away from a manufacturing-based economy to a more innovation-driven one, some foreign companies doing business there ar…



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