GUANGZHOU - US firms are not pulling out of China despite trade tensions as the country's consumer market is just too big to lose out on, said Harley Seyedin, president of the American Chamber of Commerce in South China.
Ireland-based pharmaceutical giant Allergan is planning to increase investment in China and train more local medical cosmetic professionals, as the country's medical aesthetic industry booms and the sector is in urgent need of talents, said a senior executive.
CDB Aviation expects to use its newly established global leasing platform to further strengthen its position in the Chinese market, its CEO said.
Quanjude Roast Duck restaurant, an iconic traditional Peking roast duck chain, is shifting its business strategy by opening more trendy restaurants to attract patrons after a period of decline so it can stand out in the fiercely competitive roast duck market in China.
With an increasing number of Chinese enterprises and startups seeking to go global and get closer to new customer bases, LinkedIn, the California-based online social network for professionals, plans to partner with more local firms in the business-to-business or B2B space.
US-based analytics firm SAS plans to invest 1 billion yuan ($146 million) in artificial intelligence in the coming three years, with China a major target market where the company sees huge demand on the back of the Chinese government's emphasis on AI development, said one of its top executives.
AUCKLAND - Chinese e-commerce giant Alibaba Group's flagship eCommerce Expo kicked off on June 14 for the first time in New Zealand, focused on helping local businesses tap into the e-commerce-enabled Chinese economy.
Isabel Ge Mahe, vice-president and managing director of Apple in China, started off her career on the technical management side but graduated to business administration, leveraging both her aptitude and educational qualifications.
Sharon Thorne, the newly appointed chair of the Deloitte Global Board of Directors, envisions good prospects for China as the economy continues to grow.
Financial regulators are coming up with new methodologies to evaluate the credit profile of small and medium-sized enterprises and improve their access to bank loans, as part of the nation's ongoing efforts to create a trustworthy society.
ORMOND BEACH - Washington's threat for more tariffs on Chinese imports would decimate the United States model train industry and see bread winners in hundreds of families lose their jobs, the CEO of a US import company warned.
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