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January, 25, 2017

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China
HNA to buy majority of Sky Bridge Capital
HNA Group is seeking to expand its portfolio in the global asset management business by acquiring a majority stake in SkyBridge Capital, an alternative investment firm founded by Donald Trump adviser Anthony Scaramucci.
 
South Dakota museum awarded ownership of Elvis Presley guitar
A federal judge ruled Monday that a South Dakota museum is the legal owner of a guitar played by Elvis Presley.
 
Are Chinese firms capable of achieving excellence?
Last weekend, a friend and I were at a mall in Beijing's Dawanglu area that houses the world's finest superbrands of premium luxury goods. It didn't require much effort to discern that almost all of them were from continental Europe.
 
The Spring Festival has become an occasion for Chinese families to indulge in major shopping sprees, as internet giants add e-commerce twists to the Lunar New Year.
 
Capacity cuts to take heat off coal
A price adjustment scheme will help stabilize China's coal industry in 2017 as the authorities press ahead with capacity reduction, according to the chief of the industry's top national body.
 
What Trump's trade and geopolitical moves mean for China
With his rejection of an Asian trade pact, U.S. President Donald Trump has tackled the first in a promised series of far-reaching policy changes that could inadvertently give China room to assert itself as a regional leader and worsen strains over the South China Sea and Taiwan.
 
China's Alibaba quarterly revenue surges 54% to US$7.7 billion
Chinese e-commerce giant Alibaba said Tuesday its revenues leapt 54 percent year-on-year for the quarter ended in December, spurred by rapid growth in Chinese online shopping.
 
Hong Kong to return 9 SAF Terrex vehicles to Singapore
Authorities in Hong Kong will soon release nine Singapore Armed Forces (SAF) armored vehicles that they had impounded and detained since November, the city-state said on Tuesday.
 
Tensions with China worse than under old DPP regime: ex-KMT official
The state of Taiwan's relations with China is worse today than it was under the previous Democratic Progressive Party (DPP) administration under Chen Shui-bian (陳水扁) about a decade ago, said a former official in a Kuomintang (KMT) government.
 
Trump in Asia: Region poised for change as new era dawns
People across Asia are poised for a potentially dramatic change in relations with Washington under President Donald Trump after decades with the United States as a major military and economic presence.
 
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