Nov. 7 – Taiwanese noodle and drink manufacturer Tingyi (Cayman Islands) Holdings announced Friday that it had signed an agreement with U.S. beverage giant PepsiCo Inc. to form a strategic alliance within the beverage business in China.
According to the announcement, Tingyi-Asahi Beverages (TAB) – which is Tingyi’s beverage joint venture with Japan’s Asahi Group Holdings – will take over PepsiCo’s entire non-alcoholic beverage bottling business throughout China. In return, PepsiCo will acquire a 5 percent indirect interest in TAB worth about US$55 million. In addition, PepsiCo will have an option to increase its stake up to 20 percent by 2015. Continue reading
Oct. 31 – As Western businesses face sluggish economies, Eurozone debt, and an American election next year, beleaguered corporates need to find fast access to markets that can provide good returns for investors. Clearly, as the domestic United States recovers, and Europe continues to argue about its currency and democratic structure, the demand to develop sustainable growth in alternative arenas becomes more pressing. Wall Street remains a slavish animal, and those increasing yields need now to be gained from non-traditional markets. It’s been the case for some time now that many U.S. corporations, without their China subsidiaries contributing to bottom lines, would have otherwise been in serious trouble. However, China isn’t the only answer, although for many it may seem the most obvious. 
Sept. 13 – The days of getting the cheapest stuff made in China are coming to an end. The increase in wages resulting from China’s effort to promote social security among all of its 1.3 billion people, coupled with the surge in property prices, is making the market a less ideal option for low-cost manufacturing.
Aug. 3 – Action Construction Equipment (ACE), a cranes, material handling and construction equipment manufacturer based in Haryana, is close to acquiring both a company in India and a company in China for roughly US$27 million, according to a report from the Economic Times.
By Julia Gu
May 19 – The European Union (EU) announced on May 14 that it will start to impose both anti-dumping and anti-subsidy tariffs on high-end glossy paper produced in China. This is the first time that the EU has penalized China for using subsidies to facilitate its industry, and also the first time it has raised both kinds of tariffs on Chinese exports.