Press

Latest news related to Czech - China relations and information from press and other media about Czech China Entrepreneurs Forum.

A snub to the party

A snub to the party

Legislators veto China’s plans for political change   POLITICAL bodies in China rarely defy the will of the Communist Party. On June 18th, however, the legislature in Hong Kong (known as Legco) vetoed the party’s plans for what had been touted as momentous political reform in the former colony. Twenty-eight of the body’s 70 members voted against the proposal, calling it a sham. But that leaves Hong Kong no closer to achieving democracy. And as noisy demonstrations by rival groups outside the ...

US investor Elliott takes aim at Asia’s family-run firms

US investor Elliott takes aim at Asia’s family-run firms

US billionaire Paul Singer appears to have paved the way for activist investors to fight for shareholders’ rights where few hedge funds have ventured: Asia’s biggest family-run firms. In the past few months, Singer’s US$26 billion firm Elliott Management has taken on South Korea’s Lee family, founders of the Samsung Group, as well as the Li family, which founded Hong Kong’s third-largest lender Bank of East Asia Ltd (BEA). While Asian firms including Japan’s Sony Corp and robot maker Fanuc Corp have faced off with activist investors such as Daniel Loeb of Third Point, the region’s family-owned conglomerates have so far be ...

Ministry unveils blueprint to boost manufacturing

Ministry unveils blueprint to boost manufacturing

China announced an ambitious plan on Tuesday to encourage innovation and boost the competitiveness of its manufacturing sector. The plan, “Made in China 2025″, will have a far-reaching influence on the nation’s manufacturing strategy over the next d ...

China to further streamline administration for market vitality

China to further streamline administration for market vitality

BEIJING - China's State Council, or Cabinet, has pledged to further streamline government administration in a fresh move to reduce government controls and unleash market vitality. In a plan signed by Premier Li Keqiang, the State Council said it would further slash items subject to government approval and review while improving power delegation, supervision and its service to the public. ...

Showing 13 to 18 of 67 (12 Pages)