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Vanguard's local market entry strengthens mutual fund sector

[ 2017-05-27 ]
... trillion under its management, to bring its investment philosophy to China's vast number of investors, the company said. William McNabb, CEO of Vanguard, said the firm plans to triple its staff in Shanghai to 15 by the end of this year. He said the decision to establish WFOE sh...

AU experts undergo training in China under Huawei-sponsored program

[ 2017-05-27 ]
...nent. He called for the participants to explore China during their stay in the country for the training. Speaking on the occasion, Deputy CEO of Huawei Ethiopia, Adam Ma, reiterated that the training is organized to support AU's effort in the ICT area. With 18 years of experienc...

Serena swaps volleys for the Valley

[ 2017-05-27 ]
...Silicon Valley boardroom. Online survey service SurveyMonkey announced Williams' appointment to its board on Wednesday, along with Intuit CEO Brad Smith. "I feel like diversity is something I speak to," Williams said in an interview with Associated Press. "Change is always hap...

Manufacturing gets intelligent boost

[ 2017-05-27 ]
...g enough," Gou said. Foxconn, a contract manufacturer for Apple, employees 50,000 robots at assembly lines in five factories. Robin Li, CEO of Baidu, said China has accumulated a huge amount of data, providing a sound foundation for the growth of AI. "Without data, it is impo...

IN BRIEF (Page 24)

[ 2017-05-26 ]
...velopers, Senior Vice-President Xiang Hailong told the annual summit of the Baidu Union, an alliance framework of Baidu and its partners. CEO and Chairman Robin Li says the internet is just a "starter" while AI will be the "main course". Li adds that the era of enhanced communic...

Success? It's in their DNA

[ 2017-05-26 ]
...king at all 22,000 genes in a patient - you have a much higher chance of identifying the mutation and making a diagnosis," says Congenica CEO Tom Weaver. "With this technology, we see an increase in an ability to diagnose a patient of at least tenfold. We're seeing cases of up t...

Tightening oversight facilitates healthier Chinese investment in US

[ 2017-05-26 ]
... plants to process agricultural products in the United States and sell products to Chinese consumers," said Xu, who is also president and CEO of Bank of China USA. According to Xu, Chinese enterprises are also very interested in investing in the natural gas industry, not only ...

Blackstone bets on annuities with $1.84 billion deal for FGL

[ 2017-05-26 ]
...s Inc, the seller George Foreman appliances and Rayovac batteries. FGL will remain under the leadership of its management team including CEO Chris Littlefield, according to the statement. Littlefield led Aviva USA from 2009 to 2013, when the business was sold to Athene. Ares Ma...

Porsche China's young artists program encourages aspiring talent

[ 2017-05-26 ]
... sustainable development strategy, we not only seek today's success, but also aim for future development," said Franz Jung, president and CEO of Porsche China. "With the first Porsche Young Chinese Artist of the Year, Porsche China has taken an important step towards offering ...

Huaxintong to start shipping China-customized server chips in 2018

[ 2017-05-26 ]
...from Qualcomm. We are also working on a customized encryption algorithm which will live up to China's security standards," said Wang Kai, CEO of Huaxintong. Huaxintong has a R&D center in Beijing which focuses on chip design, a facility in Shanghai for chip production, and...

Celebrities drive demand for luxury-bag brand[1]- Chinadaily.com.cn-bag brand

[ 2017-05-26 ]
... the same types of bags that the celebrities were carrying. "In 20 years in this business, I have never seen a reaction like this," says CEO Sara Ferrero. Despite the attention, Ferrero is focused on the future. "Being the new kid on the block gets you a lot of attention. But...

Zuckerberg urges Harvard grads to build a world of 'purpose'[1]- Chinadaily.com.cn

[ 2017-05-26 ]
...equality and strengthen the global community. "Change starts local. Even global changes start small — with people like us," the Facebook CEO said. He shared stories about graduates such as David Razu Aznar, a former city leader who led the effort to legalize gay marriage in Mex...

Tax cuts to boost SMEs' R&D spend

[ 2017-05-24 ]
... efforts, considering that we've excellent engineering talent and strong government support for enterprises," said David Zhu, founder and CEO of Vinci, a smart headphone manufacturer. The Beijing-based firm has about 60 employees-80 percent are in R&D. Most of them graduate...

Chinese banks join global payments innovation to facilitate B&R construction

[ 2017-05-24 ]
...ibility of the payment status have always been a problem," said Li Guang, an accountant from China Railway Finance Company. Alain Raes, CEO for APAC and EMEA at SWIFT, said at the press conference, that fast, transparent and traceable payment services will better support the t...

Incentives attract investors to startups

[ 2017-05-24 ]
...n global venture capital trends by KPMG showed that worldwide capital activity declined 24 percent last year compared with 2015. Xu Yong, CEO of Beijing-based AC Accelerator, said: "The new policy will have more impact on angel investors and small, early-stage venture capital fi...

Start-up incubator announces establishment of experience center in Langfang

[ 2017-05-24 ]
... investment for enterprises, and CoContest, which could combine the 3D and visual reality technology to do interior design. Huang Haiyan, CEO of Techcode, said the company was determined to bring the best resources together, through the use of globalization, and realize its pote...

UAE's Emirates upgrades services to Beijing, Shanghai

[ 2017-05-23 ]
...0 "Superjumbo" offers up to 519 seats in a three class configuration on Chinese routes. Earlier last month, Emirates Airline Chairman and CEO Sheikh Ahmed Bin Saeed Al-Maktoum said the carrier aims to expand its network in China within the next 12 months. "We are looking at the...

RocketSpace opens tech campus in Shenzhen

[ 2017-05-23 ]
... bridge for Chinese companies looking to the West, and for US and European companies looking to the East," said Duncan Logan, founder and CEO of RocketSpace, Inc. "We believe technology is a global platform, with the most successful start-ups of the future needing to think globa...

Camera +++ plan clicks in China

[ 2017-05-22 ]
...Y Hideki Ozawa keen to help Canon's surveillance, medical and imaging products succeed locally For 12 years, Canon China's president and CEO, Hideki Ozawa, 67, pursued a dream. He wanted to make Canon, which entered the China market in 1997, a brand to reckon with in the mainla...

Hearing aid group Sonova aims to drive up sales with new facility

[ 2017-05-22 ]
... with hearing loss also require personalized consultation from professionals before deciding which hearing aids to buy. Leonard Marshall, CEO of Sonova Asia Pacific, noted that the shortage of hearing professionals was one of the key challenges for the company and said there wer...
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