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ABB favors partnerships as strategy for business

FOR Joseph Hogan, CEO of Swiss electrical engineering group ABB, partnership could be one of the best strategies to do business in China. The company, whose products help industries to…

Corruption still rife in construction industry

Despite persistent campaigns and tough penalties in recent years, corruption in infrastructure projects is still pervasive, China’s anti-graft agencies have warned. According to the Central Commission for Discipline Inspection of…

Conservancy projects to draw more investment

China will continue to increase its investment in water conservancy infrastructure and accelerate the building of projects to counter drought and flood, a senior water resources official said on Wednesday.…

NZ giant to open 2nd China laminates plant

New Zealand-based construction materials giant Fletcher Building Ltd on Sept 27 announced it is to build a new laminates plant in China through its Formica Group unit. Formica, which designs…

IKEA clamps down on klatch

What started out as a “match-making corner” with free hot coffee at IKEA has gone cold. So many people have been gathering at the Swedish furniture giant’s store in Shanghai…

Original designs drive Camerich’s global growth

High-end domestic furniture brand Camerich Furniture is accelerating its globalization process and plans to have 200 overseas specialty stores by the end of 2016, according to the company’s top executives.…

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