US Businesses

How US businesses arm China with cyberweapons

Chinese computer hacking has been on the rise in recent years.

An underreported feature of recent cyberattacks is that much of China's hacking power was Made by the USA. For decades, US-owned technology giants have set up state-of-the-art factories, laboratories and training programmes in China. 

Saturday, 30 March, 2013, 11:56am

Nexen deal shows how Chinese firms can do business in US

The CNOOC-Nexen deal shows foreign acquisitions needn't be a minefield for Chinese firms. Photo: Reuters

The fact that China National Offshore Oil Corporation's US$15.1 billion acquisition of Calgary-based Nexen went through successfully, with the required US approval, shows that direct investment capital flows from China are not always subject to political hijacking, as many on the mainland claim.

18 Mar 2013 - 1:41am 1 comment

China is tougher turf for US firms

China is tougher turf for US firms

The performance of US businesses in China declined for a second consecutive year in 2012 amid rising labour costs, tougher competition, and a slowing economy. But, a record number of American businesses said they were optimistic about the outlook for China for the next five years.

1 Mar 2013 - 5:54am