IN recent news, Aqua Logistics, a Mumbai based Indian third party logistics service provider, entered into an agreement to acquire three Hong Kong based companies — CIT, TAG and AGI Logistics — through its subsidiary, Aqua Logistics Hong Kong Ltd.
According to the report, Aqua will initially acquire 60% in the companies for a total amount [...]

China’s Purchasing Managers’ Index (PMI) of the non-manufacturing sector rose to 58.4 percent in March, a rebound of12 percentage points from February, when the index fell below the boom-bust line of 50 percent for the first time since a year earlier, the China Federation of Logistics and Purchasing (CFLP) reported on Saturday.
The CFLP is a [...]

In the latest step in China’s sensitive property market, the Wall Street Journal reported that China’s banking regulator banned property loans to 78 companies owned by the central government.
The government appears to be trying it’s best to prevent an asset bubble, which is everyone’s great fear. Most foreign pundits see a bubble happening, but the [...]

If Amcham’s annual manufacturing competitiveness study is an accurate indicator, China’s role as factory and exporter has already shifted. Produced in partnership with strategy consultant, Booz & Co., and Amcham in Shanghai, the study finds that companies are increasingly looking at China as a marketplace in itself rather than a place to manufacture and export [...]

In case you haven’t noticed, retail is big news in China and getting bigger.  A case in point is homegrown sportswear retailer Li Ning, which just released its earnings results from last year. Li Ning reported a 31 percent increase in net profit to RMB945 million last year, based on revenue of RMB 8.39 billion, [...]