Seven years ago, Beijing-based tech company Lenovo Group acquired US computer giant IBM's PC business. Today, Lenovo has $30 billion in annual sales and a presence in 60 countries. Lenovo marketing chief David Roman spoke to China Daily in New York at a 20th anniversary celebration for the company's ThinkPad product line.
In 1999, Haier Group entered the US home appliance market with the goal of producing and selling American-made products. Haier America's president, Shariff Kan, tells China Daily how the company developed its "go local" strategy in the United States.
Hoping to boost his city's economic interaction with China, the mayor of Washington, DC, Vincent Gray, made a weeklong visit to Beijing, Shanghai and Suzhou in late June.
In May, the Dalian Wanda Group from China bought US movie-theater chain AMC Entertainment Holdings for $2.6 billion. The deal is the latest sign of Chinese companies increasing their involvement in the US entertainment and culture industries.
Wei Jiafu, chairman of China Ocean Group, has recently received the shipping industry leadership Award at the 2012 Trans-Pacific Maritime Conference after delivering the keynote speech on March 5 in California.