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CHINESE MIDEA GROUP
Chinese professionals back in India on warmer tiesChinese professionals are returning to India in growing numbers for business. Companies like Oppo, Xiaomi, and Midea are sending executives...- Great wall of Indian regulation bars China electronics cos’ path to fundingTop Chinese electronics firms in India like Oppo and Vivo are now borrowing from their group companies. This shift comes as they face chall...
- 'Made in India' Chinese phones ring overseasChinese smartphone and electronics firms are now exporting from India. They are targeting West Asia, Africa, and the United States. This sh...
- Chinese AC compressor import rules eased for a year to tackle shortageTo address a critical shortage, the Indian government has temporarily waived mandatory BIS certification for air-conditioner compressor imp...
- Visa Chinese checkers on, companies like BYD and Midea forced to enlist Indian players for board gameChinese companies are approaching the government seeking clearance for their executives or appointing locals on their boards since Chinese ...
- Bulls back in China cos’ India shop: Firms from neighbouring country see robust sales growth despite tighter scrutinyChinese companies like Midea, Haier, Xiaomi, Lenovo, and BYD are seeing strong revenue growth in India. Consumers prefer their products bec...
- To fund expansion, Chinese electronics and auto companies like Xiaomi, SAIC and Haier in India tap reserves, loansSome like Haier and Midea Group are using a mix of cash reserves and loans including external commercial borrowings (ECBs), while financial...
- Asian stocks steady as markets await Fed decision: Markets wrapAsian stocks were steady early Tuesday following a mixed session on Wall Street. Traders are betting on a half-point rate cut from the Fede...
- China’s Midea is said to make takeover approach to ElectroluxMidea made a preliminary approach in recent weeks to the white-goods manufacturer about a potential deal, said the people, who asked not to...
- China's top banks to issue offshore loans to help developers repay debtThe regulators have given 'window guidance', or verbal orders that leave no paper trail, to the banks, setting a date of Dec. 10 by which t...
- Smartphone, electronics plants face shutdown as components wait for customs clearanceJaina Group, owner of Karbonn smartphones and licensee of Sansui TV brands, already shut down its plant last Friday.
- 'Boycott China' trending online but little impact on consumer products salesOne of the senior leaders at a smartphone company, who did not wish to be named, said there is pent up demand for phones because people are...
- Chinese smartphone, electronic companies issues advisories for Chinese expatA top three smartphone maker has asked all Chinese employees and their families, including Indians married to Chinese, to be extremely care...
- Midea to introduce Toshiba brand home appliances in IndiaMidea Technology Park will have three manufacturing units for home appliances, HVAC products and compressors, and will also include a manuf...
- Chinese white goods company Midea announces Rs 1350 crore new plant in PuneThe new facility near Pune, with a technology park, will have three manufacturing units for home appliances, HVAC products and compressors.
- Alibaba founder Jack Ma reclaims top spot among Chinese billionairesMa, 54, who last month made surprise announcement of his retirement as the executive chairman of the USD 420 billion e-commerce giant, has ...
- Chinese company Midea to invest Rs 800 crore for Pune plant"India is a key market in our global growth strategy and will be an important manufacturing hub in future," said Midea Group Vice-President...
- How Chinese stocks got a huge boost from New YorkChina approval is expected to send billions of dollars flowing into the world's second-biggest equity market.
- Resistance is futile: China's conquest plan for robot industryChina plans to dominate the markets for AI, driver-less vehicles, etc. That would mean the loss of a huge number of jobs in many nations, i...
- Chinese owners of Toshiba, Sharp chart out mega India initiatives"Both the brands are inactive with no supplies of inventory in the Indian market for the past few months. But both will enter the market be...
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