News from April 2022
Semiconductor industry poised to boom as U.S. Trade Rep Calls for 'pressing China for change'
By Karla Florez | Apr 8, 2022
U.S. Trade Representative Katherine Tai testified to the House Ways and Means Committee March 30 about the state of Chinese-U.S. trade, noting that China's failings in agreements like the "Phase One Agreement" fits "a familiar pattern."
van Dijk: 'We are excited to be joining the Crawford team'
By Karla Florez | Apr 7, 2022
Crawford & Company has broadened its network in the Netherlands with its recent Schaderegelingsburo R.P. van Dijk B.V. asset acquisition.
DesParte on U.S. firms helping Chinese companies: 'Our inspectors and investigators need consistent access across all jurisdictions to the audit work performed'
By Karla Florez | Apr 7, 2022
A recent Wall Street Journal report reveals that several U.S. accounting firms are helping Chinese companies comply with the Holding Foreign Companies Accountable Act to avoid being delisted from U.S. stock markets.
Wu on Common Prosperity campaign: 'Xi Jinping has something of a propensity toward grandiose displays intended to impress'
By Karla Florez | Apr 7, 2022
Asia Society’s “China’s Common Prosperity Program: Causes, Challenges and Implications” explores China's Common Prosperity campaign capabilities of reaching equality goals.
Wu on Xi Jinping's 'Common Prosperity' campaign: 'What are his and the Chinese Communist Party's true motivation and goals?'
By Karla Florez | Apr 7, 2022
President Xi Jinping's "Common Prosperity" campaign aims to advance China’s economic status by diminishing poverty lines and middle-income traps with its wealth program distribution proposal.
JP Morgan Chase CEO: Company could lose '$1 billion over time' amid Russia’s instability, will remain invested in China
By Karla Florez | Apr 7, 2022
Jamie Dimon, CEO of JP Morgan Chase, recently released his annual letter to shareholders.
Trade group: 'The jobs numbers tell a complicated story' of U.S.-China business in 2020-21
By T.H. Lawrence | Apr 6, 2022
A study of United States trade with China in the last two years is a tale of two statistics, according to the U.S.-China Business Council (USCBC), a U.S. trade group of 260 companies.
STACK Infrastructure CEO: 'I have been impressed by STACK’s accelerating momentum both globally and in Europe'
By Karla Florez | Apr 6, 2022
STACK Infrastructure has confirmed the addition of two new experienced data center industry professionals to its EMEA leadership team.
Ryan vice president on being ranked one of the best workplaces in Portugal: 'We are thrilled'
By Karla Florez | Apr 5, 2022
Ryan recently ranked 11th place among Portugal's greatest places to work list.
Heinz managing director on new acquisition: 'We are very excited about the completion of the deal'
By Karla Florez | Apr 5, 2022
The Kraft Heinz Company recently acquired a majority stake in Brazilian food company, Companhia Hemmer Indústria e Comércio.
Shanghai expert COVID-19 team member on lockdowns: 'Containing the large-scale outbreak in our city is very important'
By Karla Florez | Apr 5, 2022
Mixed reports about Chinese port operations are now pouring in, fueling concerns about the impact strict Shanghai lockdowns, made in an effort to decelerate the sudden influx of COVID-19 cases, could have on the global supply chain.
Pattern CEO on new India office: 'We’re excited to watch the growth of this office and are eager to welcome a new cohort of data fanatics'
By Karla Florez | Apr 5, 2022
Pattern has opened a new office in Pune, India to strengthen its global operations.
DOC to Investigate solar imports following request for ‘country-wide circumvention inquiries’, may implicate Uyghur labor
By Karla Florez | Apr 5, 2022
The Department of Commerce (DOC) launched an investigation involving solar panel imports sourced from East Asian countries amid suspicion that the supply originated from China. The potential findings could indicate forced labor in Xinjiang.
ANZ CEO discusses Queensland economy and banking challenges
By Globe Banner | Apr 5, 2022
Peter Fegan, a host at 4BC Brisbane, recently engaged in a discussion with Shayne Elliott, the Chief Executive Officer of ANZ Bank.
IMG co-president: 'We are proud to add the Mutua Madrid Open and Acciona Open de España to our portfolio'
By Karla Florez | Apr 4, 2022
Endeavor company, IMG has acquired the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament from Super Slam Ltd and its affiliates.
Choo: 'The partnership with ACI will help ALTO navigate a complex and changing payments landscape'
By Karla Florez | Apr 4, 2022
ACI Worldwide, based in Miami, Florida, recently contributed to Indonesian interbank ALTO’s most recent transition to digital card-based transactions and fraud prevention efforts.
KKR & Co. Inc. subsidiary acquires shares of Mitsubishi Corp. to 'optimize and strengthen its business portfolio’
By Karla Florez | Apr 4, 2022
A subsidiary of KKR & Co. Inc has acquired all outstanding shares of Mitsubishi Corp.-UBS Realty Inc. from Mitsubishi and UBS Asset Management.
ANZ CEO discusses regional economy and housing market trends in Townsville
By Globe Banner | Apr 4, 2022
ANZ CEO Shayne Elliott recently visited Townsville, Queensland, to engage with the local community and discuss economic trends.
Gambling.com, iGaming announce partnership in Ontario ‘marking the first licensed sports betting and online casino market in Canada’
By Karla Florez | Apr 3, 2022
Gambling.com Group Limited has entered a collaboration with online sports betting and iGaming operators in Ontario, Canada.
ESS expands to Europe, hopes to ‘combat the devastating effects of climate change’
By Karla Florez | Apr 2, 2022
ESS Tech, Inc. has expanded its operations into Europe in response to a growing demand for long-duration energy storage solutions in the region.