Taiwanese-owned plastic supplier Kaedar Electronics Co. announced last week that an unnamed executive in Kunshan, Jiangsu province, had been suspended and investigated for alleged kickbacks to Apple Inc.
Kaedar makes plastic casings for electronic products and has been supplying packaging containers for iPod since 2005.
According to Kaedar’s parent company Pegatron Corp., Kaedar paid kickbacks to a [...]
Two Chinese plastic companies and their executives are facing trials in Beijing on accounts of alleged production and sale of substandard plastic insulation boards that contributed to a well-publicized blaze involving the state-owned China Central Television.
Beijing Tian Jiang Building Materials Co. Ltd. and Langfang Huaneng New Building Materials Co. Ltd. of Hebei province each supplied [...]
As the temperature tops 105 F in the Yangtze River delta, firms are seeing a temporary rise in wages as well as requests for longer lunch breaks and free summer drinks.
Employers find it especially difficult to recruit plastics injection press operators, construction workers and cooks, among other jobs, according to an official at the Andemen [...]
An Italian-invested firm in Zhejiang province claims that its “multi-functional biodegradable liquid film” can replace traditional agricultural films, which is a major cause of “white pollution” and soil degradation.
Zhejiang Bolong Ecological Technology Co. Ltd. is owned by shareholders of Bolong Ecotech Italia S.R.L Ltd. Zhejiang Bolong was founded earlier this year in Wenzhou with 50 [...]
While labor issues linger in its coastal manufacturing base in Southeast China, Foxconn Technology Group has quickly taken some of its iPhone production in its new inland factory in Zhengzhou, Henan province.
The Zhengzhou factory started production in a rented building early this week, merely a month after Foxconn registered the company with local authorities.
According to [...]
China’s largest domestic compounder Guangzhou Kingfa Sci & Tech Co. Ltd. has announced plans to build a production and R&D base in Kunshan, Jiangsu province.
Kingfa will invest 638.8 million yuan ($94.3 million) in cash in the wholly owned subsidiary. Based on the amount of investment, some analysts speculate that the Kunshan base will have larger [...]
I was told by my colleagues that the Plastics News China Blog and my name were mentioned in the China Tracker section of forbes.com, in a blog post on why Chinese companies fail in the U.S.
It was two and half years ago when I wrote a post here to comment on an insightful list of [...]
Among all Chinese stocks listed in the U.S., the one with the highest return on assets ratio in the past 12 months is a plastics recycling company.
According to financial information firm China Analyst, Guanwei Recycling Corp. (NASDAQ:GPRC) features a ROA of 70.36 percent for the last 12 months. Its asset turnover ratio (revenue divided by [...]
BASF AG chairman Jurgen Hambrecht, along with other German executives, reiterated concerns and criticism about Chinese policies that they believe put foreign companies at a disadvantage in a meeting with Premier Wen Jiabao.
According to the Wall Street Journal, Hambrecht complained about rules that foreign firms say compel them to transfer valuable intellectual property in order [...]
Warren Buffet once said, “The great personal fortunes in this country weren’t built on a portfolio of fifty companies. They were built by someone who identified one wonderful business.” But it hardly applies in China, especially as the real state boom creates wealth in an unmatched speed.
Haitian Group, owned by the Zhang family in Ningbo, [...]