Hon Hai breaking new ground

A subsidiary controlled by Terry Gou , founder and chairman of the world’s largest contract assembler of consumer electronics Hon Hai Precision Industry Co., Ltd. , held a ground-breaking ceremony for a new Gen 10.5 8K display plant in the Chinese city of Guangzhou on Wednesday. The 61 billion yuan industrial area construction is the largest industrial investment Guangzhou has seen, expected to produce 90,000 display screens per month when fully operational, bringing in an annual productional value of 92 billion yuan , according to Chinese media.

China Southern Airlines Is A Buy

Shares of China Southern Airlines, the largest Chinese Air Carrier are attractively priced and are trading at a discount from the highs. In a conservative scenario, the shares have about 30% upside if they trade at 5-year average historical forward EV/EBITDA.

Acting DEA Administrator Meets With Drug Control Officials in China

At the invitation of the China Ministry of Public Security , Drug Enforcement Administration Acting Administrator Chuck Rosenberg visited China this week to discuss issues of mutual concern and to build on the DEA’s existing relationship with Chinese counternarcotics law enforcement authorities. Rosenberg emphasized the increased cooperation between the DEA and the MPS and recognized China’s actions toward combating global synthetic drug trafficking and illicit money laundering.

A promotional flyer for WHAM!’s Beijing concert in 1985. File photo

But now, prompted by the death of George Michael to recall that time, I can see that the concert I attended was more than just a musical first, it was a symbol of the changes that were setting China on the road to the country it is today. ) had started the ball rolling in the late 1970s by opening the country to foreign trade and bringing in the idea of entrepreneurism, and the period from late 1984 to 1986 was an interesting time to be in the Chinese capital as it felt as if Deng’s ideas had started to really gather pace.