Volume No.5 | 08/15/2017
Fosun News
Sanyuan and Fosun Enter Exclusive Discussions to Jointly Acquire St-Hubert, a Century-Old Healthy Food Company

This acquisition can bring the advanced and innovative production technologies to China. It would also represent an important and practical step towards Chinas mixed-ownership reform.

Fosun’s Joint-Venture Nanjing Nangang Completes Acquisition of Leading German Automotive Supplier Koller Beteiligungs GmbH

It is the first overseas investment for Nanjing Nangang and the first overseas industrial investment in the automotive industry for Fosun.
Fosun Family
Millennium BCP Swings to Profit in First Half

LISBON, July 27 (Reuters) - Portugal's second-largest bank Millennium bcp, posted on Thursday a sharp turnaround in first half net profit to 89.9 million euros, boosted by falling non-performing loans and a strong rise in net interest income.

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Healthcare for All

Recently, United Foundation for China’s Health (UFCH) has won 2017 CSR Awards for Healthcare, jointly granted by British Chamber of Commerce (BritCham) and American Chamber of Commerce (AmCham) in China.



Club Med Signed a Partnership with UnionPay International and Adopted the UnionPay Card

By partnering with UnionPay International, Club Med now offers to its Asian and particularly Chinese customers staying in its resorts in France, a new payment method to facilitate and secure their banking transactions abroad.


Meadowbrook Insurance Group, Inc. Names Cheung Kwan as Executive Vice President, Chief Operating Officer, Century Insurance Group  

SOUTHFIELD, Mich., July 24, 2017 /PRNewswire/ -- Meadowbrook Insurance Group, Inc. (the "Company" or Meadowbrook") today announced that Fred Browning, an accomplished insurance executive and most recently Meadowbrook's Senior Vice President of Admitted Carrier Operations, has been promoted to Chief Underwriting Officer.
China Insight Out
China’s Digital Economy: A Leading Global Force

China has one of the most active digital-investment and start-up ecosystems in the world, according to a new discussion paper from the McKinsey Global Institute (MGI), China’s digital economy: A leading global force.
 
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Consumer Barometer

How Customer Demands Are Reshaping Last-Mile Delivery


The last mile is seeing disruption from new business models that address customer demand for ever-faster delivery, as well as new technologies such as drones and autonomous ground vehicles.

GloCal 2.0
KKR Opens Shanghai Office In Bet On China's Future Growth

KKR says it has opened an office in Shanghai, marking the firm’s third office in Greater China following Beijing and Hong Kong and its eighth in Asia Pacific. The move highlights the U.S. private equity giant's confidence in the future of the Chinese economy.

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