Archive for May, 2009

Chinese Executives to Embark on a Shopping Trip to US

Monday, May 11th, 2009

Hoping to take advantage of cheap prices on struggling American businesses, a group of 400 executives from state-owned and private Chinese companies will be visiting the US next month on the hunt for distressed assets. China's Ministry of Commerce is behind the tour, and is planning visits to New York, Washington, ...

China Launches its First Outsourcing PE Fund

Thursday, May 7th, 2009

China Soft Service Investment Fund, which is believed country's first PE fund focusing on software and service outsourcing, has been established recently and raised CNY 100 million. The fund, which aims to raise CNY 200 million in capital, is jointly set up by China Soft Investments Corporation, Wuxi Software Industrial Development ...

China to Certify 1.2 Million Outsourcing Personel in the Next 5 Years

Wednesday, May 6th, 2009

As a part of government strategy to upgrade China’s manufacturer intensive economy towards a more service oriented one, the Ministry of Education (MoE) recently issued a memo to various colleges and universities under its administration, calling for aggressive actions to certify 1.2 millions outsourcing specialists in the next 5 years. In ...

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