US judicial authorities have arrested the Chinese national Fuyi “Frank” Sun for trying to steal carbon fiber, used for military and aerospace applications, defense analyst Wendell Minnick writes in Defense News. Sun was caught by an undercover unit of Home Land Security (HSI).
Category Archives: Shanghai
Shanghai introduced in January a compensation scheme for investors who lost money on their investments, hoping to trigger more innovations. By doing that China´s second-largest city funds faulty investment deals, tells VC veteran William Bao Bean the BBC.
The Carnegie Council has appointed six Pacific Fellows, among them professor of sociology at the Sophie University in Tokyo James Farrer and author of Shanghai Nightscapes: A Nocturnal Biography of a Global City.
Sociologist James Farrer, and author of Shanghai Nightscapes: A Nocturnal Biography of a Global City has been clubbing for decades in Shanghai. But lately, the fun is gone, he tells an NPR reporter while cruising the city.
Shanghai Disney has appointed three honory ambassadors for its park, actress Sun Li, pianist Lang Lang and former NBA basketball player Yao Ming better promote itself as a family-friendly attraction. A sign it does not only want to attract kids, but also adults, says business analyst Ben Cavender to the China Daily.
Everywhere governments are looking for ways to encourage innovations. For super-innovator William Bao Bean the solution is pretty simple: get out of the way. And give visas where possible. Compensating VC for possible losses, like Shanghai wants to do, is certainly the wrong way. Singapore on the other hand does a good job.
Many foreign companies fail when they try to enter the China market. According to William Bao Bean, a partner at Shanghai venture capital firm SOSV, dealing with over 120 startups per year, that is because they follow too often the instincts they take along from their home market. Wrong, he tells in the South China Morning Post.
In Taipei the Mobile Only Accelerator (MOX) has launched and SOSV partner William Bao Bean has jumped over from Shanghai to support the operation, in PRunderground he explains what it takes to develop the next mobile apps for 4 million users.
Chinese companies listed at US stock exchanges are talking about coming home, to the Chinese stock markets. WSJ wealth editor Wei Gu is analyzing the trend and explains who is likely to gain from such a move.