Think Asia, Think Hong Kong. That’s the title of two seminars organised by the Hong Kong Science and Technology Parks Corporation (HKSTPC) and the Hong Kong Chamber of Commerce in the Netherlands. The seminars, to be held in Zoetermeer (3 March) and Enschede (5 March) are part of a promotion tour of the HKSTPC and aim to show how
Chief editor Alexander Pil of Mechatronica&Machinebouw visited Shanghai and Suzhou. He visited the German company Festo and the Dutch companies NTS Mechatronics, Tecnotion, Keytec and VDL-ETG.
In the article that Alexander wrote about his trip, several industry representatives explain their experiences in and with China. Although their stories vary, a number of conclusions are shared by all interviewees.
China’s JD.com (formerly JingDong and 360Buy) prepares for a $1.5B IPO in the US. To this end it had to give a rather interesting insight into its figures in the SEC filing.
Not only is the profit of JD.com rather low, but it mainly comes from interest, government tax rebates and ‘other business’. That other