Month: August 2021
Anti-monopoly moves underline fair practices, healthy digital economy
An institutional environment for healthy market competition serves the interests of all parties, including the big companies. Starting from December, a string of Chinese internet heavyweights, including Alibaba Group Holding Ltd, Tencent Holdings…
NEVs gain popularity among the younger generation in China
There are some changes as the car market recovers, such as young potential buyers’ consumption preferences have become the vane, small and medium-sized car dealers will become a new distribution channel in China…
New guideline aligns education with national goals, gives edtech startups fresh way
The idea behind cocurricular courses coupled with curriculum-reinforcing programs of the private sector was to ensure the holistic growth of nation’s future manpower remains consistent with the needs of 21st-century industry and economy.…
E. J. McKay advises Norwegian Private Equity Fund Herkules Capital on the sale of Beckmann AS to Shanghai M&G Stationery Group
Oslo Norway, Shanghai China – August 10, 2021. Norwegian Private Equity Fund Herkules Capital signed a definitive agreement to sell its portfolio company Beckmann AS to Shanghai M&G Stationery. E. J. McKay acts…
Chinese firms to help European EV ambitions
Chinese electric car battery makers are expanding their presence in Europe to support the ambitions of native governments and carmakers in electrification. As Europe is going electric, EU governments are making heavy investments…