Latest Scandinavian China & Hong Kong News

AAK to invest about £25m into its facility in China

AAK, a Swedish-Danish company well-known as a leading provider of value-adding vegetable oils & fats, announced to inject £24.4m to expand its facility in China. After opened the first plant in Zhangjiagang, China in 2017, AAK decided to increase capacity and support volume growth especially in Special Nutrition and Bakery segments in China by filling…

Chinese company to invest in Finland’s longest tunnel

Touchstone Capital Group, a Chinese leading company in financial solution provider, has agreed to fund billions of US dollar to a railway tunnel project connecting Finland and Estonia on the Gulf of Finland. On Friday, 8 March 2019 Touchstone Capital Group and Finestbay Area Development Oy (FADO), the developers of the project, signed a memorandum…

Copenhagen plans to share Chinese tourists with Aalborg in 2019

Wonderful Copenhagen, an official tourism organization for the Capital Region of Denmark, cooperated with Copenhagen Airport and Aalborg Airport to launch a project that will make the transportation easier for Chinese tourists to visit north Jutland. Based on the research of an influx of tourists in Copenhagen over the past few years, the number of…

Sweden investigates its Ambassador to China involving in secret meetings

Sweden’s equivalent to CIA is investigating Anna Lindstedt, the Ambassador of Sweden to China, after she was alleged of set up secret meetings without the awareness of the Swedish Ministry of Foreign Affairs. Anna Lindstedt set up the meeting between Angela Gui, a daughter of a Chinese-born Swedish bookseller jailed in China and two businessmen…

Greencarrier opens its new office in Tianjin, China.

Greencarrier Freight Services, the large global logistics company in the Nordic region, expands their market in China by opening up a new office in Mainland China, according to their press release on 14 January 2019 . Greencarrier already has six offices in China, so this is their seventh office and it is located in Tianjin,…

Two Huawei employees expelled from Denmark

Two Huawei employees have been expelled from Denmark by Danish authorities after a work permit inspection. According to the police, four of Huawei’s staff failed to comply with laws covering residence and work permits. The two were charged on Thursday, 31 January 2019 with contravening the Immigration Act and Employment Act. Only two are expelled from…

Kone expects Chinese demand to stable in 2019

Kone, a Finnish global leader in the elevator and escalator industry, expects to see no growth or a decline in orders from China this year. Because of the falling installations in China, the elevator sector has struggled in recent years. According to Kone’s report “The increased uncertainty in many major markets impacts the visibility of the overall…

Air Cargo opens its seafood direct route between Oslo and Tianjin

Air Cargo Global opened its new direct route between Avinor Oslo Airport and Tianjin Binhai International Airport in China on Thursday, 17 January 2019. The new route will initially operate twice a week on Thursday and Saturday. “We aim to step up to three weekly departures from March if the market responds well to the increased…