Chengdu stories
Chinese local government poised to invest in high tech startups – just move there
Wed, 10th May 2017
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fundertech
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chengdu
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investment
Free rent for the first three years, subsidies on intellectual property, and $10million angel investment funds – it’s almost too good to be true.
Rakon braces itself for $54m loss
Fri, 6th Sep 2013
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rakon
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auckland
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chengdu
Rakon expects a net loss of $54 million in 2014 after taking a $37 million one-time charge to write down the value of its Chinese investment and other assets and posting a trading loss of $17 million.
Rakon to cut 60 NZ jobs
Tue, 6th Nov 2012
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jobs
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rakon
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nz
Rakon shifts more manufacturing to China and India in a bid to cut costs and widen profit margins.