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China / Business

Tesla China is mulling local factory

[2017-06-24 07:45]

Elon Musk's Tesla Inc - the highest valued car producer in the United States with a market capitalization of over $60 billion - never fails to surprise people, and this time it is the electric carmaker's localization plans for China.

Parts maker celebrates opening of Detroit tech center

[2017-06-24 07:45]

For Zhang Daocai, chairman of the Sanhua Holding Group, it was a "historic moment, a milestone."

Shenzhen to pursue B&R opportunities

[2017-06-23 09:34]

Major companies in Shenzhen are expanding to cope with growth opportunities thrown up from the Belt and Road Initiative.

Lighting group sees dazzling potential

[2017-06-23 09:34]

Developing digital and intelligent lighting products and comprehensive lighting solutions will be of key significance for Ledvance, a global lighting provider based in Germany, to expand its market presence in China, according to a senior company executive.

Motorola bullish on radio prospects

[2017-06-23 09:34]

US data communications and telecoms equipment provider Motorola Solutions Inc said it is planning to establish a dedicated team in China to customize its digital two-way portable radios and services for Chinese industry customers, to improve their working efficiency.

Investors react to MSCI

[2017-06-23 09:34]

China's A-share market opened buoyantly in Thursday morning trading,

Ford chooses China over Mexico to save $1 billion

[2017-06-23 09:34]

Ford Motor Co's choosing China over Mexico to produce the next generation of its Focus small car comes down to one thing: saving an estimated $1 billion.

Energy projects power up African growth

[2017-06-23 09:34]

A number of clean energy projects, including Dongfang Electric Corp's Gibe III Dam project and China Electric Power Equipment and Technology's Grand Ethiopian Renaissance Dam, will help Africa realize industrialization and urbanization in an efficient way, officials said at a recent forum.

FTZs open wider to foreign firms

[2017-06-23 09:33]

More sectors are now open for foreign investment in China's 11 pilot free trade zones, ranging from helicopter manufacturing to financial services, the Ministry of Commerce announced on Thursday.

Wanda buys key site in S.London

[2017-06-23 09:33]

Chinese real estate giant Wanda closed a 470 million pound ($600 million) deal to buy a major piece of land in South London's Nine Elms area on Wednesday, the latest in a series of key Chinese investments in London property.

Nation set to cash in on sharing economy

[2017-06-23 09:33]

Buoyed by the success of the nation's ride-hailing and bike-sharing sectors, Chinese companies and consumers are set to benefit from the country's intensified efforts to drive the rapidly expanding sharing economy.

JD eyes luxury sector expansion

[2017-06-23 09:33]

JD.com Inc, China's second-largest e-commerce player, said it will invest $397 million in London-based online fashion retailer Farfetch UK Ltd to further penetrate the luxury sector, amid fierce competition with Alibaba Group Holding Ltd.

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