China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...
China's value-added industrial output, an important economic indicator, increased mildly in August -- an encouraging sign for a slowing economy. Industrial output expanded 6.3 percent year on year last month, faster than the 6-percent ...
Sales slowed in August as the Olympics and outdoor activities diverted shoppers’ attention, reports BRC-KPMG in its latest Retail Sales Monitor. On a total basis, sales declined 0.3%, against a 0.1% increase in August 2015. This is ...
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Global supply chain risk Q2 2016. Global supply chain risk climbed in the second quarter of 2016, reaching the highest levels since records began in 1995, according to the CIPS Risk Index, powered by Dun & Bradstreet. The Index, ...
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Recently, SHACMAN delivered new X3000 refrigerator truck to customers. The luxury gold refrigerated truck is jointly manufactured by SHACMAN and CIMC. Referred to the delivery of the refrigerator truck, the customer said with the thumbs ...
Bosch has unveiled water injection innovation that reduces fuel consumption by up to 13%. Did you know that even advanced gasoline engines waste roughly a fifth of their fuel? Especially at high engine speeds, some of the gasoline is used ...
Tags: Bosch, water injection innovation, consumption reducing
"We expect the addition of Hamleys brand will provide a great boost to enhance the company's overall brand value, image and exposure. C. Banner International has detailed its plans to open its first Hamleys flagship store in Nanjing, ...
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The UK Government is investing £35m in an expanded automotive business zone in Whitley, near Coventry. The move is expectd to create about 3,000 engineering and advanced manufacturing jobs. The investment will also improve ...
The Free and Hanseatic City of Hamburg and the Volkswagen Group will collaborate over the next three years to jointly develop innovative solutions for making urban mobility more environmentally-friendly, safer, more reliable and more ...
Tags: Hamburg, Volkswagen, partnership
Michelin Group has broken ground on a passenger-tire plant in Central Mexico. It is the company's 69th global facility. Michelin Group's CEO Jean-Dominique Senard said: "Our actions here today demonstrate our confidence in Mexico's ...
On August 13, Sichuan HYUNDAI TRAGO held delivery ceremony and products promotion in Xiamen, which delivered 15 TRAGO heavy trucks to DIANTAI Logistics. The products promotion with the theme of ‘Logistic equipment upgrade and logistic ...
America’s back, free trade agreements are helping (particularly with China), and Europe remains on Australian business horizons despite Brexit. This is according to the 2016 DHL Export Barometer. However, exporters are muddling ...
On the morning of August 16, Foton-Daimler, Capital Logistic and Beijing Huanda Automobile Assembly held signing ceremony in Beijing. The strategic purchase contract of 1000 intermediate axle trailers opened new road of development and ...
Tags: Foton-Daimler, Beijing Huanda Automobile Assembly, purchase contract
Electric truck and bus powertrain manufacturer, Motive Power Systems has opened its new headquarters at 330 Hatch Drive in Foster City, California. The new headquarters gives the company room to grow and hire new employees, and continue ...
The US Environmental Protection Agency (EPA) and the US Department of Transportation's (DOT) National Highway Traffic Safety Administration (NHTSA) have jointly finalized standards for medium and heavy-duty vehicles that will improve fuel ...
Tags: EAP, DOT, finalized standards