Geely Purchased Dongfeng Nanchong and Develops Commercial Vehicles. The share shifting signing ceremony of Dongfeng Nanchong Automotive Co., Ltd. (thereafter shorted as “ Dongfeng Nanchong ” ) was held in Southwest United ...
The group celebration meeting of C&C Trucks Mingjia Vehicle Trading Co., Ltd. in the Spring Festival of 2016 and the product promotion conference was held in Shenzhen City, Guangdong Province on February, 23, 2016. Over 100 truck users ...
Tags: C&C Trucks, LNG truck
MTU Friedrichshafen, a subsidiary of Rolls-Royce and Chinese company Guangxi Yuchai Machinery have started a joint venture. Each company will invest an amount of 75m RMB (around 10.5m Euro). Under the licence from MTU, of MTU diesel ...
Tags: Rolls-Royce, MTU Engines
As a key integral of automated logistics system, automated logistics equipment mainly includes AGVs, forklifts, automated stereo warehouse, automated conveyors and sorters, etc. In 2015, the market size of automated logistics system in ...
Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
Wilmar International announced that its wholly-owned subsidiary, Yihai Kerry Investments has entered into two conditional joint venture agreements (JVAs) with Singapore Food Industries (SFI) today to supply certain safe and high quality ...
Tags: Wilmar, China Market
China will create more schemes offering Renminbi (RMB) convertibility in free trade zones in 2016, an official with the State Administration of Foreign Exchange (SAFE) has said. Guo Song said authorities will make the moves, designed to ...
Tags: Capital Market, SDR basket
Ningbo Joyson, a Chinese company that produces automotive and industrial electronics equipment has acquired US based airbag maker Key Safety Systems (KSS) for $920m. KSS is a Michigan-based engineering safety products supplier of ...
Tags: airbag, Ningbo Joyson
The market of heavy-duty truck is the “vane” of Chinese micro political and economic laws and regulations; the “barometer” of Chinese economy and the “thermometer” of people’s livelihood. The ...
Tags: Heavy-Duty Truck, Truck
The general outlook for the 2016 PV market has become more certain as China, the U.S. and the U.K. finalize their respective subsidy policies. “China plans to connect the country’s PV power plants onto the grid before the middle ...
Tags: PV market, multi-Si wafers
On January 6, 2016, “MEI Awards” World-Wide Product Launch in Las Vegas, with its distinctive Chinese style, unveiled gorgeously at the International Consumer Electronics Show (CES 2016) . Various award-winning products were ...
Tags: News&Press Release
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi, local UAE media reported on Sunday. The UAE clearing hub for the Chinese currency, which will satisfy ...
Tags: RMB Clearing Hub
The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
The vehicle delivering ceremony of which Chinese government aiding Azerbaijan municipal sanitation trucks program was held in Zoomlion Lugu Industrial Park in Changsha City,Hunan Province on December, 14, 2015. These 45 municipal sanitation ...
Tags: sanitation trucks, sanitation trucks program, Transportation