China's auto sales accelerated in the first two months of this year, led by demand for sport utility vehicles and minivans. Retail deliveries of passenger vehicles increased by 16 percent to 3.49 million units in January and February, the ...
Tags: Auto Sales, SUV, Minivans
China's consumer price index (CPI), the main gauge of inflation, grew 1.4 percent year on year in February, the National Bureau of Statistics (NBS) said Tuesday. The stronger-than-expected reading quickened from the 0.8-percent gain in ...
Tags: CPI, February Inflation
Beijing-based Xiaomi Inc has set a more ambitious goal for smartphone sales in 2015, the company's founder and CEO revealed on Friday. Xiaomi is expected to sell between 80 million and 100 million smartphones for the whole of 2015, Lei ...
Tags: Xiaomi, smartphone sales, ambitious goal
Having failed to make an appearance at MWC 2015 last week, the Xperia Z4 has since been the subject of multiple leaks, with latest insight claiming users will have to make do with limited internal storage. As with both of its ...
Axalta Coating Systems, a global supplier of liquid and powder coatings, has opened a latest-generation manufacturing facility in Shanghai to produce waterborne coatings for China’s growing automobile market. The newest and one of ...
Tags: Axalta Coating, powder coatings
BorgWarner has announced plan to increase its production capacity at Ningbo facility in China by adding a production line for its exhaust gas recirculation (EGR) valves. ERG is engineered to reduce nitrogen oxide (NOx) emissions for ...
Tags: recirculation valves, BorgWarner
China will quicken the pace of implementing the strategy of free trade zones (FTZs) and turn institutional innovation into a strong impetus for the country's development, President Xi Jinping said Thursday.[Special coverage] To speed up ...
Tags: Consumer Electronics, China
China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.[Special coverage] The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points ...
Tags: Consumer Electronics, Growth
China will stabilize its property market this year, with tailored, market-based policies to guide "stable and healthy development," according to the government work report delivered by Premier Li Keqiang Thursday.[Special coverage] ...
The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said Xu Shaoshi, minister in charge of the National Development and Reform Commission, China's top ...
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Cetec has announced its estimate of a 20% sales growth for 2015. "The rather optimistic estimate, especially in such turbulent economic scenario, is supported by a strategy that combines portfolio expansion and the development of custom ...
Canadian food safety organisation Prairie Diagnostic Services (PDS) has received a $549,278 funding from Harper Government to purchase new equipment to expand and modernise its testing efficiency. This new financial support will help PDS ...
Tags: Food Safety, New Equipment
As more global fast food chains rush to China for expansion, they also have to face the costly headaches in a fast-changing food supply environment plagued by repeated safety scandals. Fast-food giant McDonald's Corp recently announced ...
Tags: fast food, Food Production Monitor