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Internationalization
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GAC Motor to Showcase New Electric Concept Car at 2018 NAIAS
Jan 15, 2018Chinese automaker GAC Motor is set to showcase its sedan and electric concept car at the 2018 North American International Auto Show (NAIAS). The company will showcase is high-end models including GA8, GS8 and GM8 at the event, which will ...
Tags: GAC Motor, Concept Car
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Bosch to Sell Starters, Generators Unit to China's ZMJ
May 4, 2017Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...
Tags: Bosch, Motors, Generators
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Alibaba Launched a Cloud Service in Japan and Tencent Fire Overseas
Dec 16, 2016After the battle in a number of areas, the Alibaba and the Tencent began a cloud market stalemate. December 15th, Ali cloud in the cloud habitat Convention Guangdong branch announced that Ali cloud Japan officially opened the service, the ...
Tags: Alibaba, Tencent, cloud market
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Central Bank Halt! This Card Will Be Cancelled! Pro, Quickly Turn The Wallet to See
Dec 13, 2016Nowadays, the use of credit cards is more and more high frequency, especially abroad, no need to exchange a large amount of paper money, with a credit card is enough. Can choose to pay by the cup, but also can choose to pay by VISA or ...
Tags: credit cards, VISA, MasterCard
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XCMG Signed 200 Orders with Malaysian Customer to Be The Biggest Winner in Bauma 2016
Dec 6, 2016On November 23, the biggest purchase contract was gained by XCMG in bauma 2016. The customer from Malaysia ordered dumpers and trailers of total 200 units in on time, and signed purchase agreement in the XCMG globe distributors conference ...
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Audi Opens New Automobile Plant in Mexico
Oct 11, 2016German luxury car-maker Audi is expanding its production footprint worldwide by opening a new automobile plant in San José Chiapa, state of Puebla, Mexico. The plant has an annual production capacity of approximately 150,000 ...
Tags: Audi, automobile plant
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You Need to Know About Yuan's SDR Inclusion
Oct 11, 2016Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
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Renminbi's Inclusion in SDR
Oct 9, 2016"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
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New Automotive Order Results in Better Growth for Voestalpine in US
Aug 25, 2016The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
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China's Yuan Further Weakens
Jul 19, 2016The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...
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Beijing International Automotive Exhibition -1
Apr 25, 2016Auto China is one of the leading auto show in China. It has had 13 sessions since its establishment in 1990. It has become a platform for the exchange of world's most cutting-edge innovative technologies and an arena for ...
Tags: Footprints
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The Market Share Of XCMG Tractor Grows In Feb.And The Sales Volume Ranks Top Ten Again
Mar 18, 2016The sales volume of XCMG heavy-duty truck was 321 in January, 2016, which grew by 23.46% compared with the same period of last year. The sales volume of XCMG tractor was 190 in February, which grew by 355.13% compared with the same period ...
Tags: XCMG, Heavy-duty truck, Sales volume
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Chinese Dominate Overseas Markets in The Holiday
Feb 15, 2016Chinese tourists comprised the major consumption force in overseas markets during the seven-day Spring Festival holiday starting from Feb. 7. Chinese purchasing made up 55.8 percent of overseas consumption in the period, reflecting a new ...
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Audi to Produce Its Fully Electric SUV in Brussels in 2018
Feb 9, 2016Audi has announced to start production of its fully electric SUV in Brussels, the capital of Belgium, starting 2018. This move came as Audi's reshuffle of its operations across Europe as the company tries to focus on electric vehicle ...
Tags: Audi, Fully Electric SUV
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HK Welcomes Mutual Recognition of Funds Arrangement
Dec 22, 2015Hong Kong's Financial Secretary John Tsang on Friday expressed welcome to the mutual recognition of funds arrangement between the mainland and Hong Kong. "The mutual recognition of funds arrangement further deepens the mutual access ...