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2013-05-07
Major Chinese trade fair sees rebounding turnover
Major Chinese trade fair sees rebounding turnover. GUANGZHOU - The spring session of the Canton Fair, China's largest trade fair, saw more overseas buyers and larger trade deals in comparison to last year's autumn session, the event's
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2013-05-07
STX to sell its Chinese shipyard
STX to sell its Chinese shipyard. South Korea's STX Offshore & Shipbuilding Co Ltd is planning to sell its shipyards in China as it tries to cut its mounting debts. STX Offshore's Chinese arm STX Dalian Shipbuilding Co is seeking a capital
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2013-05-06
BYD to open first US plant in California
BYD to open first US plant in California. LOS ANGELES -- Chinese carmaker BYD on Wednesday announced plans to open the first manufacturing plant in the US city of Lancaster, southern California.? Stella Li, senior vice president of BYD,
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2013-05-06
GM's China sales up 10% in Q1
GM's China sales up 10% in Q1. Despite record sales of vehicles in China, General Motors Co has posted a 14 percent drop in first-quarter profits, faced with one-off costs and weaker earnings in its core? North America n market. Chairman
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2013-05-06
EC: China's economy to grow 8% in '13
EC: China's economy to grow 8% in '13. The? Europe an Commission has forecast that China's economy will grow 8 percent this year and 8.1 percent in 2014, after it successfully avoided a "hard landing" in 2012. According to its spring
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2013-05-06
New markets buy big at trade fair
New markets buy big at trade fair. Emerging economies step forward to counteract slowdown in orders Buyers from emerging markets are stepping forward to pick up the slack as orders from developed nations slow. At the just-ended Canton Fair,