Boeing to deliver 2000th airplane to China -- Boeing will deliver its 2,000th airplane to China within the year, the U.S. top aircraft manufacturer announced at the 12th China International Aviation and Aerospace Exhibition that opened on November 6 in Zhuhai, Guangdong Province. Boeing has delivered 153 airplanes to Chinese airline companies in the first three quarters of 2018, said Rick Anderson, Boeing vice president of Northeast Asia sales.
Tesla plans to achieve weekly production of Model 3 cars by 3,000 in China -- U.S. top electric carmaker Tesla Inc. said on November 2 it is planning to produce 3,000 Model 3 sedans per week in China in the near future. In a regulatory filing released on November 2, Tesla said it is going to invest up to 6 billion U.S. dollars on factories and equipment over the next two years, while it is also developing plans to start producing approximately 3,000 Model 3 vehicles per week in Shanghai, China.
DHL Express to expand investment in China to seize growth in trade -- German logistics titan DHL Express will step up its investment in China to seize the growing business opportunities as the country continues to reform and open up. "We are the witness, participant and beneficiary of China's reform and opening-up drive," said Wu Dongming, CEO of DHL Express China and managing director of DHL-Sinotrans International Air Courier Ltd.
Noah Holdings Limited to raise USD500 mln and invest in Chinese fund companies -- Noah Holdings Limited (NOAH: NYSE), the largest independent wealth management company in China, plans to raise 500 million U.S. dollars to invest in China's fund management companies, said Ma Huihong, joint chief investment officer of NOAH Holdings Hong Kong. Ma said that global institutional investors are interested in investing in China's A-share market, but they lack reliable partners. Noah plans to introduce a new investment model by arranging equity investment to fund companies which invest in stocks in the mainland of China.
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