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HNA seals $6b deal for Ingram Micro
China's aviation and shipping conglomerate HNA Group closed a $6 billion acquisition of the world's top IT products distributor Ingram Micro Inc on Tuesday.
December08,2016
HNA seals $6b deal for Ingram Micro
China's aviation and shipping conglomerate HNA Group closed a $6 billion acquisition of the world's top IT products distributor Ingram Micro Inc on Tuesday.
December08,2016
CTG plans to invest $6b in Belt & Road economies
China Three Gorges Corporation, builder and operator of the world's biggest hydroelectric power project - the Three Gorges Dam - has vowed to increase energy supplies to economies related to the Belt and Road Initiative.
May15,2017
China to keep creating top-notch business environment for foreign firms: official
China will unswervingly pursue high-standard opening up and continue to create a first-class business environment for foreign companies, including European firms, a senior official with China's top economic planner said on Tuesday.
December06,2023
BMW reports robust electric vehicle sales growth in China
The BMW Group delivered 99,972 all-electric vehicles in the Chinese market in 2023, a year-on-year increase of more than 138 percent, the automaker has said.
January15,2024
BMW to further invest 2.8 bln USD in NE China production base
German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province.
April28,2024
Mercedes-Benz recalls diesel vehicles over emissions software
German automaker Mercedes-Benz must recall more than 100,000 diesel vehicles in Germany due to renewed allegations of illegal emissions technology.
December22,2023
China sees spurred business entities vitality in Q1-Q3
Statistics from State Administration for Market Regulation (SAMR) showed that in the first three quarters, the number of newly established foreign-invested enterprises hit 46,586, exceeding the pre-pandemic level, while the number of newly established private enterprises was 7.065 million, indicating a year-on-year increase of 15.3 percent.
November16,2023
China, Germany aim for steady progress in economic cooperation
In January, German company Beumer Group settled in Taicang, Jiangsu Province, marking the arrival of the 500th German enterprise in this eastern Chinese city.
April16,2024
New Opportunities of China-Laos Economic and Trade Cooperation in New Era
The report mainly presents the fruitful results achieved in bilateral economic and trade cooperation, the key cooperation construction projects between the two countries, and the vast opportunities for bilateral cooperation in the future.
December08,2023
BMW increases production of battery modules for e-cars in Leipzig
German carmaker BMW is expanding its production of electric drive systems in Germany.
August03,2022
China Focus: BMW celebrates 20th anniversary of taking root in China
BMW Group's joint venture in China, BMW Brilliance Automotive Ltd. (BBA), on Thursday marked the company's 20th anniversary, announcing further investment and localization of its electro-mobility in China.
May19,2023
Economic Watch: China remains popular destination for foreign investment
China remains a hot spot for foreign investment, as business operators' opinions resonate with the country's official data.
February22,2023
Xinhua Headlines: BMW enters more Chinese families
Liu Yifang, a resident in Shenyang, northeast China's Liaoning Province, replaced his compact car with a BMW sedan in 2012, as he believed that the German brand had become affordable for more Chinese families.
May25,2023
Interview: BMW senior official says engagement better than judgement, stressing cooperation with China
German auto giant BMW AG would continue to deepen cooperation with its Chinese partners due to China's market and strong innovation capability, said its Chairman of the Board of Management Oliver Zipse.
January09,2023
Global carmakers vie for China's vast auto market
The 19th China Changchun International Auto Expo that kicked off on Friday in Changchun, capital of northeast China's Jilin Province, has attracted tens of thousands of automobile enthusiasts.
July18,2022
Foreign companies remain upbeat about Chinese market
Foreign-funded enterprises remained upbeat about investment prospects in China amid the country’s continuous efforts to open its door wider and increase its market appeal to global investors.
November03,2022
BMW to launch China-exclusive all-electric 3 Series
German carmaker BMW announced on Thursday it will launch the first all-electric 3 Series car exclusively for the Chinese market in May 2022.
April01,2022
BMW opens new factory in China
A new factory of BMW Group's joint venture in China opened Thursday in Shenyang, northeast China's Liaoning Province, with an investment totaling 15 billion yuan (about 2.2 billion U.S. dollars).
June24,2022
Interview: China set to remain world's largest NEV market, says BMW CFO
China will continue to be the world's largest new energy vehicle (NEV) market for years to come, said Nicolas Peter, chief financial officer (CFO) and member of the Board of Management of BMW AG, in a recent exclusive interview with Xinhua.
May07,2022
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