BUSINESS >> Companies

Ford plans 50 new models

Ford Motor Co will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, Peter Fleet, head of Ford Asia Pacific, told a news conference on Tuesday.
Source: Global Times - Agencies | 2017/12/5 22:03:41

Zhejiang Dingli invests in California company

Zhejiang Dingli Machinery Co announced on Monday that it plans to invest $20 million into US-based California Manufacturing and Engineering Co.
Source: Global Times | 2017/12/5 22:03:40

Shangying Global to buy US attire business

Chinese clothing company Shangying Global Co announced on Monday that it has agreed to purchase sports clothing assets in the US, through its subsidiary there.
Source: Global Times | 2017/12/5 22:03:39

High-tech giants move to Guangdong

A growing number of top global companies in the high-tech, advanced manufacturing and new-energy sectors have unveiled investment projects in South China's Guangdong Province this year, a move that experts attribute to the local government's stimulus policies and an improving business environment.
Source: Global Times | 2017/12/5 21:48:39

China Mobile vice president wins IEEE award

Li Zhengmao, vice president of China Mobile Communications Corporation, won the 2017 IEEE Distinguished Industry leader Award on Tuesday at the IEEE Global Communications Conference (GLOBECOM) 2017.
Source: Xinhua | 2017/12/5 13:48:55

ThunderSoft buys Bulgaria's MM Solutions

Chinese software company Thunder Software Technology Co (ThunderSoft) announced on Monday that it has acquired Bulgarian mobile image software provider MM Solutions AD in an all-cash deal, through its wholly owned unit in Europe.
Source: Global Times | 2017/12/4 21:38:40

Tsinghua Holdings invests in Indian firm

Technology company Tsinghua Holdings Corp will invest about $30 million in an Indian handset maker through an affiliate in Hong Kong, according to media reports on Monday.
Source: Global Times | 2017/12/4 21:38:40

Xiaomi denies reports of 2018 IPO

Chinese technology giant Xiaomi Inc has denied media reports that it plans to launch an IPO in 2018, domestic news site sina.com.cn reported on Saturday.
Source: Xinhua-Global Times | 2017/12/3 21:53:40

Brazilian seed firm acquisition

Two Chinese companies, CITIC Agri Fund and Yuan Long Ping High-Tech Agriculture Co, have acquired the Brazilian corn seed business of Dow Chemical Co, according to media reports on Saturday.
Source: Xinhua-Global Times | 2017/12/3 20:13:39

DiDi eyes Latin America

Chinese ride-hailing company DiDi is looking to break into the Latin American market, a top leader of the company indicated.
Source: Xinhua-Global Times | 2017/12/3 20:13:39

Sinochem launches intelligent farming

The Sinochem Group said on Friday that it has launched an intelligent agricultural platform in East China's Anhui Province, which the major producer of chemicals and fertilizer hopes will help make farming work easier.
Source: Xinhua | 2017/12/3 20:08:40

China-Russia railway cooperation promotes growth of shipments

Due to broad cooperation between China and Russia ranging from the modernization of railway infrastructure to information sharing agreements, cargo shipments along the China–Russia–Europe route are growing at a record pace.
Source: Global Times | 2017/12/3 20:08:40

China-Russia railway cooperation significant to implementation of B&R

Year-to-date, the annual growth rate of transit shipments has reached about 90 percent, Alexander Misharin, a senior executive from the Russian state railway operator JSC Russian Railways, told the Global Times in an exclusive interview over the weekend.
Source: Global Times | 2017/12/3 16:03:39

IKEA China will not recall problematic drawers but promises refund

IKEA China has announced it will not recall its Malm line drawers again in China but customers can ask for full refund, reports Chinanews.com.
Source: China Plus | 2017/12/3 14:11:43

China's ride-hailing giant DiDi eyes Latin American market

Chinese ride-hailing company DiDi is looking to break into the Latin American market, as indicated by a top leader of the company.
Source: Xinhua | 2017/12/3 7:46:22

Three Chinese carmakers sign cooperation deal

Three state-owned Chinese carmakers, FAW Group Corp., Dongfeng Motor Corp. and Changan Automobile Co., Friday signed a strategic cooperation framework agreement in the central Chinese city of Wuhan.
Source: Xinhua | 2017/12/1 22:15:43

Alibaba sets up poverty relief fund

China's e-commerce giant Alibaba announced Friday that it is setting up a fund dedicated to poverty eradication, committing 10 billion yuan ($1.5 billion) over the next five years.
Source: Xinhua | 2017/12/1 22:14:07

Huawei unveils digital photography campaign to showcase Kenya's beauty

China's leading technology firm Huawei on Thursday unveiled a new photography campaign to help showcase Kenya's scenic attractions to the world on its digital platforms.
Source: Xinhua | 2017/12/1 22:10:46