Why China is buying up the US
There’s a problem getting this information right now. Please try again later. [BRIEFING.COM] The major averages ended higher across the board as the S&P 500 advanced 0.8%. Equities climbed steadily since the opening bell as investors prepared for ...
Petrobras, China's Sinopec in talks to develop refinery project
SAO PAULO, June 19 (Reuters) - Petróleo Brasileiro SA , Brazil's state-run oil company, and China Petroleum and Chemical Corp are in talks to build a refinery compound in the South American country, according to a securities filing on Wednesday.
China's Wanda aims to launch $1 billion NY hotel project this year: chairman
BEIJING (Reuters) - Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, Chairman Wang Jianlin said on Tuesday.
China completes Internet, phone monitoring scheme for Tibet
BEIJING, June 19 (Reuters) - China has completed a monitoring scheme in restive Tibet that requires all telephone and internet users to register under their real names, state media said on Wednesday, as part of a campaign to crack down on what ...
China Automotive Systems Wins Chrysler's "2013 Supplier of the Year" Award
WUHAN, China, June 19, 2013 /PRNewswire-FirstCall/ -- China Automotive Systems, Inc. ("CAAS" or the "Company") (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced that it won the Chrysler 2013 ...
GM breaks ground on China Cadillac plant
GM has said previously that it plans to launch one new Cadillac model in China each year for the next five years. Socia said the number of Chinese Cadillac dealers will rise to 200 by the end of the year from 69 at the end of 2012. Global and ...
China's Wanda buys luxury yacht maker Sunseeker
Wanda also says it plans to invest 700 million pounds ($1 billion) in a five-star, 160-room London hotel on the South Bank overlooking the Thames River. Wanda last year set the current record for the biggest Chinese takeover of an American ...
UPDATE 2-GM revs up plans for Cadillac in China luxury market
SHANGHAI, June 19 (Reuters) - General Motors Co's strategy to make its 110-year-old Cadillac brand one of China ... up a gear on Wednesday as the U.S. automaker unveiled plans to expand its retail network in the world's largest car market. The ...
China eyes stockings that shoo away perverts
Women in China apparently go to extreme lengths to keep oglers at bay. The caption accompanying the photo refers to "super sexy, summertime anti-pervert full-leg-of-hair stockings, essential for all young girls going out." No word on where to buy these ...
GM aims for 10 percent of China's luxury car market by 2020
SHANGHAI (Reuters) - General Motors Co aims to have 10 percent of China's luxury market by 2020, its China chief said on Wednesday. Bob Socia made the comment in a roundtable ahead of a ground breaking ceremony for GM's new Cadillac plant in the ...
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