Shanghai Electric to buy $1.77b stake in Pakistani power company

KARACHI, Pakistan - China's Shanghai Electric power company will buy a controlling ... as we enter into a definitive agreement to divest our stake in a high performance business and market leader to a strategic buyer who is fully committed to continuing ... ( read original story ...)

China's Geely, Volvo beef up strategy with new brand

SHANGHAI - Volvo Cars and its Chinese owner are revving up their profile as they focus on selling premium cars in world markets. The companies announced a strategy Wednesday that includes a new factory to make vehicles based on a new shared platform ... ( read original story ...)