GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in China is anything but certain. ( read original story ...)
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off. ( read original story ...)
China-Russia flights to take off, with Beijing, Shanghai and Hainan on the radar
Additional direct flights from St Petersburg to Beijing and Shanghai are set to be added next year, while flights to Hainan will also resume. ( read original story ...)
Mitsubishi Corp loses US$90 million in suspected China metal fraud
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper traders, according to sources familiar with the matter. Read more ... ( read original story ...)
Sanofi announces its biggest China investment deal amid China-EU trade tensions
Sanofi plans to invest around 1 billion euros ($1.05 billion) to build a new insulin production base in Beijing, which will mark the French drugmaker's largest single investment in China, the company ... ( read original story ...)
Xavier Bettel and Lex Delles continue their economic mission in China in Shanghai
After a first stop in Beijing, Xavier Bettel and Lex Delles continued their economic mission to China on 27 and 28 November. ( read original story ...)
Renault Goes on China Hiring Spree to Bolster EV Push at Home
Renault SA is trying to strengthen its electric-vehicle business at a time of flagging demand by building up its footprint in a country where it doesn’t even sell cars — China. ( read original story ...)