JCET to buy 80% stake in SanDisk China’s unit

China's chip assembly and testing firm JCET said on Monday it plans to buy an 80% stake in SanDisk China's Shanghai-based unit specialising in flash memory products for about $624 million via cash. ( read original story ...)

CEO: Pace and vision of Volvo led by China

China is far more than just an important market for Volvo's development, said the Swedish premium carmaker's president and CEO Jim Rowan. Rowan made the remarks on Wednesday when he came to Shanghai ... ( read original story ...)