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Geely purchases Volvo for US$1.8 billion
China’s Geely Holding Group signed a binding deal Sunday to buy Ford Motor s Volvo Cars unit for $1.8 billion, representing a coup for the independent Chinese automaker which is…
Shoppers Go Crazy for Carrefour’s Business
Retailer embarks on strategic expansion on the back of high sales Beijing – It’s 1 a.m. one day during this year’s Spring Festival and hundreds of consumers are on a…
Chinese Central Bank Sees European Debt Crisis Threat to Global Recovery
Europe’s debt crisis is a threat to the global economic recovery and sovereign risks in some countries could still emerge, China’s central bank said today. Concerns about European government debt…
Macao’s CPI up 2.57% in February
Macao’s composite CPI (consumer price index) for February 2010 increased notably by 2.57 percent year-on-year to 103.27, according to figures released on Monday by the city’s Statistics and Census Service…
China says Google breaks promise, totally wrong to stop censoring
Google has “violated its written promise” and is “totally wrong” by stopping censoring its Chinese language searching results and blaming China for alleged hacker attacks, a government official said early…
China automotive industry
Market information China was set to become the world’s second largest new car growth market by the end of 2006, with the country likely to claim the number one spot,…
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