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Volkswagen recalls Chinese cars

2015-10-12 09:23:27| BBC News | Business | UK Edition

Volkswagen recalls almost 2,000 cars in China as the country's environment ministry launches an investigation into the scandal.

Tags: cars chinese volkswagen recalls

 

Chinese Tsinghua reportedly targets Sandisk and Toshiba NAND Businesses

2015-10-09 08:35:29| Electronics - Topix.net

China' state-owned Tsinghua Unigroup is according to industry sources targeting Sandisk's and Toshiba's memory units for aquisition. China has a grand plan to become independent for storage devices, DRAM and NAND flash memory.

Tags: chinese businesses toshiba targets

 
 

International Paper to Exit Chinese Coated Board Joint Venture

2015-10-09 03:25:36| Paper - Topix.net

As consideration for the sale, the Company will receive of currently outstanding debt from the Company's balance sheet, along with the other assets and liabilities of the IP-Sun JV, following completion of the transaction. , International Paper Chairman and CEO.

Tags: international board paper chinese

 

Falling Chinese imports weigh on world trade growth

2015-10-08 19:46:00| Daily apparel & textile news and comment - from just-style.com

Slowing import demand in China, Brazil and other emerging economies, coupled with lower commodity prices, has prompted the World Trade Organization (WTO) to lower its forecast for world trade growth this year.

Tags: world trade growth chinese

 

Chinese group-buy startups Meituan, Dianping ink merger deal

2015-10-08 08:50:00| Telecompaper Headlines

(Telecompaper) Chinese group-buy startups Meituan.com and Dianping.com, separately backed by Alibaba Group and Tencent respectively, have signed a merger agreement, Bloomberg reported, adding that the two will now pool resources and cease their margin-eroding price war. Under the agreement, Meituan CEO Wang Xing and Dianping CEO Zhang Tao will run the new company as co-chairmen and co-CEOs. The deal creates a dominant player in China's online-to-offline services market, as consumers increasingly use smartphones and tablets to book everything from hotel rooms to car rides to grocery deliveries. The alliance will have as competitor search company Baidu, which is investing USD 3.2 billion over three years on its own provider of local services.

Tags: deal chinese ink merger

 

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