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Shanghai Shentong Metro awards $130m people mover contract to Bombardier's Chinese JV

2015-06-22 01:00:00| Railway Technology

Shanghai Shentong Metro has awarded a CNY808m ($130m) contract to CSR Puzhen Bombardier Transportation Systems joint venture to deliver Innovia APM 300 automated people mover (APM) system.

Tags: people chinese contract awards

 

Chinese firms pour money into U.S. R&D in shift to innovation

2015-06-21 18:41:27| IT Services - Topix.net

Surging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world's factory floor to a driver of innovation. ) are now using U.S. researchers to create patents ranging from new software to internet infrastructure, according to an analysis of Thomson Reuters' global intellectual property database.

Tags: to pour money chinese

 
 

Mercedes sales outlets sought by Chinese dealership group in Germany

2015-06-18 22:41:54| Auto Dealers - Topix.net

Lei Shing Hong, the world's largest Mercedes-Benz dealership group, is on the lookout for sales outlets in Germany to develop techniques for operating in a mature market, a spokesman for the Chinese group said. "We are continuously looking for opportunities to extend our geographical presence, and this includes Europe," a spokesman for the group said on Wednesday.

Tags: group sales germany chinese

 

Chinese shares hit by IPO wave

2015-06-18 10:36:46| BBC News | Business | UK Edition

Mainland Chinese shares see sharp falls as a huge wave of initial public offerings puts pressure on the market.

Tags: hit chinese wave shares

 

Ecolab buying Chinese water-treatment company

2015-06-17 05:23:55| Chemicals - Topix.net

Ecolab Inc. said Tuesday it has bought a controlling stake in Jianghai Environmental Protection Co., a Chinese maker of industrial water-treatment products and services. St. Paul-based Ecolab didn't say how much it paid for Jianghai, which has about 550 employees at two plants in Changzhou and posted 2014 sales of $90 million.

Tags: company chinese buying ecolab

 

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