Friday 29 July 2016
 
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China

China fines Ritz-Carlton, others for raising prices after VAT rollout

China slapped fines of more than $300,000 on the Ritz Carlton and Crowne Plaza hotels in Beijing, along with four other companies for using recent tax reforms to justify price increases. The country's top economic regulator, t

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VW eyes higher 2016 car sales on China, Europe demand

Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said. Strong demand in China, Volkswagen's (VW) largest market, and Western Euro

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VW eyes higher 2016 car sales on China, Europe demand

Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said. Strong demand in China, Volkswagen's (VW) largest market, and Western Euro

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China joins UN trucking treaty, stepping onto new Silk Road

China has taken a major step towards establishing a speedy new "Silk Road" to Europe by signing up to a UN trucking treaty. Fifteen years after joining the World Trade Organization (WTO), China is hoping a revival of its

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China joins UN trucking treaty, stepping onto new Silk Road

China has taken a major step towards establishing a speedy new "Silk Road" to Europe by signing up to a UN trucking treaty. Fifteen years after joining the World Trade Organization (WTO), China is hoping a revival of its

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G20 'must boost coordination to spur growth'

Fiscal and monetary policies are becoming less effective at spurring economic activity so the world's leading economies need to increase coordination to promote sustainable growth, China's Finance Minister Lou Jiwei said on Saturday.

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Heavy rain in China kills 24, millions evacuated

Heavy rain in China has killed at least 24 people and forced 16 million from their homes, state media reported on Saturday. The government of Henan province in central China told the Xinhua news agency that 15 people were killed a

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Saudi Arabia regains top ranking in China crude supply

Saudi Arabia, the world's biggest oil exporter, regained its position as China's top crude supplier in June, after losing out to Russia over the previous three months, customs data showed.   China importe

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ABB wins orders for world’s first 1,100 kV UHVDC power link

ABB, a leading global technology company in power and automation, has won orders worth over $300 million to supply breakthrough technologies for the world’s first 1,100 kilovolt (kV) ultra-high-voltage direct current (UHVDC) transmission l

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ABB wins orders for world’s first 1,100 kV UHVDC power link

ABB, a leading global technology company in power and automation, has won orders worth over $300 million to supply breakthrough technologies for the world’s first 1,100 kilovolt (kV) ultra-high-voltage direct current (UHVDC) transmission l

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