BMW becomes first automaker to apply for majority stake in China JVBMW becomes first automaker to apply for majority stake in China JVGerman automaker BMW will gain a majority stake in its joint venture in China in a deal making it the first beneficiary of the country's opening up policy which aims to give foreign investors wider access to the market.

Global yuan trade settlement continues to riseGlobal yuan trade settlement continues to riseThe global use of the yuan as a trade settlement currency is rising, and offshore payments are increasingly taking place outside Hong Kon…

Regulator pledges to hasten QFII approvalsRegulator pledges to hasten QFII approvalsAn increasing number of foreign investors are expected to swarm into the Chinese capital market, as the potential investment value rises …

Ex-Im Bank boss seeks ways to boost trade with ChinaEx-Im Bank boss seeks ways to boost trade with ChinaWhen Fred Hochberg, chairman and president of the Export-Import Bank of the United States, led a business delegation to China last month,…

Chinese luxury water Tibet 5100 aims highChinese luxury water Tibet 5100 aims highThe Chief Executive of upscale Chinese bottled water company Tibet 5100 Water Resources Holdings says he has big plans for his company as…

"Made in China" sweeps world in past decade"Made in China" sweeps world in past decadeOver the past decade, China has extended its dominance in exports of textiles and clothing, shoes, suitcases and other labor-intensive pr…

Foxconn denies China iPhone plant hit by strikeFoxconn denies China iPhone plant hit by strikeFoxconn, the Taiwanese made-to-order electronics giant that assembles Apple Inc's products, denied reports that a plant in China was crip…



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