China Economic ReviewDaewoo Motor of South Korea has signed a deal to sell its bus-making operations to South Korean hat-maker Young An Hat Co, Reuters reported. The US$117m deal includes Daewoo's joint venture in Guilin, Guangxi, which has a capacity of 3,000 buses a year, as well as its main domestic plant in Pusan. A Young An […]
Yamaha Motor has won nearly Yn1m in damages against a privately owned Chinese company, the first time a foreign vehicle maker has won a trademark case against a mainland firm. The world's second largest motorcycle manufacturer accused Tianjin Gangtian Group of producing and selling motorcycles bearing its trademarks without its authorisation. Tianjin Higher People's Court […]
Japan's Mazda Motor will contract out production of its newly released Mazda 6 midsize passenger car to First Auto Works Group, China's largest carmaker, Nikkei said. Mazda will ship bodies and engines to be assembled in FAW's plant in Changchun, Jilin province, and hopes to sell 15,000 units of the car in China in 2003. […]
Increased levels of cat and dog ownership in the mainland are starting to create potential niche opportunities for foreign pet food suppliers. CHINA'S RISING URBAN incomes have made cat and dog ownership more affordable, and while government regulations covering specific types of pet ownership are strict, enforcement has become lax. A new report by the […]
Construction of a new passenger ferry terminal at Shenzhen's Bao An airport could start by the end of this year, according to Hong Kong's The Standard. In addition, the airport hopes to complete a second berth for cargo vessels of up to 1,000 tonnes by December. The ferry port has already been approved by the […]