China Archives — Page 6 of 6 — City Business News

April 17, 2017 No Responses

CMG eyes stake in Brazilian container port

Chinese state-owned corporation China Merchants Group (CMG) is looking to spread its footprint in Brazil as the company is reportedly in negotiations to buy Advent International Corp’s 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, local media informed. Namely, the...

April 17, 2017 No Responses

China’s first quarter growth beats expectations at 6.9%

(BBC) China’s economy grew by 6.9% in the first quarter of 2017, according to official figures. The growth rate, which compares expansion with the same three months in the previous year, was slightly higher than many economists had forecast. State-led...

April 6, 2017 No Responses

‘How criminal gangs use UK ports to defraud EU customs’

By Andrew Hosken (BBC) Systematic failures by UK customs officials have allowed criminal gangs to defraud the European Union of at least £2bn in just four years plus billions more in lost VAT, the EU anti-fraud office OLAF has claimed....

March 1, 2017 No Responses

Geely to unveil first Lynk model at Shanghai auto show

China’s Zhejiang Geely Holding Group will showcase its first model for Lynk & CO — the 01 compact crossover — at the Shanghai auto show in April, the Nikkei Asian Review reported, citing a company executive. The car will go...

February 22, 2017 No Responses

China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

(WMN) China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report freight tariffs to the ministry or were inconsistent with the reported ones. Companies have been punished with a total of RMB 2....

December 8, 2016 No Responses

Dare Art Alade to host unveiling of GAC new GS4 Brand in Lagos

Come Monday, December 12, 2016, China’s leading automaker, GAC motors will be unveiling its GS4 brand at the Eko Hotels and Suites, Victoria Island Lagos. A delegation from China led by the General Manager of GAC Motors will be making...