Tags: China

VW's Audi has record January sales, beats Mercedes

Audi (VOWG_p.DE) outsold German rival Mercedes-Benz in January, boosting deliveries by 10 percent to a record 137,700 cars on strong demand from China, the United States and Germany.


Alibaba places China smartphone business bet with $590 million Meizu deal

China's Alibaba Group Holding Ltd is taking a $590 million stake in an obscure domestic smartphone maker as the e-commerce giant tests ways to expand its mobile operating system in a shrinking, cut-throat handset market.

Grexit, China growth fears weigh on European assets

European stocks dipped and low-rated bond yields rose on Monday after dismal Chinese trade data and signs of increasingly fraught relations between Greece and its international creditors kept investors cautious.

Oil dips after weak Chinese trade data

Brent crude prices slipped on Monday as a slump in Chinese imports pointed to lower fuel demand in the world's biggest energy consumer, outweighing falling U.S. oil rig counts and signs of healthy U.S. growth.


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China will fight attempts by foreign casinos to lure its citizens abroad, a senior police official said on Friday, which could deal a blow to the gaming firms in Macau and Asian countries that rely on these punters for most of their revenue.
Sri Lanka's cabinet said on Thursday it would allow a $1.5 billion "port city" deal with China to go ahead, dropping a threat to cancel a project approved by the previous government.
Pictures speculating around the Internet of an App Store ranking manipulation farm in China surfaced. The store lets developers pay to boost their application's ranking in the App Store.
Saudi Arabia's move to slash the price it charges in Asia for its oil this week to the lowest in more than a decade is the latest aggressive action by Gulf states to defend market share in the world's top oil consuming region.
China is taking aim again at foreign luxury car makers such as Audi (NSUG.DE), BMW (BMWG.DE) and Mercedes-Benz (DAIGn.DE) by allowing unauthorized dealers to sell imported cars - so-called 'parallel imports' - in a move to rein in high-end car prices.
Prime Minister Narendra Modi will visit China before his first anniversary in government on May 26, the foreign ministry said on Monday, in the latest symbolic move by the nationalist leader to cement India's ties with the world's major powers.
China has listed food safety and modernizing farms as among key priorities this year, its 2015 rural policy outline showed, as it tackles falling agricultural productivity that has raised concerns about its future food supply.
General Motors (GM.N) and Chinese partner SAIC Motor Corp (600104.SS) will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia’s biggest market and from there tackle other markets in the region.
German luxury carmaker Audi could reach its goal of 2 million sales a year before its 2020 target, helped by revamped models and new sport-utility vehicles, its chief executive told Reuters.
Panasonic Corp (6752.T) has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.
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