September 8 – General Motors Co (NYSE: GM) said its sales in China rose 13.4% year on year to 205,885 vehicles in August. The US automaker said it plans to introduce 60 models to China over the next five years.

September 8 – Google Inc (NASDAQ: GOOG) said it has had its license to operate its search engine in China renewed. The world's top search engine has been losing market share in the country to local rival Baidu Inc (NASDAQ: BIDU) since January 2010 when it redirected all requests made on the mainland to its uncensored server in Hong Kong.

September 8 – Hilton Hotels & Resorts said it plans to open 100 hotels in China, including 40 luxury resorts, over the next five years to step up its upscale hospitality business in the country.

September 7 – Audi said it sold 27,858 vehicles in China in August, up 26% from a year ago.

September 7 – Nissan Motor Co said it sold 94,700 vehicles in China in August, up 26.1% from a year ago.

September 6 – Daimler AG said its Mercedes-Benz brand sold 13,812 vehicles in China during the month of August and 120,200 vehicles in the first eight months of 2011, up 3.2% and 35.8% year on year respectively.

September 6 – Honda Motor Corp (NYSE: HMC) will recall 255,766 vehicles made in collaboration with Guangzhou Automobile Group Co due to flawed automatic window switches that could cause short circuiting.

September 6 – LG Corp said it would close its cellphone R&D center in Beijing and lay off half of the employees there. The South Korean electronics maker plans to combine R&D and its production facility, which is based in Shandong province, to boost efficiency.

September 2 – South Korea-based Hyundai Heavy Industries Co, the world's largest shipyard, expects annual sales of $300 million from a wind turbine factory in Shandong province scheduled to open in October as it bolsters clean-energy units to reduce its reliance on making vessels, Bloomberg reported.

September 1 – DSM NV, a Dutch life and material sciences company, said it had established a joint venture with Sinochem Group. DSM Sinochem Pharmaceuticals Ltd, the new company, is headquartered in Hong Kong and engaged in the disinfection business.

$1 = ¥6.39

You are currently reading words of total words in this article.
To continue reading this article, you must be a subscriber. Log in now..

Finish this article for free.
@2017 China Economy @ China Perspective.
All Right Reserved.
Server SSL Certificate