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Hisense acquires Toshiba television business
Hisense acquires Toshiba television business

Hisense Electric, the publicly listed subsidiary of Hisense Group, has agreed to purchase 95% of the shares of Toshiba Visual Solutions Corporation for 12.9 billion Japanese Yen...

14 Nov 2017

SOUTH AFRICA

Image source:
Strikes delay construction of China's flagship BAIC SA plant

The government is feeling pressure from the Chinese state-owned R11bn Beijing Automotive Industry Holding Company (BAIC) vehicle plant being built in the Coega special economic zone near Port Elizabeth...

By Mark Allix 28 Sep 2017

CHINA

Photo by Dominik Scythe on Unsplash
Airbus opens first plane-completion centre in China

TIANJIN, China: Airbus on Wednesday inaugurated its first completion centre for large aircraft in China, a new asset for the European manufacturer in heated competition with American rival Boeing...

21 Sep 2017

AFRICA

Study reveals China commands almost 50% of Africa's international EPC market
Study reveals China commands almost 50% of Africa's international EPC market

According to a new report by McKinsey Africa, China's involvement in Africa is bigger and more multifaceted than previous studies suggest...

28 Jun 2017

SOUTH AFRICA

YOAC fibre cable manufacturing skills transfer commences
YOAC fibre cable manufacturing skills transfer commences

As China strengthens relations in South Africa, Chinese majority owned Yangtze Optics Africa Cable (YOAC) continues its efforts to facilitate opportunities...

7 Sep 2016

SOUTH AFRICA

SA manufacturers to acquire skills in China
SA manufacturers to acquire skills in China

PRETORIA: A group of 28 manufacturers have left for China to acquire skills using the three-month shoe design and manufacturing techniques capacity building programme...

17 Jun 2015

SOUTH AFRICA

Female millennials are the most confident and ambitious of any female generation
Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015

CHINA

China punishes Audi, Chrysler for 'monopoly' acts
China punishes Audi, Chrysler for 'monopoly' acts

SHANGHAI, CHINA: China stepped up pressure on foreign car manufacturers in the world's biggest car market, pledging to punish German luxury brand Audi and Chrysler of the United States for what it alleged was "monopoly behaviour".

7 Aug 2014

CHINA

PlayStation, Xbox butt heads at Hong Kong games fair
PlayStation, Xbox butt heads at Hong Kong games fair

HONG KONG, CHINA: Fans dressed as Transformers, Iron Man and Jedi knights were among thousands at the first day of Hong Kong's comic and games expo, where Xbox and Playstation went head-to-head with their new consoles.

28 Jul 2014

CHINA

PlayStations to be sold legally in China
PlayStations to be sold legally in China

SHANGHAI, CHINA: Sony will sell its PlayStation consoles in China through two joint ventures, the Japanese gaming company and its Chinese partner, as they seek to tap into the estimated 500m people who play video games in China.

27 May 2014

CHINA

China's Huawei vows security after alleged US hacks
China's Huawei vows security after alleged US hacks

SHANGHAI, CHINA: Chinese telecommunications equipment manufacturer Huawei pledged to protect cyber security, following reports this month that a US government agency had been secretly tapping the company's networks.

1 Apr 2014

CHINA

Lenovo signals 'global ambitions' with Motorola deal
Lenovo signals 'global ambitions' with Motorola deal

BEIJING, CHINA: In 1984, with only US$25,000 in Chinese government funding and a dusty 20-square-metre bungalow as their headquarters, a small group of scientists in Beijing founded a firm called New Technology Developer Inc.

3 Feb 2014

CHINA

Apple monitors plant after 15-year-old worker dies in China
Apple monitors plant after 15-year-old worker dies in China

BEIJING, CHINA: Apple sent inspectors to one of its contractor factories in China after the death of an underage worker, it said, vowing to ensure "high standards" were maintained.

17 Dec 2013

CHINA

Environmental satellite fails to enter orbit
Environmental satellite fails to enter orbit

BEIJING, CHINA: A joint Chinese-Brazilian environmental monitoring satellite launched on Monday (9 December) from northern China failed to enter orbit, state media and experts said. This represents a setback for the country's fledgling space programme.

10 Dec 2013

CHINA

China car sales up 20.3% in October
China car sales up 20.3% in October

SHANGHAI - China's auto sales surged 20.3% year-on-year in October, helped by a long holiday, China Association of Automobile Manufacturers said on Monday (11 November).

12 Nov 2013

CHINA

Esprit posts USD566m annual net loss
Esprit posts USD566m annual net loss

HONG KONG, CHINA: Fashion retailer Esprit said on Tuesday, 10 September, that it suffered a net loss of HK$4.39bn (US$566m) in the year to June as it struggled to turn its brand around amid stiff competition.

10 Sep 2013

CHINA

SA exhibitors show off products at China's trade fair
SA exhibitors show off products at China's trade fair

XIAMEN, CHINA: The annual China International Fair for Investment and Trade (CIFIT) got underway on Sunday, 8 September, with South African exhibitors showing off their wares.

9 Sep 2013

FRANCE

Strong Chinese demand to pull global car market: Moody's
Strong Chinese demand to pull global car market: Moody's

PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).

6 Sep 2013

CAMEROON

Counterfeit medicine trade targets Africa's poor
Counterfeit medicine trade targets Africa's poor

YAOUNDE, CAMEROON: From Cameroon to Ivory Coast, Kenya to the Democratic Republic of Congo (DRC), traders in counterfeit drugs do a thriving business with the utmost cynicism and sometimes at the cost of human lives.

24 Aug 2013

CHINA

China's first airliner won't fly for some time
China's first airliner won't fly for some time

BEIJING, CHINA: The maiden test flight of China's first large commercial jetliner has been delayed to 2015 due to development difficulties, state media reported on Wednesday (7 August), in a setback for the country's aviation ambitions.

9 Aug 2013

CHINA

Cars sales up 11,2% in China
Cars sales up 11,2% in China

BEIJING, CHINA: Car sales in China, the world's largest car market, increased by 11.2% year-on-year in June, an industry group said Wednesday (10 July).

11 Jul 2013

CHINA

China accuses Tetra Pak of abuses
China accuses Tetra Pak of abuses

SHANGHAI, CHINA: China is investigating global packaging giant Tetra Pak for "abusing" its dominant market role, an official said last week. This is the latest in a series of probes aimed at foreign companies operating in that country.

8 Jul 2013

CHINA

China warns EU to drop telecom probe, solar panel tax

BEIJING, CHINA: China has warned the European Union against escalating bilateral trade disputes, urging Brussels to drop plans to probe Chinese telecom products and impose hefty taxes on its solar panels.

20 May 2013

CHINA

KFC sales plummet on bird flu fears
KFC sales plummet on bird flu fears

SHANGHAI CHINA: Sales of fast food KFC in China slumped an estimated 36% in April, according to parent Yum! Brands, as consumers shunned chicken due to the H7N9 bird flu outbreak in humans.

14 May 2013

CHINA

VW recalls 384,181 vehicles in China
VW recalls 384,181 vehicles in China

SHANGHAI, CHINA: Volkswagen said on Wednesday (20 March) that it will recall 384,181 vehicles in China because of gearbox defects, marking the German car manufacturer's biggest ever recall.

21 Mar 2013

SOUTH AFRICA

Bigger is better says motor industry
Bigger is better says motor industry

Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.

11 Mar 2013

CHINA

Renault recalls 60,000 cars in China
Renault recalls 60,000 cars in China

BEIJING, CHINA: French car manufacturer Renault has begun recalling more than 60,000 cars exported to China over problems with their fuel gauge sensors, China's consumer quality watchdog said, according to state media.

11 Feb 2013

FRANCE

Renault sells stake in Volvo trucks
Renault sells stake in Volvo trucks

PARIS, FRANCE: Renault has sold its stake in Swedish truck manufacturer Volvo AB for €1.5bn to cut debt and make strategic investments.

14 Dec 2012

SOUTH AFRICA

SA crude steel production falls 13.7%

South African crude steel production fell 13.7% year on year in November to an estimated 550 000 metric tons, latest figures from the World Steel Association reveal.

6 Jan 2012

CHINA

Lenovo reports first quarter 2011/12 results
Lenovo reports first quarter 2011/12 results

HONG KONG, CHINA: Lenovo Group has reported results for its first fiscal quarter ended 30 June 2011, and for the seventh consecutive quarter, Lenovo claims to have grown faster than any of the top five PC manufacturers, helping the company to become the world's third largest PC vendor in total shipments.*

19 Aug 2011

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