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Showing posts with label china progress. Show all posts
Showing posts with label china progress. Show all posts

China sovereign fund seeks new Europe investment

China's $300-billion sovereign wealth fund is looking for investment opportunities in debt-hit Europe even though it is not very optimistic about the region's prospects, a media report said Saturday.

China Investment Corp (CIC) already has a big exposure to Europe and its investment return from the continent is not bad, its chairman Lou Jiwei told a forum on the southern Chinese island of Hainan, Dow Jones Newswires reported.

"From the investment perspective, (we're) not very optimistic about Europe," Lou said at the Boao Forum.

"But it doesn't mean we

21:30 | Labels: , , , , , | 0 Comments  

China To Suspend Import Of Jeep Wrangler Over Safety Issues

China announced that it would suspend import of Jeep Wranglervehicles owing to a serious potential safety risk.
The country's product quality supervisory body stated that lots of vehicles caught fire suddenly.
In a declaration, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) stated that probes discovered that the fires were the outcome of a trouble in the vehicles' mechanical transmission systems.

17:15 | Labels: , , , , | 0 Comments  

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