What is the Belt and Road?

BY THE PEOPLE’S DAILY From Southeast Asia to Africa and Europe, a total of 125 countries and 29 international organizations have signed Belt and Road Initiative (BRI) cooperation documents with China as of March 27, 2019, accounting for over 40 percent of global GDP. The second Belt and Road Forum for International Cooperation, a leading platform for international cooperation under the framework of the BRI, … Continue reading What is the Belt and Road?

Tesla probes car self-ignition case in Shanghai

BY CHINA DAILY US auto giant Tesla said on April 22 that no one was hurt in a vehicle self-ignition accident at an underground garage in Shanghai and it has sent a team to the scene. According to the Xinmin Evening News, the self-ignition of a white Tesla sedan took place at about 8 pm on April 21 at a community garage in Shanghai’s Xuhui … Continue reading Tesla probes car self-ignition case in Shanghai

Maritime parade ‘NOT a muscle show’

BY SILVI WRITER and GLOBAL TIMES Naval vessels from 13 countries are taking part in the upcoming Chinese maritime parade in celebration of the People’s Liberation Army (PLA) Navy’s 70th anniversary on Tuesday in Qingdao, East China’s Shandong Province, where the host will debut its new warships. China’s naval experts denied reports calling the parade China’s military muscle show, but an indication that the PLA … Continue reading Maritime parade ‘NOT a muscle show’

Lawsuit against JD’s Liu may tarnish firm

BY CHINA DAILY The new lawsuit against Richard Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his company filed by a University of Minnesota student might further shake investors’ confidence, and tarnish the image and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo. The Chinese student from University of Minnesota, who claimed she was … Continue reading Lawsuit against JD’s Liu may tarnish firm

China’s most influential business leader

BY CHINA DAILY The 74-year-old Ren Zhengfei, founder and CEO of Huawei Technologies, is the most influential business leader in China, according to the latest ranking released by business magazine Fortune’s Chinese edition.   Pony Ma Huateng, founder and CEO of tech giant Tencent, came in second followed by Chen Dongsheng, founder, chairman and CEO of Taikang Insurance Group. Alibaba chairman Jack Ma grabbed fourth … Continue reading China’s most influential business leader

Defective airbags, substandard parts … recent problems found with Benz vehicles in China

BY SILVI WRITER A total of 308 imported Mercedes-Benz vehicles were found to have substandard exhaust emission control parts in China, the country official news agency Xinhua reported on Apr 8, a day before a women in Xi’an asked a local dealer for refund after she claimed her new car’s engine was defective on the day she bought it. In the Xinhua story, China’s General … Continue reading Defective airbags, substandard parts … recent problems found with Benz vehicles in China

Benz is in trouble in China after brouhaha

BY CHINA DAILY The market regulatory authority in Xi’an, Shaanxi province, has urged a local Mercedes-Benz dealer to give a customer a refund after she claimed the new car’s engine was defective on the day she bought it. The woman, who had signed a contract with the dealer Xi’an Lizhixing Co on Feb 25 to buy an imported Mercedes-Benz CLS300 vehicle through installment payments, claimed … Continue reading Benz is in trouble in China after brouhaha