Tags: China

Volkswagen China growth slows to 10 percent due to capacity limits

Volkswagen AG's (VOWG_p.DE) growth in China is expected to slow to around 10 percent this year from 16 percent in 2013 due to a conservative strategy that has limited its production capacity, the head of its Chinese operations said on Tuesday.


Many of China's TV shows, films are rubbish, minister says

Many of the television shows, movies and publications produced in China each year are rubbish, and the solution is to banish decadent themes and concentrate on uplifting social values instead, a senior government minister has said.

Australian, Indian leaders target free trade pact, economic boost

Australia and India will push for a free trade pact, Australian Prime Minister Tony Abbott and Indian Prime Minister Narendra Modi said on Tuesday during a rare state visit to Canberra by an Indian leader.

Apple's China app store now open for UnionPay card payments

Apple Inc's app store in China now accepts payments made using China's UnionPay credit and debit cards, the iPhone maker said on Monday, making purchases easier for users in Apple's second-largest app market.


Latest News

The U.S. Food and Drug Administration said on Friday it expects China, after almost two years of delays, to soon approve visas that will allow the agency to more than double its staff in China.
Chinese President Xi Jinping said on Saturday China's economy will maintain strong, sustainable and balanced growth, state media reported.
The G20 leaders summit in Australia starting on Saturday is setting up as a showdown between Western leaders and Russian President Vladimir Putin, following fresh reports of Russian troops pouring into eastern Ukraine.
China's Prime Minister Li Keqiang proposed a friendship treaty with Southeast Asian countries and offered $20 billion in loans on Thursday but held firm on the line that Beijing will only settle South China Sea disputes directly with other claimants.
Network equipment maker Cisco Systems Inc forecast current-quarter profit below analysts' average estimate, weighed down by capital budget cuts at telecom service providers and weak sales in emerging markets.
Asian shares slipped slightly on Thursday as investors looked to a run of Chinese economic indicators due later in the day, while Wall Street shares ended a five-day winning streak as falling oil prices hurt energy stocks.
The United States and China announced a largely symbolic plan on Wednesday to implement new limits on carbon emissions, the highlight of a summit between Barack Obama and Xi Jinping in which both leaders played down suggestions of differences and rivalry.
Alibaba Group Holding Ltd's (BABA.N) finance services arm "will definitely go public," Executive Chairman Jack Ma said on Tuesday, eyeing a mainland China listing for the e-commerce company's crown jewel.
Chinese video streaming firm Youku Tudou Inc (YOKU.N) said on Wednesday Xiaomi Technology Co Ltd [XTC.UL] will acquire a stake in the online video host.
European jet maker Airbus Group NV (AIR.PA) aims to double the annual value of aircraft components it sources from China to $1 billion by 2020, the firm's China Chief Operating Officer, Rafael Gonzalez-Ripoll-Garzon, said on Tuesday.
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