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Pirelli & C. SpA, the world's fifth-largest tire maker, has set a goal to increase penetration into China's premium car market in its industrial plan updates for the years 2013-17.In China, Pirelli hopes to increase its dealership network from around 2,000 points of sale to about 4,500 in 2017, the company said on Wednesday in London.Gregorio B......
The British capital's most iconic hotels are eager to welcome the growing wave of Chinese tourists, Mike Peters reports, with the city's best shopping and dining in easy reach.Claridge's. The Berkeley. The Connaught. These iconic London hotels boast such colorful history and character that millions who never slept there feel they know them well, th......
Chinese conglomerate Dalian Wanda Group is to invest more than 1 billion pounds ($1.6 billion) to buy a British yacht maker and to build a top-end hotel in central London, in a bid to expand its overseas presence.The company said on Wednesday that it will pay about 320 million pounds to acquire a 91.81 percent stake in Sunseeker International Ltd, ......
BRUSSELS, June 13 (Xinhua) -- The European Union (EU) said on Thursday that it had lodged a complaint with the World Trade Organization (WTO) against Chinese duties imposed on imports of steel tubes from the EU."The EU today requested consultations with China in the WTO concerning Chinese anti-dumping duties imposed on imports of high-performance s......
Sino-Swiss business relations raised to new level after series of historic firstsIt would be trite of him to say it, but there's no doubt that Kurt Haerri got a big lift out of sharing a table with Li Keqiang at a lunch during the Chinese premier's recent visit to Switzerland.The lunch event in Zurich attended by business and financial leaders was ......
The new China-Switzerland free trade agreement represents a win-win situation for both countries, Assistant Minister of Commerce Yu Jianhua told a news conference in Beijing on Monday, which will allow improved market access and cement trade links."The bilateral FTA is China's first free trade pact on the European continent and has great significan......
Business school takes leading Chinese and Western experiences back to the classroomA key barrier to business partnerships between Chinese and Western entrepreneurs is the differences that both parties perceive separate them, says Neil Selby. But he and his team have devised a pioneering strategy to deal with it."The big challenge about globalizatio......
BEIJING, April 25 (Xinhua) -- Chinese Foreign Minister Wang Yi held talks with Swiss Vice President and Foreign Minister Didier Burkhalter on Thursday, pledging to enhance cooperation.Wang thanked the Swiss side for extending sympathy after Lushan, a county in southwest China's Sichuan Province, that suffered a 7.0-magnitude earthquake on Saturday,......
The People's Party of Spain intends to strengthen ties with the Communist Party of China, with possible high-level exchanges and a batch of agreements between Beijing and Madrid on China's investment in the European Union member state, according to a senior official of Spain's ruling party.Spain, with plenty of potential for foreign investors, has ......
BEIJING, July 1 (Xinhua) -- Foreign Ministry spokeswoman Hua Chunying said Monday that China understands Croatia's efforts to join in the European integration process.Hua made the remarks when asked to comment on Croatia's accession to the EU, which took place on Monday.She said Croatia's EU membership represents progress in the process of European......