August 15 – Mercedes-Benz said sold 14,470 cars in China in July, down from 16,925 a month earlier. The German luxury carmaker’s sales in the country jumped 50% year on year to 109,510 units in the first seven months.

August 12 – Citibank plans to open 15 to 20 branches in China this year including a township bank, Citibank China Retail and Finance manager Zhou Yongzan said.

August 9 – Infiniti said it plans to build a plant in Zhejiang provincial capital Hangzhou and expects it to become operational by 2015.

August 9 – Motorola Mobility Holdings Inc (NYSE: MMI) shipped over two million smartphones to China in 1H 2011, compared to the same amount for the whole of 2010, said vice president Meng Pu. Meng expected shipment to China in 2011 to double last year's.

$1 = ¥6.4

You are currently reading words of total words in this article.
To continue reading this article, you must be a subscriber. Log in now..

Finish this article for free.
C-M-O-D-O AUTHENTIC SITE PayPal
@2014 China Economy @ China Perspective.
All Right Reserved.
Server SSL Certificate