The global financial crisis has made many Chinese customers tighten the purse strings. As big consumer goods, an increasing number of cars have to be sold at a loss in the Chinese market.
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Audi achieved a new sales record in China in 2007, selling 101,996 cars in China (including Hong Kong) – a gain of about 25 percent compared to the previous year.
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General Motors became the first global automaker to sell 1 million vehicles in China in a single year today when GM China Group President and Managing Director Kevin Wale handed the keys to a Buick Park Avenue to Mr. Zhang Jianping at Shanghai GM’s corporate showroom in Shanghai.
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CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), releases its article on opportunities and challenges coexisting in China's LED display market.
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Gateway, Inc. continues to expand the availability of its products worldwide with its official launch in China. At an event held here today, the company unveiled new Gateway notebook and desktop PCs, as well as displays for Chinese customers.
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Recent market research from Alcatel-Lucent shows that consumers and enterprises in China have a strong interest in services that allow the simultaneous interplay of voice, video, data and multimedia applications.
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Nokia today announced the new Nokia 6288 for China market, a compact tri-band GSM slide phone that adds high-quality video capture and playback capabilities among its mix of other compelling features.
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The U.S. Department of Agriculture has suspended Australia's monopoly wheat exporter and the leading Internet auction site, eBay, has found a local partner for its China operations after struggling to penetrate the market. Claudia Blume at VOA's Asia News Center has more on these and other business stories from the region.
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