Volkswagen has established a joint venture dedicated to producing electric cars in the country. Mercedes-Benz is to produce electric cars under its EQ sub-brand at its joint venture with BAIC Group.
WASHINGTON - The recent increases in US tariffs against imports are seen to be pushing up prices and reducing profits for American manufacturing and service firms, according to a report recently published by the Federal Reserve Bank of New York.
Vuitton's desire was to establish a wine collection that embodied the French style, and he was careful only to select wines of outstanding pedigree from the finest producers in Bordeaux.
Volunteers and representatives attend the launch of the 2018 BMW Children's Traffic Safety Education program. [Photo provided to China Daily]
WASHINGTON - US Defense Secretary James Mattis said on Thursday that the US military had already stopped refueling the Saudi-led coalition's aircraft engaged in Yemen conflict "some weeks ago," according to a Pentagon statement.
WASHINGTON - The number of confirmed COVID-19 cases worldwide has risen above 1 million, according to the new tally from Johns Hopkins University on Thursday afternoon.
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Volvo is currently investing around 5 percent of its annual revenue–just more than billion–into electric and driverless car technology.
WASHINGTON - The United States on Thursday informed the United Nations Educational, Scientific and Cultural Organization (UNESCO) that it would formally withdraw from the organization on Dec 31, 2018.
Vincent Lee Kwan-ho, former independent nonexecutive director of the Hong Kong Stock Exchange, got 1,594 votes, the highest among the 11.
WASHINGTON - US President Donald Trump is receiving blowback after claiming on Tuesday that Asian Americans are angry at "what China has done" in the epidemic, a move criticized by many as racist and blame-shifting.