China's real estate market is expected to usher in a new period of adjustment during the second half of this year, Economic Information Daily reported.
Battery giant Contemporary Amperex Technology Ltd will invest up to 1.8 billion euros ($2.05 billion) in expanding its European production and research base.
Chinese and British auto sectors symbolically joined hands on Tuesday as the China Association of Automobile Manufacturers, known as CAAM, and Britain's Society of Motor Manufacturers and Traders, or SMMT, signed a cooperation agreement in London.
China's carmakers are speeding up their expansion into overseas markets, especially in the Belt and Road economies, which is expected to boost their sales and more importantly help improve the local automotive industry.
German auto brand BMW is recalling 1,546 motorcycles in the Chinese market due to defective break hoses, according to China's market regulator.
Proactive action to mitigate trade tensions and embrace an open global trading system is urgently needed to help the world's turbulent economy get back on track, experts said at a forum ahead of the 2019 G20 summit.
The development of the Chinese photovoltaic power industry will not be restricted by industrial policies launched by other countries, as the cost of photovoltaic power generation has dropped significantly and the industry no longer relies heavily on subsidies, said an industry insider.
British and Chinese culture and tourism representatives have been sharing insight and experiences in a bid to boost cross-national relations in the industry.
Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
