News Daily 2014-8-27


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-German component and parts companies were told by Chinese government that they could no longer operate as sole proprietorship in China, and needed to run as joint of venture with Chinese local companies.
Stefan Wolf, ceo of ElringKlinger, said the joint venture, which was a kind of expropriation behavior,  would be an impact on intellectual protection.

News Daily 2014-8-27


-SINOTRUK first half year report : sold 45,884 trucks, operating income 12.2 billion RMB, increased 14% compared with last year.

News Daily 2014-8-27


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