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Tag: china
Audi CEO Stadler positive on China recovery
2015-09-09 12:34:13| Auto Dealers - Topix.net
Rupert Stadler, Audi's CEO, says the market in China is showing signs of recovery after more customers visited the automaker's showrooms there in August. Audi is confident that the country's growing middle class will ensure its car market keeps growing in the mid-to-long term, Stadler said at a meeting here on Tuesday.
Tags: china
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ABB lowers growth outlook amid China slowdown
2015-09-09 09:34:09| Electronics - Topix.net
ABB Ltd. on Wednesday lowered its five-year growth outlook and launched a big reorganization of its business as the power and automation giant said it faced slower global growth, including in China. Zurich-based ABB, the world's largest maker of power grids, cut its annual revenue growth target to 3% to 6% between 2015 and 2020 from 4% to 7% previously.
Tags: china
growth
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Indonesia Cancels High-Speed Rail as China and Japan Compete for Projects
2015-09-08 22:39:21| ENR.com: Headline News
Up until recently China has been the go-to builder of Asia's high-speed rail networks, but Japan is proving a competitive rival in the bidding for several of the region's high-profile projects.
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Rolls-Royce sees fall in China sales
2015-09-08 19:25:16| BBC News | Business | UK Edition
Rolls-Royce has seen sales of its luxury cars hit by a fall in Chinese demand, but says it is not scared by the dent in business.
Stocks Higher As China Stimulus Hope Shares Stage With Fed, Apple Show
2015-09-08 18:55:03| IT Services - Topix.net
U.S. stock indexes are positioned to start a holiday-shortened week with gains, taking cues from relative stability in Chinese markets even as China's August trade data further exposed the challenges facing the world's second-largest economy. Most likely, say industry analysts, because numbers of this nature could keep Chinese officials injecting stimulus into the economy, and by default, into its stock market.
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