Stories By 'Xinhua'
LG Electronics Inc plans to open a factory in Hazel Park, the suburbs of Detroit, to produce EV components. The 250,000-square-foot facility is expected to start production in 2018, local media reported.
full story »
Vietnam’s Finance Ministry has proposed lifting value-added tax (VAT) to 12 percent or 14 percent from the current 10 percent, leading to outcry of many experts and companies.
full story »
China has earmarked 605 million yuan (around $90 million) from the central budget to bolster eco-agriculture.
full story »
Analysts have significantly lowered their expectations for German economic growth in August, a study published on Tuesday by the Center for European Economic Research (ZEW) indicates.
full story »
Brazil’s economy has fallen further in the second quarter of this year, a report released on Monday revealed. Brazil’s gross domestic product (GDP) “shrank 0.24 percent in the second quarter of 2017 compared to the first quarter,
full story »
The Sino-German auto joint venture FAW-Volkswagen Automotive produced its 15 millionth car on Monday. The car, an A6L e-tron, a plug-in hybrid model, rolled off the production line in Changchun, capital of northeast China’s Jilin Province.
full story »
Excessive levels of pesticide fipronil have been found in eggs produced at three farms in Taiwan, the island’s agricultural authority said on Tuesday.
full story »