Great Wall may consider building cars in Europe once sales hit 50,000 a year: chairman

China’s Great Wall Motor (601633.SS)(2333.HK) may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets. Great Wall, the top sport-utility vehicle and pickup truck maker in China, is now exploring sales and […]

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U.S. firms sour on their future in China as trade war bites: AmCham

The China-U.S. trade war is souring the profit and investment outlook for U.S. companies operating in the world’s second-biggest economy, a survey by a prominent American business association showed. The annual poll by the American Chamber of Commerce in Shanghai found that while most of its member companies remained profitable in 2018, the number reporting […]

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