Chinese in Talks to Send Pickups to Mexico
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A small Chinese automaker and its New Jersey partner are negotiating with Mexican officials to import Chinese-made pickup trucks and sport utility vehicles.
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Nova Chemicals Corp., Canada&#39;s largest chemical maker, will join Petroleos Mexicanos, Mexico&#39;s state-owned oil company, and two other partners to study a plan to build a $2 billion petrochemical complex in Mexico.
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Auto giant DaimlerChrysler AG   DCXGn.DE is in detailed discussions with China's Chery   Automobile to make cars for sale in the United States and other   markets and could finalize the deal soon, sources said on   Friday.
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Auto giant DaimlerChrysler AG  (DCXGn.DE) is in detailed discussions with China's Chery  Automobile to make cars for sale in the United States and other  markets and could finalize the deal soon, sources said on  Friday.
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By Virgil Larson, Omaha World-Herald, Neb.  May 25--DENVER -- Level 3 Communications Inc. is eyeing China as a market for the network and services it now sells across the United States and much of Europe.
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Xinhua world economic news summary at 0500 GMT, June 19    MEXICO CITY -- Mexican President Felipe Calderon announced on Monday that his country would invest 7 billion pesos (around 636 million U.S. dollars) in a social and economic development project to help 100 poorest municipalities.
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Mexican and American officials are talking about how the U.S. government can do more to help Mexico battle drug trafficking, but the Mexicans aren't asking for a billion-dollar aid program involving U.S. soldiers.
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China and the United States will hold five days of talks in Beijing this month over Chinese seafood exports detained for harmful residues, Xinhua news agency said on Wednesday.
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China's biggest computer maker said Tuesday it is in acquisition talks with a major international technology company, a disclosure which comes amid reports it might buy IBM Corp.'s personal computer business.
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China and the United States are close to resolving a long dispute over the transfer of nuclear technology, paving the way for US companies to sell nuclear reactors to China in transactions that may be worth billions of dollars, the
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By RACHEL KONRAD SAN FRANCISCO - EBay Inc. is expected to announce plans Tuesday to open a new Chinese Web site as part of a joint-venture with a Beijing-based Internet company, signaling a strategic shift in the online auction company's Chinese operations.
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British conglomerate Virgin Group Ltd. announced Tuesday that it is in talks with a mainland Chinese telecommunications company to set up a joint venture to provide mobile services in China.
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(InfoWorld) - Chinese cities are expected to unseat Bangalore, Mumbai, and Delhi in India, and Manila of the Philippines, as favored offshore delivery centers by 2011, according to IDC. The market researcher has introduced a new Global Delivery Index (GDI), which compares 35 cities in the Asia-Pacific as potential offshore delivery centers, based on criteria such as cost of labor, cost of rent, language skills, government policies, infrastructure, and staff turnover rates. Bangalore currently tops the list, followed by Manila, Delhi, and Mumbai. The Chinese cities that figure in the 2007 list include Dalian, Shanghai, and Beijing, at numbers five, six, and seven. Indian cities have inherent challenges such asÂ cost of staff and pressure on infrastructure, said Conrad Chang, a research manager at IDCâs Asia Pacific operations, in a telephone interview on Thursday. While India has focused on the U.S. and European markets, China has large opportunities in the Japanese and Korean markets, Chang added. Chinese cities will overtake Indian cities by 2011 because of massive investments made in infrastructure, English language, Internet connections, and technical skills, which are favorable towards offshoring, IDC said Tuesday. Forrester Research,Â however, takes a less optimistic view about China as an offshore destination. Nearly two years ago, the country was widely viewed as a key challenger to India as an offshore services delivery location, however Forresterâs research shows that the market has not taken off as expected, the research firm said in a recent report. China primarily attracts business from Korean and Japanese companies, but most of them have preferred to set up their own operations in China rather than outsource, because there are not many large service providers in China, said Siddharth Pai, a partner at outsourcing consultancy firm Technology Partners InternationalÂ (TPI) in Houston, on Thursday. Many U.S. and European companies, that set up offshore services operations in India, may also have an operation in China, Pai said. â But the Indian operation will typically be the larger,â he added. China has still not overcome customersâ concerns about English language skills, intellectual property (IP) protection, and attrition in the country, Forrester said. In contrast, India has a sophisticated and time-tested legal environment built around Western common law, Pai said. Even if China invests heavily in education, the population cannot get in four to five years as fluent in English as Indians, he said. â Indians have been speaking English for over a hundred years,â he added. Indiaâs demographics also favor its continuation as a key offshore services location. On account of Chinaâs one-child-per-family policy, the countryâs population is aging. The country has about half as many people under 30 than India, Pai said. The IT industry primarily employs younger staff, he added. The IDC GDI rates the potential of cities as offshore destinations, said Chang. The actual business decision by companies to offshore to these cities will depend on a host of other factors, he added. The GDI is a moving index, reviewed every six months. âThis is not about India versus China,â Chang said. IDC expects both countriesâ offshore business to grow, he added.
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As the two sides prepare for an economic summit, the focus is on what to do about China's persistent trade surplus
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By Barna, Ed  In June, Governor James Douglas will go to China, along with representatives of the Agency of Commerce and Community Development, Vermont Global Trade Partnership, and the Vermont Chamber of Commerce.
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Representatives of China and Taiwan held talks on the possibility of allowing direct flights between the territories over the Chinese New Year holidays, an official said.
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By Jewel Gopwani, Detroit Free Press  Sep. 13--Shanghai would be less than 15 hours away nonstop if the U.S. Department of Transportation gives Northwest Airlines Inc. permission to start another route to China.