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WSJ.com General Motors Co. announced plans Friday to cede control of its key Chinese joint venture to partner SAIC Motor Corp. alongside a push by the partners into India and other emerging markets. SAIC’s stake in Shanghai General Motors Corp. … Continue reading
WSJ – China Real Time Report Games are serious business in China. The country’s online game market will reach 41 billion yuan by 2010 ($6 billion), accounting for half the global market, according to newly released data from Cnzz.com Inc., … Continue reading
ChinaTechNews: Chinese online game and instant messaging company Tencent has published its unaudited financial report for the third quarter of 2009. According to the report, Tencent’s revenue during the third quarter was CNY3.369 billion, a year-on-year increase of 66.4% and … Continue reading
(From China Tech News) According to Telefonica, the leading telecommunications operator in the Spanish- and Portuguese-speaking world, the company has completed its stock swap with the Chinese telecom operator China Unicom. Under the agreement signed by Chang Xiaobing, chairman of … Continue reading
General Motors said on Friday that its China vehicle sales in the first nine months of this year jumped 55.6 percent from a year earlier, boosted by Beijing’s stimulus policies and boding well for record sales for the full year. … Continue reading
