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Chinese authorities say they have been working with the US Department of Homeland Security to curb illegal trafficking in counterfeit goods [Xinhua].
The 122nd Canton Fair recorded the highest number of buyers and deals in the past four years, said the Ministry of Commerce on Thursday.
Mintel is forecasting that online spending in China will reach 45.7 percent of total per capita retail spend in 2017, as the country continues to undergo a “fundamental shift” in the way consumers shop.
French automotive parts manufacturer Faurecia has signed a joint venture with pioneering Chinese electric vehicle OEM, BYD.
Leather chemicals manufacturer Stahl has officially started construction of its new Centre of Excellence in Suzhou, China. The facility will focus on performance coatings, primarily for the automotive industry.