Volvo Cars, the Swedish automaker which is owned by China s Zhejiang Geely Holding Group Co, is reportedly finishing plans for an initial public offering (IPO) that could value the carmaker at $25 billion, a huge jump from its value 10 years ago when it was sold by Ford Motor for only $1.8 billion.
2021-07-20 09:45 By: Xinhua
Aerial photo taken on Nov. 19, 2020 shows a cargo ship leaving a berth of the Qinzhou Port in south China s Guangxi Zhuang Autonomous Region. (Xinhua/Zhang Ailin)
BEIJING, July 19 (Xinhua) This year marks the 30th anniversary of China-ASEAN Dialogue Relations. China-ASEAN relationship has grown into the most successful and vibrant model for cooperation in the Asia-Pacific and an exemplary effort in building a community with a shared future for mankind, Chinese President Xi Jinping said in 2020.
China, which established a dialogue relationship with ASEAN in 1991, was the first to ink the Treaty of Amity and Cooperation in Southeast Asia, the first to become ASEAN s strategic partner and the first to start free trade area negotiations with ASEAN.