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DW Business February 11, 2020



and its drone versus drone will take you to a competition in rwanda to find the best rescue drone for rural regions. this is your business report i m stephen beard s in berlin thanks for watching china is racing to offset the economic strain from the outbreak of a new coronavirus the central government has already freed up tens of billions of dollars worth of government stimulus cities like shanghai are cutting loan rates and increasing lending businesses are now snapping up that cheap credit suggesting the need remains significant. cities virtually deserted shops closed transport links at a minimum customers nowhere to be seen. with economic activity at a standstill in many parts of china hundreds of businesses are now seeking billions in loans to keep them afloat. banking sources in beijing have told reuters that around $300.00 chinese companies have sought loans worth more than $8000000000.00 u.s. dollars to try and soften the impact of the crisis that comes at a tim ....

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DW Business - News February 26, 2018

Heres a look at a man who has turned the chinese car industry upside down. Its a rags to riches tale the son of a rice farmer genies found early shoe food is chinas tenth richest man according to Forbes Magazine the fifty four year old started out with a refrigerator pants factory in the one nine hundred eighty s. Back then though the sector was strictly state run inevitably also richies shut these factories down but by then lee had already made a small fortune and so he simply switched industries producing first motor bikes and then cars as lee himself said all you needed for a car were four wheels and two sofas an insight that for several years reflected the quality of his vehicles but just two decades later he was selling around one point two million cars a year in china making it the nations knowledge as to independent car maker in two thousand and ten lead bought up struggling automaker volvo from ford even floored money int ....

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Magna Prima acquires remaining stake in Magna Ecocity for RM45.6mil

KUALA LUMPUR: Magna Prima Bhd has inked a sale and purchase agreement to acquire the remaining 30 per cent equity interest of the issued share capital in Magna Ecocity Sdn Bhd for RM45.58 million. ....

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