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Weichai Power Announces 2021 Annual Results

Diversified business strengths continue to rise in operating resultsHONG KONG, Mar 31, 2022 - (ACN Newswire) - Weichai Power Company Limited ("Weichai Power" or the "Company", SEHK stock code: 2338.HK ....

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China-Belarus industrial park hailed as exemplary project

On 12 May 2015, Belarusian leader Aleksandr Lukashenko and Chinese President Xi Jinping visited the park when it was at the groundbreaking point. The project was actually still on a drawing board, but they helped to get it off the ground. In their presence, we registered the first resident companies and signed a general plan for the development of the park, Aleksandr Yaroshenko said. ....

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Truck makers turn to growing China market

Truck makers turn to growing China market
By LI FUSHENG |
China Daily |
Updated: 2020-12-14 10:09
A truck by Swedish company Scania pictured at the IAA Commercial Vehicles Fair in Hanover, Germany on Sept 19, 2018. [Photo/VCG]
International carmakers are eying China s commercial vehicle segment, as the government continues to invest in infrastructure and truckers seek comfort and better performance, said experts.
China has been the world s largest vehicle market since 2009, with passenger vehicles as the mainstay. However, their sales have been falling since 2018, due to factors including limited license plate quotas in affluent metropolises.
The coronavirus has brought total vehicle sales down this year. But commercial vehicles have been insulated from the pandemic thanks to China s continuous investment in infrastructure. ....

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