Renault to form JV with Brilliance in China

Renault SA (RNO.FR) said Friday that it has signed a contract with Brilliance China Automotive Holdings Ltd. 1114.HK to form a joint venture to manufacture and sell light commercial vehicles. The French car maker said the vehicles would be sold under the Jinbei, Renault and Huasong brands with ...


China foreign direct investment up 90.7% in Nov.

BEIJING--Foreign direct investment in China surged 90.7% from a year earlier in November to 124.9 billion yuan ($18.9 billion), the Ministry of Commerce said in a statement Thursday. FDI was more than double October's 60.12 billion yuan, which was 5% higher from a year earlier. China attracted ...


China's housing sales rebound in November

BEIJING -- China's housing sales rebounded in November after a brief slowdown. Housing sales by value in November rose 12.4% from a year earlier, according to calculations made by The Wall Street Journal based on National Bureau of Statistics data released Thursday. That compared with a 3.4% ...


China Nov. industrial output rises 6.1% on year

BEIJING--Growth in China's industrial output decelerated for a second straight month in November as Beijing continued efforts to curb pollution and cut back on fiscal spending. Value-added industrial output, a rough proxy for economic growth, rose 6.1% in November from a year earlier, compared ...

MarketWatch stock rises after Stifel resumes coverage with a buy

Shares of rose 1% in premarket trading Wednesday after analysts at Stifel resumed coverage of the stock with a buy rating. In a note entitled "one big market, two big winners," the analysts, led by Scott Devitt, argued that there's room for both and Alibaba Group Holding to ...


Amazon opens second cloud-computing center in China

China is the only country outside the U.S. in which Amazon operates two such Inc. opened a second cloud-computing data-center complex in China on Tuesday, underlining the importance of the market to its cloud-computing unit, Amazon Web Services.


German engineering revs up, juiced by China demand

FRANKFURT--Germany's engineering sector is humming with turnover likely to hit a record high this year due to strong Chinese orders, Germany's VMDA industry group said Tuesday. "Plants and machinery Made-in-Germany remain in demand, globally," said Carl Martin Welcker, the president of the VDMA, ...


Chinese banks surprise with a step-up in lending

BEIJING--Chinese banks issued 1.12 trillion yuan ($169.3 billion) of new yuan loans in November, up from 663.2 billion yuan in October and above economists' expectations, data from the People's Bank of China showed on Monday.

Top Stories