Beijing Business News

U.S. automaker Ford Motor Co. and Geely reached a key agreement in negotiations for the Chinese automaker to acquire the Volvo brand, a Geely spokesman said. A Geely spokesman in China said the automaker had reached a key agreement with...

China faces a protectionist backlash next year because its manufacturers are saddled with overcapacity and are disposing of its excess output on world markets, the European Union Chamber of Commerce in China said Thursday. Jörg Wuttke, the head of the...

Wal-Mart Stores Inc's demand for rock-bottom prices from suppliers in China means some of these companies are forcing their employees to work in sweatshop-like conditions, a new report said on Wednesday. China Labour Watch said Wal-Mart, which also operates more...

The world’s largest producer of the pungent bulbs, China has seen wholesale prices rocket as much as 15-fold since March in large cities such as Beijing, forced up in part by a combination of reduced acreage being planted by local...

The Commerce Department said Tuesday it made a "final determination" to impose tariffs of between 10.36 percent and 15.78 percent following a probe on imports from China of "oil country tubular goods." They are steel pipes used to deliver oil...

The Chinese regime has always taken its high gross domestic product (GDP) growth rates as evidence of its success. Sure, GDP growth rate is one of the indices to measure a country’s economic development, and government policies can indeed affect...

U.S. and European officials have also pressed their banks to shore up their finances in recent months, but the reasons behind the Chinese regulators’ capital-raising push are very different. In some ways, the regulatory pressure reflects the robustness of the...

General Motors has finalized a deal to sell its iconic Hummer brand to Chinese heavy-equipment maker Sichuan Tengzhong Heavy Industrial Machinery Co. The deal will save 150 Hummer dealerships and 3,000 American jobs, execs say. The vehicles will be assembled...