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02/22/2012

Chinese City Severs Ties After Japanese Mayor Denies Massacre

The Chinese city of Nanjing has suspended its sister-city relationship with Nagoya in Japan after the Japanese city’s mayor expressed doubts that the Japanese army’s 1937 Nanjing Massacre actually took place, the Nagoya City Hall said on Wednesday.   The falling out began on Monday, when Nagoya’s mayor, Takashi Kawamura, told a visiting delegation of [...]

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02/22/2012

Apple Defends Use Of IPad Name In Chinese Court

Apple defended its right to use the iPad trademark in China in a heated court hearing Wednesday that pitted the electronics giant against a struggling company that denies it sold the mainland China rights to the tablet's name.   Shenzhen Proview Technology's lawyer Xie Xianghui argued that the sale of the iPad trademark to Apple [...]

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02/22/2012

China’s Great Wall opens first EU car plant

Chinese automaker Great Wall Motor Co Ltd opened its first European factory on Tuesday as part of its strategy to lift sales in the region.   The plant in the Bulgarian town of Lovech will assemble 50,000 units of Great Wall's Hover SUV, Steed pick-up and Voleex city car models and employ 2,000 people when [...]

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02/22/2012

Alibaba.com Jumps Most in 4 Years on $2.5 Billion Buyout Bid

Alibaba.com Ltd., China’s biggest corporate e-commerce site, jumped the most in more than four years after its parent company bid as much as HK$19.6 billion ($2.5 billion) to buy out minority shareholders.   Alibaba Group Holding Ltd., run by billionaire Jack Ma, offered HK$13.50 a share for the 27 percent it doesn’t already own in [...]

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