According to a media report from China, the FAW-Volkswagen joint venture apparently has plans underway to commence the production of the Audi e-tron electric car for the Chinese market from 2020.

Chinese government has announced reduction in reserve ratio for banks to the lowest level since year 2007. China is facing decline in consumption in the domestic market.

Mercedes-Benz Energy and Beijing Electric Vehicle (BJEV) have announced a partnership for developing Second Life battery storage systems in China.

President Trump backed down on his tariffs increase on Chinese goods as the stock markets plunged. As the treasury yields turned negative, stock markets witnessed strong selling. Investors panicked and this led President Trump to have a conversation with banking leaders on the issue.

This year the star-studded International Indian Film Academy (IIFA) has chosen Macau, China, for its awards being held from 11th June to 13th June, 2009.

IIFA’s 10 successful years of existence are a proof of the integrity and the distinct place that it enjoys in the Indian film industry.

The organizers of the tenth edition of IIFA said that the event will take place at the Venetian Macao Resort Hotel at Macau.

The announcement was made in front of IIFA brand ambassador, Amitabh Bachchan and government representatives of Macau.

Beijing, Apr. 30 : The Chinese government has rejected as "groundless" foreign reports labeling the country as the origin of the swine flu outbreak.

According to the reports, dead pigs found in Fuqing, Fujian province, might be the source of the outbreak in Mexico, but China’s Ministry of Agriculture (MOA) said the pigs died of swine dysentery and dropsy.

It said China has not exported live pigs to Mexico or the United States, so the country can''t be the origin of the deadly disease.

No human cases of swine flu have been found in China, nor has the virus been found in pigs, the China Daily quoted the ministry as saying.