The UK government has restarted the country’s long-stalled nuclear power program and French electricity giant EDF will build a new plant. The controversial decision has attracted howls of outrage from some quarters, doubly so because Chinese investors are also being allowed to participate in this landmark project. (continue reading…)
Environmental concerns are growing in China but people also concerned about the less-visible consequences of the country’s breakneck growth in recent years, such as growing inequalty and food safety.
Europe’s car industry is still stuck in reverse gear and the European market is predicted to contract for its sixth consecutive year. So why would China’s Dongfeng be interested in investing in loss-making French carmaker Peugeot? (continue reading…)
Dongfeng, China’s second biggest carmaker, may be mulling a stake in troubled French car firm PSA Peugeot Citroen, according to a Chinese state-backed newspaper.
Stranger things have happened of course and there’s no denying that Chinese has eyes on the western car industry, particularly those OEMs with prestigious brands that have fallen on hard times.