Guangzhou Port:Cargo throughput in Guangzhou’s port rose 10% in the first half, boosted by trade with Belt and Road Initiative countries. Container throughput of 10.159 million TEUs rose 9.6%. Read more
Evergrande Powertrains:China Evergrande Group will join hands with Germany’s Hofer to produce electric powertrain systems as the Shenzhen firm doubles down on developing New Energy Vehicles. Read more.
Gree’s Glee:Zhuhai’s Gree Electric Appliances has led the global household air-conditioner market for 14 consecutive years, earning a 20.6% global market share in 2018 and outstripping second-ranked Midea Group (from Foshan). Read more.