China’s Buffett-backed BYD raising $220M
Chinese car and battery maker BYD Co. is raising 1.42 billion yuan in a share offering aimed at raising cash for a major expansion.

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Chery Motors: A new beginning for the next best thing
FILIPINOS are not afraid to try new things nor are they daunted by change; this is what drives Chery Motors Philippines, Inc. (CMPI), the exclusive Philippine distributor of Chery Automobiles to take a step further in re-energizing and revivifying Chery, a China made brand, in the Philippines as the next best thing. Chery Automobile Co. Ltd started in 1997 and is now the largest independent …

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Buffett-backed BYD lowers China IPO to $271m
SHANGHAI – CHINESE car maker BYD, backed by US billionaire Warren Buffett, said it would seek to raise a smaller-than-expected 1.4 billion yuan (S$270.7 million) in its initial public offering (IPO). The company, which plans to issue up to 79 million A shares before listing on the stock exchange of the southern Chinese city of Shenzen, set an IPO price of 18 yuan per share, according to a …

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Lead Output Drops in China as Pollution Shuts Battery Firms
Lead production in China, the world’s largest, may extend a decline as inventories reach a record and battery makers close plants in response to a government crackdown on pollution.

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Ford Asia chief says small cars on way to China, India
Ford Asia chief says small cars on way to China, IndiaFord Asia chief says small cars on way to China, India

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China’s May consumer inflation at near 3-year high
China’s politically sensitive inflation rate hit its highest level in nearly three years in May, the government said Tuesday, despite persistent official efforts to tame food and property costs.

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China’s inflation rate hits three-year high
China’s politically sensitive inflation rate hit its highest level in nearly three years in May, the government says, despite persistent official efforts to tame food and property costs.

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