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Chinese automakers Geely and BAIC last week both admitted they were interested in acquiring Western car brands, but foreign analysts doubt the ability of Chinese automakers to manage GM and Ford discards. "Getting involved in European companies is likely to bring a complexity of personnel managem...

* Chinese too ambitious, chasing brand, technology - experts * Inexperience would make it tough to handle Western buys * Chinese must also overcome political hurdles * Japanese, in contrast, grew organically SHANGHAI, Sept 10...

Chinese heavy machinery company Tengzhong takes a big risk acquiring the Hummer brand...

Sichuan Tengzhong Heavy Industrial Machinery Co Ltd, the Chinese machinery company that reached a preliminary deal with General Motors Corp (GM) to take over its Hummer brand, said on Wednesday that it will not set up a plant in China to build large SUV and pickup trucks under the famous brand,...

Li Ning Co Ltd<2331>, A Chinese sports brand giant, yesterday published its annual report for 2008, which shows profit reaching RMB 721 million, jumping 52.29% from one year earlier, sources reported.The company realized RMB 6.69 billion in sales revenue in 2008, up 53.8% year on year. The sales of products...