China-US companies' deals signed during Trump's visit to China
chinadaily.com.cn |
Updated: 2017-11-13 11:12
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Automotive:
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| Workers assemble cars at a Zotye International Automobile Trading plant in Hangzhou, Zhejiang province, Jan 18, 2016. [Photo/VCG] |
Ford Motor and China's Anhui Zotye Automobile have agreed to invest a combined $756 million to set up a 50-50 joint venture in China to build electric passenger vehicles.
Xuzhou Handler Special Vehicle and Terex Utilities Inc signed a co-production agreement, where the two companies will work together to produce 5,000 insulated aerial devices within the next five years with sales totaling 5 billion yuan.
The Digit Group signed three contracts worth a combined $1.9 billion, including a smart cities transportation solution memorandum of understanding with Foton Motor.
