Zhejiang Geely Holding Group, the parent company of Volvo Car Corp and Geely Automobile Holding Ltd, said on Wednesday that it will establish a research and development center in Gothenburg, Sweden.
The center will develop modular-architecture designs and sets of components for C-segment cars, addressing the needs of both Volvo and Geely, and leveraging Volvo's technological know-how, it said.
China Investment Corp, the country's sovereign wealth fund, has invested in the pre-IPO of the Moscow Exchange, the fund's chairman said on Sunday.
Zhejiang Geely Holding Group Co has finalized the acquisition for $17.46 million of London's Manganese Bronze Holdings.
Despite operational issues such as cultural differences and high cost of personnel, Chinese investors generally see the European Union as being open to foreign investment, and are willing to increase investment there, a survey has found.
Released by the EU Chamber of Commerce in China on Thursday, it found that Chinese investors consider Europe's business environment to be less welcoming compared with Africa, the Middle East and Latin America, but more welcoming than North America and Southeast Asia.
Chinese companies are optimistic about investing in Europe even though the continent is still struggling with the sovereign-debt crisis, a survey showed Thursday.
Chinese food company Wahaha Group Co Ltd said on Wednesday it will enter a partnership with the English Premier League soccer club Manchester United.
Litex Motors Corporation, a joint venture of the Chinese private automaker Great Wall Motors won Bulgaria's award "Investor of the Year 2012".
China Ocean Shipping (Group) Co, the country's largest State-owned shipping conglomerate, is considering acquiring a 60 percent stake in Greece's largest port, which is at Piraeus, according to media reports on Monday.
The amount of the deal could reach 1 billion euros ($1.33 billion), according to a Reuters report, which said that COSCO plans to present the investment proposal after Athens decides what procedures it will follow on the privatization of its two largest ports in Piraeus and Thessaloniki.
Chinese companies have achieved an "explosive" growth in Britain and trade between the two countries is increasing rapidly, participants of the annual meeting of the China Enterprises Association in Britain (CEAB) held in London agreed on Friday.
China Road and Bridge Corporation inked a Pre-Contract Agreement on Friday to build two regional highways Serbia.
China Investment Corp, the country's sovereign wealth fund, is reported to be among a trio of Asian investors vying to buy an 800 million pound ($1.3 billion) London office complex, in what could become the latest in an increasing number of international property deals by Chinese buyers.
According to the Financial Times, citing unnamed resources, the deal would be the United Kingdom's highest value property deal since the start of the financial crisis.
Beijing based Chinese Construction Communication Company International will participate in reconstruction of Serbian railways.
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