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Volvo Looks To Expand Market Presence In China

2021-01-01T19:50:05Z

RosemaryWarren:

The Swedish car brand Volvo recently announced that it will invest over US$10 billion in the emerging Chinese market and [https://www.kynghidongduong.vn/tours/tour-trung-quoc-huu-nghi-quan-nam-ninh-que-lam-4-ngay.html Tour Quế Lâm từ Hà Nội] build up more factories to reach a higher sales target in the next five years. As a foreign brand acquired by the Chinese auto company Zhejiang Geely Holding Group last year, Volvo did not present a very desirable sales record in 2010. Under new ownership, the company is hoping to raise the total sales in China from last year's 39,000 to 200,000 vehicles by 2015. It also disclosed the plan to increase the amount of dealerships from the current 106 to 220 in next five years. (adsbygoogle = window.adsbygoogle || []).push(); Volvo hopes to benefit from its new Chinese owner while selecting the new locations for its manufacturing plant. The company plans to locate one of its future factories in Chongqing, where Geely also has a plant [http://www.travelpod.com/s/established established]. The two brands will be sharing manufacturing services, including infrastructure and logistics. Another new Volvo factory will stand [https://www.kynghidongduong.vn/tours/tour-trung-quoc-huu-nghi-quan-nam-ninh-que-lam-4-ngay.html kynghidongduong.vn] in Daqing, a city of Heilongjiang Province in Northeastern China. Although enjoying a number of benefits by being a Chinese company in the Chinese market, Volvo CEO Stefan Jacoby told CNN in an interview that the brand images of Volvo and Geely have little in common. Both Jacoby and Geely's board chairman Li Shufu agree that the two car brands target different customer groups. While Geely is designed for the low-end market, Volvo defines itself as a luxury brand with major competitors such as BMW, Audi and Mercedes. Seeing China surpass the United States to become the biggest auto market by sales in 2009, and realize another 33 percent increase in car sales to 13.7 million vehicles in 2010, Jacoby admitted that Volvo has lost the early-bird advantage in China. However, he hopes the pairing of the famous European company and the young upstart Chinese brand can help Volvo catch up in the competitive, yet profitable market. This article was written for 2point6billion.com, an India and [ ] about politics, current affairs and [ ] and India. The site was established by [ ]. (adsbygoogle = window.adsbygoogle || []).push();

Today In History June 10

2020-12-30T19:28:49Z

RosemaryWarren:

HIGHLIGHTS IN HISTORY ON THIS DATE 1190 - Holy Roman Emperor Frederick Barbarossa drowns trying to cross the Saleph River in Cilicia (now in Turkey) while on the Third Crusade to free Jerusalem. 1793 - First public zoo, the Jardin des Plantes, opens in Paris. 1794 - Power of French revolutionary tribunals is increased, leading to mass executions. 1835 - Formation of Australia's first political party, the Australian Patriotic Party. 1865 - The first performance of Richard Wagner's opera Tristan and Isolde takes place in Munich. 1838 - At least 28 unarmed Aboriginals are killed at Myall Creek, in central NSW, by a group of stockmen. Seven men are later found guilty and hanged for the massacre. 1906 - Death of Richard John Seddon, prime minister of New Zealand (1893-1906). 1908 - Australia's federal parliament passes the Invalid and Old-Age Pensions Act, offering means-tested financial support to the elderly and infirm. 1917 - Sinn Fein riots break out in Dublin. 1933 - Australian Women's Weekly is first published. 1935 - Alcoholics Anonymous is founded in Akron, Ohio, by William G Wilson and Dr Robert Smith. 1940 - Italy enters World War II against France and Britain as Germany's ally. 1941 - Recruiting begins for the Torres Strait Defence Force. 1943 - Hungarian journalist Laszlo Biro patents his ball-point pen. 1944 - Nazi troops massacre nearly all the residents of Oradour-sur-Glane, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-huu-nghi-quan-nam-ninh-que-lam-4-ngay.html kynghidongduong.vn] France, in a reprisal against the French resistance movement. The last Japanese aircraft is shot down by the RAAF in the New Guinea campaign. 1960 - Fokker Friendship crashes at Mackay, north Queensland, killing 29. 1977 - James Earl Ray, the convicted assassin of civil rights leader Martin Luther King Jr, escapes from prison in Tennessee with six others. He is recaptured three days later. 1988 - Riot police in South Korea block thousands of students trying to march to North Korea for reunification talks. 1989 - China and Taiwan open direct telephone links; 1000 students are arrested after students battle riot police in demand for overthrow of South Korean President Roh Tae-woo. 1991 - Iraqi troops begin attacking Shi'ite Muslims in southern Iraq who rebelled after Gulf War. 1993 - Scientists announce they have extracted genetic material from the preserved remains of an insect that lived when dinosaurs roamed the earth. 1994 - In one incident of the Rwandan genocide, Hutu militiamen massacre 170 people hiding in a Roman Catholic church. 1996 - Australian swimmer Susie Maroney claims record by swimming from Cuba to the US in 37 hours, despite falling short of land. 1997 - Top Khmer Rouge lieutenant Son Sen and his family are executed on the orders of leader Pol Pot. 1998 - President Nursultan Nazarbayev formally opens Kazakhstan's new capital city Astana. 1999 - Yugoslav troops begin pulling out of Kosovo and [https://www.kynghidongduong.vn/tours/tour-trung-quoc-huu-nghi-quan-nam-ninh-que-lam-4-ngay.html tour du lịch quế lâm] NATO suspends its punishing 78-day air war. 2001 - Media baron Silvio Berlusconi becomes Italy's prime minister for the second time after his party wins 30 per cent of the vote, more than any other party. His government is Italy's 59th since World War II. 2002 - India reopens its airspace to Pakistani commercial flights, in the first signs that it is ready to ease the standoff over the border shared by the two nations in Kashmir. 2003 - Former Lebanon hostage Terry Waite, 64, who was chained to the wall of a [http://www.theepochtimes.com/n3/search/?q=Beirut%20cell Beirut cell] for nearly five years, agrees to spend a day in a British prison to raise money for charity. 2004 - Ray Charles, who overcame poverty, blindness and heroin addiction to become one of America's most beloved entertainers and to be hailed as The Father of Soul, dies aged 73. 2005 - Some 117 people, most of them children, drown when a flash flood sweeps through a primary school in China's northeastern Heilongjiang province. 2006 - Three Guantanamo Bay detainees hang themselves, the first reported deaths among the hundreds of men held at the base in Cuba on suspicion of links to al-Qaeda and the Taliban. 2008 - The chief of Saddam Hussein's tribal clan is killed by a bomb glued to the undercarriage of his car. 2010 - Pope Benedict XVI strongly defends celibacy for priests as a sign of faith in an increasingly secular world during a rally that draws some 15,000 priests from around the world to Rome. 2011 - In a stern rebuke, US Defence Secretary Robert Gates warns that the future of the historic NATO military alliance is at risk because of European penny-pinching and distaste for front-line combat and says the US won't carry the alliance as a charity case. 2012 - Opposition leader Henri Capriles marches through the Venezuelan capital of Caracas accompanied by hundreds of thousands of supporters as he formally launches his campaign to run against President Hugo Chavez. 2013 - Bombs explode across Iraq, killing at least 70 people. 2014 - Jihadist followers of the al-Qaeda splinter group ISIL (the Islamic State of Iraq and the Levant) seize Mosul, Iraq's second largest city, in a spectacular blow to the Shi'ite-led government of Nuri al-Maliki. Australia Post announces it will cut 900 jobs over the next year. 2016 - Mourners line the streets of Muhammad Ali's hometown of Louisville to farewell the boxing great who died aged 74. 2017 - New security measures are announced for Melbourne's CBD to combat the threat of terrorism, including temporary bollards at some of the city's most crowded places. 2018 - Perth's "grand old lady" Princess Margaret Hospital closes after 109 years as sick children are moved without a hitch to the newly opened Perth's Children's Hospital. 2019 - Hong Kong leader Carrie Lam refuses to back down on controversial extradition laws and is accused as a "puppet" for Beijing by the pro-democracy movement. Today's Birthdays: Gustave Courbet, French artist (1819-1877); Nikolaus August Otto, German developer of internal combustion engine (1832-1891); Henry Stanley, English explorer (1840-1904); Lang Hancock, Australian mining magnate (1909-1992); Saul Bellow, US novelist and Nobel laureate (1915-2005); Britain's Prince Philip (1921-); Judy Garland, US singer-actor (1922-1969); Robert Maxwell, Czech-born British media tycoon (1923-1991); Maurice Sendak, author of Where The Wild Things Are (1928-2012); Ian McCahon Sinclair, Australian politician (1929-); David Walker, Australian racing driver (1941-); Tony Mundine, Australian boxer (1951-); John Edwards, American politician and lawyer (1953-); Jeanne Tripplehorn, US actor (1963-); Tony Martin, New Zealand comedian (1964-); Elizabeth Hurley, British actress (1965-); Justin Eveson, Australian Paralympic athlete (1970-); Kyle Sandilands, Australian radio host (1971-); Faith Evans, US singer (1973-); Tara Lipinski, US Olympic champion ice skater (1982-); Kate Upton, US model and actress (1992-). Thought for Today: History is worth reading when it tells us truly what the attitude toward life was in the past - Dorothy Canfield Fisher, American author (1879-1958).

Wuhan To Test Entire Population After New Virus Cluster: State Media

2020-12-30T11:39:52Z

RosemaryWarren: Created page with "The planned tests come after Wuhan reported the first cluster of new COVID-19 infections since the city re-opened after a 76-day lockdown on April 8 Wuhan plans to conduct..."

The planned tests come after Wuhan reported the first cluster of new COVID-19 infections since the city re-opened after a 76-day lockdown on April 8 Wuhan plans to conduct coronavirus tests on the Chinese city's entire population after new cases emerged for the first time in weeks in the cradle of the global pandemic, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-huu-nghi-quan-nam-ninh-que-lam-4-ngay.html tour du lịch quế lâm] state media reported Tuesday. Officials have been ordered to submit by noon on Tuesday plans to administer nucleic acid tests on all residents in the city of 11 million people, according to an official notice carried by news outlets. "Each district should make plans and arrangements to conduct nucleic acid tests on the entire population in its jurisdiction within a 10-day time limit," the notice said, although it was unclear when testing would begin. The plan come after Wuhan reported the first cluster of new COVID-19 infections since the city re-opened after a 76-day lockdown on April 8. Six new cases were reported on Sunday and Monday from a residential compound in Dongxihu District. But an official from the Dongxihu District epidemic prevention and control commanding office told AFP that they have "not yet received news about this notice". Wu Zunyou, chief epidemiologist at the [http://answers.yahoo.com/search/search_result?p=Chinese&submit-go=Search+Y!+Answers Chinese] Center for Disease Control and Prevention, told state broadcaster CCTV it was "not necessary" for every person in Wuhan to be tested. "Neighbourhoods without any cases don't need to screen every person," Wu said, while large-scale screening should focus on "key jobs" and other criteria. China has largely brought the virus under control, but it has been on edge about being hit by a second wave as it has lifted lockdowns and [https://www.kynghidongduong.vn/tours/tour-trung-quoc-huu-nghi-quan-nam-ninh-que-lam-4-ngay.html tour du lịch quế lâm] restrictions across the country. Virus clusters have appeared recent weeks in the northeastern provinces of Jilin and [https://www.kynghidongduong.vn/tours/tour-trung-quoc-huu-nghi-quan-nam-ninh-que-lam-4-ngay.html kynghidongduong.vn] Heilongjiang, which border Russia. With the virus taking hold in other nations, China has barred most foreigners from entering the country. Wuhan has reported 3,869 deaths since the novel coronavirus first emerged there in December, accounting for most fatalities in China. Scientists believe the virus jumped from animals to humans at a market that sold wildlife in the city.

User:RosemaryWarren

2020-12-30T11:39:36Z

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