Officials of BMW and Tencent at an event to announce the partnership in Beijing on Friday. Reuters
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce BMW’s electric Mini brand and Great Wall Motor models.
Germany’s BMW will recall 360,000 vehicles in China as part of the worldwide effort to root out defective airbags made by now-defunct Japanese supplier Takata, regulators in Beijing said.
Auto sales in China fell for a 15th consecutive month in September, data from its biggest auto industry association showed, dampening hopes for a second-half turnaround in the world’s largest auto market.
"Instead of going to jewellery showrooms, they (customers) can come here directly and they can get the coins here," GoldSikka Vice President Pratap, who only gave his first name, said.
Saudi Arabia and China showcased deepening ties with a series of strategic deals on Thursday during a visit by President Xi Jinping, including one with tech giant Huawei.
The UAE was ranked first in the Arab region in the IMD World Talent Ranking (WTR 2022), and 21st globally, advancing two places. The country was ranked among the top ten in nearly 30 per cent