China’s investment in Germany surges

Chinese investment in Germany jumped to $10.8 billion in the first half of this year, nearly twice the total volume of the past decade, a top official with theMinistry of Commerce said. Chinese investors invested $5.9 billion in Germany from 2005 to 2015, said Yi Yang. The deputy director of the ministry’s Investment Promotion Agency made his comments during the 2016 ChinaGermany Investment and M&AForum in Kunshan, Jiangsu province. Germany is China’s biggest trade partner in Europe. Trade between the two countries exceeded $160 billion last year, accounting for one third of the total volume between China and the European Union. VadoHolding operates the Vado Reefer Terminal in northwest Italy, one of the largest reefer terminals in the Mediterranean region, with an annual handling capacity of 300,000 TEUs (20 Foot Equivalent) in addition to 600,000 pallets. expand its product range, especially SUVs and newenergy vehicles, to meet growing customer demand. percent gain for industrial production last month. Manufacturing output, the biggest component of overall industrial production, rose 0.2 percent in September, reversing its decline in the previous month. week reached 1.343 million in the September quarter, up 91,000 from the same period last year, according to Statistics Korea. It was the highest level since the reading touched 1.54 million in the third quarter of 2011.

REUTERS A visitor tries a virtual reality device at the ongoing China Import and Export Fair in Guangzhou, capital of Guangdong province.