Latest Scandinavian China News

Chinese VP Visits The Danish EXPO Pavilion

Vice President Xi Jinping visited Denmark’s Pavilion at EXPO 2010 in Shanghai as part of a short tour around the EXPO site. The Commissioner General of the Danish Pavilion, Mr. Christopher Bo Bramsen greeted Vice President Xi Jinping upon arrival and took him on an exclusive tour around the Danish Pavilion. During the tour, Xi Jinping…

Geely reveals Volvo China production plans

Chinese car maker Geely plans to begin production in China of Volvo S60 cars and XC90 SUVs once it completes the purchase of the Swedish brand from US auto giant Ford. Daniel Dai, vice president of Geely Automobile revealed the firm’s plans in a discussion with Swedish business website placera.nu at Geely’s production plant in…

Swedish Pavilion at Expo Aims to StrengThen Country’s Brand

The 150 million kronor ($20.69 million) Swedish Expo budget, of which half was provided by the state and half from private enterprise, is the largest-ever investment Sweden has undertaken for a World Fair. The pavilion also hopes to strengthen a positive image of Sweden internationally, promote the competitiveness and creativity of Swedish trade and industry…

Maersk Sells Interest in Yantian Terminal, China

A.P.Moeller-Maersk sells its share of the Yantian International Container Terminal in China for USD 520 million. The sale is expected to generate an accounting gain in the order of USD 300-400 million in 2010, A.P.Moeller-Maersk wrote in a press release. »We have been involved in Yantian since the beginning, and under the leadership of Hutchison…

Carlsberg Applies to Raise Stake in Chongqing Brewery

Danish brewer Carlsberg has applied to increase its stake in China’s Chongqing Brewery Co Ltd by buying a 12.25 percent state-owned holding, Chongqing Brewery said on Friday.Anheuser-Busch InBev, the brewer of Budweiser, and China Resources Snow Breweries, a joint venture between China Resources Enterprises Ltd and SABMiller, have also applied to buy the stake, Chongqing…

Nilfisk-Advance Wins Award in China

The Danish-Chinese Business Award is offered to a Danish and Chinese company which, relatively to its size,  has achieved remarkable and innovative results in their Danish-Chinese business over a period of several years as well as during the past year,  has contributed to networking and co-operation between Danish and Chinese companies, and enjoys a good reputation…