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Toyota strikes first-ever hybrid parts sharing deal in China
Toyota said Thursday it plans to develop components for hybrid vehicles with two Chinese automakers, in an unprecedented technology-sharing deal aimed at boosting green car sales in the world's largest vehicle market. ... more
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India, Vietnam agree on more South China Sea oil development
India and Vietnam have agreed to expand oil exploration projects in the disputed South China Sea. ... more
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Nissan says struggling to satisfy China growth
The new executive in charge of Nissan's key China business said Thursday that the number-two Japanese automaker was struggling to catch up with soaring sales in the world's biggest vehicle market. ... more
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Serbia signs power plant deal with China
Serbia and China signed on Wednesday a $716 million- (529.5 million euros) deal to build a new coal-fired power plant unit and expand coal mining, officials said. ... more
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