Chinese

The following articles have been tagged with "Chinese":

Geely secures Volvo purchase finance

Business & Money: 10 Mar 10
Chinese car maker Zheijiang Geely Holding Group is a step closer to becoming the new owner of Swedish firm Volvo Cars after announcing that it had secured the 15 billion kronor ($2.1 billion) in financing. READ »

China rejects spy case findings

National: 9 Mar 10
China has strongly denied allegations that it illegally gathered information on members of the Uighur community after a Swedish court jailed a man for spying. READ »

Pensioner jailed for spying on Uighurs

National: 8 Mar 10
A 62-year-old Uighur living in Sweden as a political refugee since 1997 has been found guilty of spying for China on Uighur expatriates and sentenced to a year and four months in jail. READ »

Saab suppliers recall redundancy notices

National: 24 Feb 10
The completion of the purchase of Saab by Dutch firm Spyker has led to several subcontractors withdrawing notices of redundancy. READ »

Stockholm 'one of Europe's richest regions'

Business & Money: 18 Feb 10
The Stockholm area is one of the ten richest regions in the European Union, according to new figures from Eurostat, the EU's statistics agency. READ »

'Volvo production to remain in Sweden': Geely

Business & Money: 1 Feb 10
Chinese car maker Geely has declared its intention to keep Volvo production in Sweden after completing the purchase of the company from US auto giant Ford, saying that it wants to protect Volvo's brand image. READ »

Fifth of Swedish population foreign

National: 29 Jan 10
Latest figures from Statistics Sweden reveal that in the last 50 years the number of foreigners living in Sweden or people with two foreign-born parents has risen from four to nearly 20 percent. READ »

Saab enters new era

Business & Money: 26 Jan 10
Saab Automobile has been rescued from extinction as owner General Motors agrees to sell the iconic Swedish brand to Dutch sports car maker Spyker. READ »

Geely to make 300,000 Volvos a year in China

Business & Money: 26 Jan 10
Geely aims to manufacture 300,000 cars a year in China, but intends to keep Volvo’s Swedish operations intact, according to plans the company has presented to Chinese authorities. READ »

Spyker boss to Sweden over Saab future

National: 23 Jan 10
Negotiations between General Motors and Dutch luxury car maker Spyker over the future of Saab were believed to have moved to Stockholm on Friday, with media reports stating Spyker CEO Victor Muller paid a visit to the capital. READ »

Geely seeks to allay Volvo tech theft fears

Business & Money: 20 Jan 10
As China’s Geely Group prepares to purchase Volvo Cars, suppliers and unions have expressed concerns about unauthorized copying of the Swedish carmaker’s technology. READ »

Swedish TV show probes growth of English

Analysis & Opinion: 20 Jan 10
Where did the English language come from? Why has it become the world’s most widespread means of communication? What will happen in the future? Keith Foster, host of a new Swedish TV series, travels the world in search of answers. READ »

Ericsson seals TeliaSonera 4G deal

Science & Technology: 13 Jan 10
Swedish telecoms equipment maker Ericsson has secured a deal to supply TeliaSonera's new high speed 4G network in Sweden and Norway. READ »

Volvo's future with Geely 'bright': Ford head

National: 13 Jan 10
Volvo Cars is set to thrive under new management after Ford completes the sale of its Swedish brand to Chinese automaker Geely, Ford CEO Alan Mulally said Tuesday. READ »

Last-ditch Swedish effort to save Saab

National: 10 Jan 10
The Swedish Government has evidently not given up hope that the ailing Swedish-based Saab Automobile can be saved, as a delegation makes its way to General Motors headquarters in Detroit. READ »

Expansion plans for Volvo production in China

National: 9 Jan 10
Chinese carmaker Geely, which is poised to acquire Swedish auto brand Volvo from US giant Ford, plans to expand the production of Volvo cars in China, according to media reports. READ »

Saab can still be sold: General Motors

National: 9 Jan 10
General Motors announced on Friday it had begun "an orderly wind-down" of its Swedish unit Saab, but would consider any late proposals for the brand, in a move drawing protests from Sweden. READ »

GM begins official Saab wind-down

National: 8 Jan 10
General Motors have taken the decision to start official proceedings to wind down the Saab Automobile organisation in Trollhättan. READ »

Deal to save Saab unlikely: GM head

Business & Money: 7 Jan 10
The CEO of General Motors expressed doubts on Wednesday about the likelihood of a last-minute deal to save Saab Automobile from being shut down. READ »

China to back Geely purchase of Volvo

Business & Money: 31 Dec 09
Geely Automobile's executive director has said it will look at ways to collaborate with Volvo once its parent group completes the acquisition of Ford's Swedish unit, adding that the deal had the backing of the Chinese government. READ »

Geely to run Volvo as an independent brand

Business & Money: 26 Dec 09
Volvo will remain intact if Chinese carmaker is successful in its bid to purchase the Swedish brand from US auto manufacturer Ford, according to Geely's top executive, who was quoted by the state-run Chinese media on Friday. READ »

Swedish media sceptical over Volvo sale to Geely

National: 25 Dec 09
Ford's Wednesday announcement that it would sell its Swedish auto brand Volvo to China's Geely met a chilly reception in the Swedish media this week. READ »

Cross-party support for Volvo deal

National: 23 Dec 09
Enterprise Minster Maud Olofsson was joined by leading Social Democrats on Wednesday in welcoming a deal over the sale of Volvo Cars to China's Geely. But labour group Unionen expressed concern for the future of the Swedish marque. READ »

China's Geely: from fridge parts to car giant

Business & Money: 23 Dec 09
The Geely group, which US auto giant Ford said Wednesday had agreed to terms for buying its Swedish brand Volvo, began as a refrigerator parts supplier but, in just two decades, has grown into one of China's largest private carmakers. READ »

Ford confirms Volvo sale agreement

Business & Money: 23 Dec 09
US auto giant Ford confirmed late on Wednesday morning that an agreement has been reached to sell Volvo Cars to Zhejiang Geely Holding. READ »

Geely expected to close Volvo deal

National: 23 Dec 09
In what has been a tumultuous month for the Swedish auto industry, Chinese carmaker Zhejiang Geely Holding could close a deal with American Ford on Wednesday for the purchase of Volvo cars. READ »

GM set to wind down Saab

National: 18 Dec 09
US car maker General Motors is to shut down Saab as talks collapse with Dutch sportscar manufacturer Spyker over the acquisition of GM's Swedish unit. READ »

Chinese firm beats Ericsson to 4G deal

Business & Money: 18 Dec 09
Ericsson's Chinese competitor Huawei has made deep inroads into the Swedish company's home turf after securing a deal to deliver a major 4G network in Sweden. READ »

Pensioner indicted over China spy scandal

National: 15 Dec 09
A 61-year-old pensioner has been indicted in Stockholm on charges of spying on behalf of the Chinese government. READ »

Spyker lined up to buy Saab: GM

National: 15 Dec 09
General Motors has revealed that Dutch sportscar maker Spyker is the only firm in the running for the acquisition of Saab Automobile. READ »

BAIC deal allows Saab to operate through first quarter: report

Business & Money: 15 Dec 09
Saab Automobile reportedly received 1.4 billion kronor ($200 million) from China’s Beijing Automotive Industry Holding Co. in exchange for access to some of the Swedish automaker’s technology. READ »

BAIC confirms purchase of Saab assets

Business & Money: 14 Dec 09
Beijing Automotive Industry Holding Co. of China confirmed on Monday it has reached an agreement with Saab Automobile to buy the intellectual property rights for certain assets of the struggling Swedish carmaker. READ »

Former Volvo directors oppose Chinese sale

Business & Money: 12 Dec 09
Chinese automaker Geely is not a suitable owner of Volvo Cars, according to eight former Volvo directors. But Volvo Cars management has dismissed the opposition to the deal as bordering on xenophobia. READ »

Volvo suitor Geely resumes trading

Business & Money: 8 Dec 09
Chinese automaker Geely resumed trading of its Hong Kong-listed shares on Tuesday afternoon following confirmation of strong sales figures announced on Monday. READ »

Geely halts trading in wake of Volvo comments

Business & Money: 8 Dec 09
Chinese automaker Geely suspended trading of its Hong Kong-listed shares on Tuesday to clarify statements it made about Volvo Cars the previous day. READ »

Jakob group 'ready to bid' for Volvo Cars

Business & Money: 7 Dec 09
The Swedish consortium Jakob said on Monday it is ready to buy Volvo Cars if the opportunity arises. READ »

PUB yanks North Korean jeans due to concerns over labour conditions

National: 6 Dec 09
On Saturday, PUB department store in Stockholm put a stop to the sale of the first jeans to come out of North Korea due to concern about working conditions in the communist country. READ »

Markets absorbed by probiotic Swedish tampons

Science & Technology: 3 Dec 09
Shares in a Swedish biotech firm soared on Wednesday on news that the company had inked a distribution deal in China for its tampons “bathed in human lactic acid bacteria”. READ »

Sweden hails month- long Saab reprieve

National: 2 Dec 09
Union and government representatives in Sweden welcomed the Tuesday announcement by General Motors that the company was exploring "expressions of interest" from potential buyers for Saab Automobile. But concerns about Saab's possible demise remain. READ »

December sale or bust for Saab: GM

National: 1 Dec 09
Saab was granted an eleventh hour reprieve on Tuesday as owner General Motors said it would evaluate "expressions of interest". But GM said it will wind down its Swedish unit unless a buyer is found by the end of the year. READ »

China climate leadership crucial: Reinfeldt

Politics: 30 Nov 09
China must play a prominent role in the global fight against climate change, Swedish Prime Minister Fredrik Reinfeldt said on Monday after a China-EU summit. READ »

Ikea company unveils rapid China expansion

Business & Money: 28 Nov 09
Inter Ikea Centre Group, (IICG) a sister company of the Swedish furniture retailer, has announced plans to build two new shopping centres in China, an investment worth $1,2 billion. READ »

Geely secures Volvo financing: report

Business & Money: 27 Nov 09
The prospective buyers of Sweden-based Volvo Cars, Chinese firm Geely, have confirmed that they have secured the necessary financing for the deal. READ »

Renewed speculation over likely Saab buyers

National: 26 Nov 09
Rumours are circulating in Trollhättan, the western Swedish home of Saab Automobile, about renewed interest from buyers looking to purchase the Swedish automaker. Talks are also continuing with a number of Chinese car companies. READ »

Swedish press: Saab 'damaged beyond repair'

National: 25 Nov 09
Sweden's main newspapers on Wednesday struck a gloomy tone about the prospects of Saab Automobile’s survival, the day after luxury automaker Koenigsegg ditched its plans to buy the troubled Swedish brand. READ »

Beijing car maker keeps Saab options open

Business & Money: 25 Nov 09
Beijing Automotive Industry Holding is weighing up its options after the Koenigsegg Group, of which it was to become a minority owner, broke off negotiations for the acquisition of Saab. READ »

Chinese firms could swoop for Saab: analyst

Business & Money: 25 Nov 09
The future of Saab Automobile is hanging in the balance after Swedish sports car maker Koenigsegg announced on Tuesday that it was pulling out of a deal to buy the iconic brand from General Motors. READ »

Koenigsegg backs out of Saab deal

Business & Money: 24 Nov 09
A group headed by Swedish sports car maker Koenigsegg has broken off negotiations over the purchase of Saab Automobile, the prospective buyer said in a statement. READ »

Early English learning comes under academic attack

Education: 20 Nov 09
A Liberal Party proposal to make English language learning obligatory in schools from the first grade has been slammed by members of the Swedish Academy who view it as an "unnecessary reinforcement of the status of English.” READ »

Alshammar breaks her own world record

Sport: 12 Nov 09
Swedish swimmer Therese Alshammar set a new world record at the World Cup meet in Stockholm on Wednesday, while another one of her previous world records fell. READ »

Geely to sell one million Volvos a year: report

Business & Money: 11 Nov 09
China’s Geely, the front runner to purchase Volvo Cars from Ford, wants to build a factory in China to help increase Volvo sales to one million vehicles, according to US media reports. READ »

Swedish swimmers shine while Phelps disappoints in Stockholm

Sport: 11 Nov 09
Swedish swimmer Stefan Nystrand set a new national record at the short-course World Cup in Stockholm on Tuesday, while American Olympic sensation Michael Phelps failed to live up to expectations. READ »

Reinfeldt targets US and China in climate message

Politics: 3 Nov 09
Prime Minister Fredrik Reinfeldt on Tuesday put pressure on both the United States and China to do more to fight climate change ahead of a UN-sponsored summit on the issue set to take place in Copenhagen in December. READ »

Losses continue to shrink for Volvo Cars

Business & Money: 2 Nov 09
Volvo Cars posted a much improved third quarter result on Monday, losing only $135 million compared with the $458 million the company lost a year ago. READ »

Geely faces Volvo image challenge: analysts

Analysis & Opinion: 29 Oct 09
Geely Automobile's confirmed bid for Volvo is evidence of China's growing economic clout, but analysts say the company will face the tough challenge of ensuring the Swedish brand's reputation for safety, writes AFP's Allison Jackson. READ »

Ford picks China's Geely to bid for Volvo Cars

National: 28 Oct 09
Chinese automaker Geely is the only remaining bidder for the purchase Volvo Cars. READ »

Chinese should be taught in schools: education minister

Education: 17 Oct 09
A review of language learning in schools is required to meet the demands of the global market climate says Sweden’s education minister Jan Björklund who is advocating Chinese lessons for college students. READ »

Chinese media tempted by fantasy of women-only Swedish town

National: 5 Oct 09
A mythical Swedish town where men are barred from entering and women turn to homosexuality has piqued the interest of several Chinese media outlets. READ »

Ford 'examining Chinese Volvo bid'

Business & Money: 25 Sep 09
Ford's plans to sell Volvo to Chinese carmaker Geely for $2.5 billion are proceeding, according to reports. READ »

Sweden concerned over climate talks

National: 25 Sep 09
Swedish Prime Minister Fredrik Reinfeldt expressed deep concern on Thursday over the progress of climate negotiations at the G20 meeting in Pittsburgh, with only weeks to go before the Copenhagen conference. READ »

Reinfeldt: pace of climate talks 'too slow'

Politics: 23 Sep 09
Speaking at a United Nations climate summit on Tuesday, Swedish Prime Minister Fredrik Reinfeldt said negotiations on a new global warming deal were moving far too slowly. READ »

Geely withdraws reported offer for Volvo

Business & Money: 16 Sep 09
Chinese automaker Geely, which had previously indicated its intentions to own 100 percent of Volvo Cars, has scrapped plans to put together a bid for Ford’s troubled Swedish subsidiary. READ »

Chinese automaker signs on to Saab deal

Business & Money: 9 Sep 09
Sweden's Koenigsegg Group has brought on Chinese auto company Beijing Automotive Industry Holding Co Ltd (BAIC) to secure the financing needed to buy Saab from General Motors, Koenigsegg said on Wednesday. READ »

Geely confirms Volvo interest

Business & Money: 8 Sep 09
Chinese car giant Geely confirmed on Tuesday that it is considering a bid for Ford's Swedish subsidiary Volvo Cars. READ »

Shanghai car maker to join Saab deal: report

National: 8 Sep 09
Koenigsegg Group has informed the Swedish government that it has put together the financial package necessary to purchase Saab Automobile, while a Swedish business paper reports that a Chinese firm is also set to invest. READ »

Swedish study traces origins of man's best friend

Science & Technology: 3 Sep 09
A team of Swedish and Chinese researchers has discovered that the first ever dogs emerged in an area south of the Yangtze River in China some 16,000 years ago. READ »

The Local falls foul of Great Firewall of China

Science & Technology: 20 Aug 09
The Local has discovered that Chinese readers are unable to access "Sweden's News in English" as the site has been banned in the Asian country. READ »

Former parent 'not interested' in Volvo Cars

Business & Money: 17 Aug 09
Volvo Cars' one-time parent company Volvo Group has thrown cold water on claims that it is mulling membership of a consortium working to bring the auto maker back to Sweden. READ »

Swedish consortium enters battle for Volvo

Business & Money: 15 Aug 09
A new consortium dominated by Swedish owners has at the last minute joined in the battle to purchase Volvo Cars from Ford, according to media reports. READ »

Nobel corruption probe dropped

National: 8 Aug 09
An investigation into the alleged corruption of several members of the Nobel prize science committee will be laid down, a Swedish prosecutor announced Friday. READ »

Chinese firm close to Volvo Cars bid: report

Business & Money: 6 Aug 09
Chinese automaker Geely is putting the finishing touches to a bid to become a majority owner of Volvo Cars as head of a consortium that will also include an undisclosed Swedish investor, business daily Dagens Industri reports. READ »

Councils rapped over Swedish credits for Chinese students

Education: 29 Jul 09
Swedish education officials have criticized two municipalities for awarding Swedish high school equivalency credits to Chinese students that have neither lived nor studied in Sweden. READ »

Ericsson inks 'game changing' US deal

Science & Technology: 10 Jul 09
Sweden’s Ericsson has signed a contract with Sprint Nextel worth up to $5.0 billion to take over daily management of the US telecom group’s network, Ericsson announced on Thursday. READ »

Ericsson signs two major deals in China

Science & Technology: 8 Jul 09
Swedish telecoms equipment provider Ericsson has inked deals with two Chinese mobile operators worth $1.7 billion. READ »

Ericsson wins China broadband order

Business & Money: 3 Jul 09
Ericsson has been awarded contracts to provide broadband internet in China in cooperation with three telecom operators, the Swedish mobile phone network supplier said on Friday. READ »

Tax agency targets Chinese pop star

Society: 30 Jun 09
Chinese pop music star and Stockholm resident Wei Wei has been targeted by Swedish tax authorities, who recently attempted to freeze 50 million kronor ($6.5 million) of the singer’s assets. READ »

What's on in Sweden: June 26 - July 2

Lifestyle: 24 Jun 09
What's on in Sweden: Bunny Wailer (JAM) and The Pet Shop Boys (UK) in Stockholm; heavy metal festival & A Camp in Gothenburg; Atmosphere (US) in Malmö. READ »

Unprecedented job cuts at Ikea due to crisis

Business & Money: 24 Jun 09
Swedish discount furniture retailer Ikea has been forced to slash 5,000 jobs globally due to the economic crisis, but still expects a new sales record, the CEO said on Tuesday. READ »

Sweden expels Chinese diplomat: report

Politics: 22 Jun 09
The Swedish government has expelled a Chinese diplomat following revelations that the Chinese embassy was allegedly involved in spying on political refugees residing in Sweden. READ »

Volvo Buses lands major order from China

Business & Money: 22 Jun 09
Volvo Buses, along with its Chinese subsidiary, plans to deliever 1,500 buses to a group in Shanghai, China in a deal worth 1.3 billion kronor ($162 million). READ »

Fifty years of Ikea on display in Stockholm museum

Lifestyle: 19 Jun 09
Stockholmers no longer need to travel to Barkaby or Kungens Kurva to get their Ikea fix. Fans of cheap-but-chic home furnishings can instead head to a downtown Stockholm museum to see a retrospective of the furniture giant's 50 years of liveable design, the AFP's Mark Preel reports. READ »

China's Geely to buy Volvo Cars: report

Business & Money: 18 Jun 09
Volvo Cars is to be sold to Chinese automaker Geely following an initial agreement with Ford, according to media reports in China. But representatives from both companies deny any deal is in the works. READ »

'Refugee spy' remanded into custody

Society: 6 Jun 09
A Swedish citizen of Chinese Uyghur decent who was arrested on suspicions of spying on refugees was remanded into custody on Friday on suspicions of gross unlawful espionage. READ »

Swedes meet detained US journalists in North Korea

Politics: 17 May 09
The Swedish ambassador to North Korea met two detained US journalists on Friday, the first such contact in six weeks, a senior US official said. READ »

Top contenders for Saab purchase named

Business & Money: 12 May 09
Three bidders from three different countries are said to be the most likely buyers for Saab Automobile, according to an unnamed source with Saab's owner, General Motors (GM). READ »

Saab sale narrows to 'two or three buyers'

Business & Money: 11 May 09
The sale of Swedish car maker Saab Automobile is entering its closing stages with only two or three interested parties remaining in the hunt for the firm. READ »

Swedish-Chinese author accused of plagiarism

Society: 26 Apr 09
A Swedish woman of Chinese origin, writing under the pseudonym "vivibear", is alleged to have plagiarized large tracts from more than 250 works, according to Chinese media reports. READ »

Volvo recalls 21,000 cars over faulty fan

Business & Money: 21 Apr 09
Sweden's Volvo Cars is set to recall over 21,000 vehicles across Europe due to reports of faulty cooling fans, according to a company spokesperson on Monday. READ »

Chinese suitors plan visit to Volvo Cars: report

Business & Money: 20 Apr 09
Chinese auto company representatives interested in buying Volvo Cars from Ford will be heading to Sweden next week to visit the troubled Swedish carmaker’s European headquarters. READ »

Sweden aids US over North Korea journalists

Society: 1 Apr 09
Swedish diplomats in Pyongyang are continuing their efforts to help secure the release of two US journalists being held by North Korea. READ »

GM deadline puts pressure on Saab

Analysis & Opinion: 31 Mar 09
Washington's decision to hand General Motors a new deadline to reach viability and to demand it sack its chief executive could put more pressure on the company's beleaguered Swedish subsidiary Saab, analysts said on Tuesday. READ »