China Daily (Beijing) - The British company that makes the Lotus sports car officially arrived in China last week, but it first had to figure out a local translation for its brand as there are cars already on the road that carry the Lotus nameplate - Lianhua in Chinese.

The National - China has acted as a magnet to foreign car companies determined to capitalise on the spectacular economic growth in the world's second-biggest economy.

The Wall Street Journal (Beijing) - Battery and car maker BYD Co. said Sunday it has set the price of its Shenzhen initial public offering at 18 yuan a share, in a sale that aims to raise as much as 1.42 billion yuan ($219 million).