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Tengzhong may use offshore vehicle to buy Hummer

Sichuan Tengzhong may use an offshore investment vehicle to buy General Motors' Hummer brand if regulators don't approve the deal, Reuters reported today, citing an insider.

Feb. 23 , 2010
Evonik Industries expands Rohmax oil additives tech centre in ShanghaiFeb. 23 , 2010
New policies to coerce automakers into mergingFeb. 23 , 2010
Mazda to lift China output capacity to meet demand
China regulator approves SAIC/GM reshaping of JV
China outlines plans to boost auto industry
Beijing orders 22 fire truck chassis from Spartan MotorsFeb. 22 , 2010
Chery Auto plans to build $2.9B plant in north ChinaFeb. 22 , 2010
HK may announce auto-LPG test results this weekFeb. 22 , 2010
China to issue new guidelines for auto sector
China to standardize primary school buses for safety
Inbound rail passenger numbers peak in south China
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