Volvo Cars is the first car manufacturer to export its China-made vehicles to Europe via China’s “One Belt, One Road” trade initiative. The new Volvo S90 sedans, built in Volvo’s Daqing facility in China, will be arriving at a holding centre in Zeebrugge, Belgium later this week. Source Carlist
European and German bank watchdogs signaled they won’t simply bow to the desire to create the kind of national champions that the German government has in mind by brokering a merger between the country’s two biggest listed banks. Source: Bloomberg
Russia’s state-owned gas giant Gazprom will start filling the Power of Siberia (Sila Sibiri) natural gas pipeline that connects Russia to China from September 1, Gazprom Transgaz Tomsk said in its corporate magazine on March 14, as cited by Prime. Source: Intellinews
Authorities in China have arrested almost 13,000 “terrorists” in the restive far western region of Xinjiang since 2014, the government said Monday, in a lengthy policy paper again defending its controversial Islamic de-radicalization measures. Source: Japan Times
