China's Dongfeng denies rumours of merger with FAW and announces Zhu Yanfeng as new chairman

China's ruling communist party is looking to combine state-owned firms to make them more competitive on the international level.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1dMKt1U May 06, 2015 at 02:45PM http://ift.tt/eA8V8J