Baoding, China-based Yingli Green Energy Holding Company has signed five sales agreements with customers in Spain for a total of 30 megawatts of photovoltaic modules.

China-based SORL Auto Parts, a manufacturer and distributor of commercial vehicle air brake systems as well as related auto parts, has said that it has hosted foreign delegations from Brazil, India, Russia, and the USA in recent weeks to tour its factory.

China Ritar Power, a major Chinese manufacturer of lead acid batteries, says that despite the slowdown in the global economy there is a healthy increase in the demand for batteries to be used in telecommunications and alternative energy.

Despite the global economic slowdown, Luxembourg-based logistics company Logwin has opened a new operation in Zhangjiagang in southeast China.

A report released by the United Nations Environment Programme says that China has become a green economy giant in Asia and is leading the region's alternative energy investment trend.

China-focused business e-commerce company Global Sources Ltd. has taken a year-on-year revenue hit of 14% according to its financial results for the first quarter ended March 31, 2009.

Despite the slowdown in the global economy, Bridgestone Corporation, Japan's largest tire maker, has said that it plans to invest an additional USD98 million to expand the capacity of one of its plants in east China.

According to the statistics from China's Ministry of Industry and Information Technology, China's mobile phone output decreased by 11.2% year-on-year in the first two months of 2009 and its mobile phone exports decreased by 17.2% during the same period, the largest decline over the past few years.

Home appliances giant Whirlpool has announced plans to adjust its manufacturing business in China and will close its washing machine plant, cutting 600 jobs.

Global telecom operators are under enormous pressure to develop next-generation telecom technologies, such as 3G, to meet market demands, but as a result of the global financial crisis, the majority of mainstream financing agencies based in Europe and the U.S. are trying to find ways to address issues such as inadequate liquidity and the credit [...]