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Another Chinese battery maker, Svolt, said it will spend 2 billion euros on its European base, which is expected to start production in 2022. The battery maker spun off from Chinese carmaker Great Wall Motors in 2018. It will offer batteries for electric MINI-branded vehicles that will be made in China starting from 2023.
Any speculative activity to short the Chinese renminbi will "inevitably suffer from a huge loss", according to Guo, who said short-term volatility of the currency is normal.

Apart from expanding the production capacity by 10 percent in its Shanghai plant this year, the company will open a new customer experience stores in Beijing in December, said Zha Sheng, general manager for Chinese operations of Vorwerk Group.
Another major US exercises with ROK, condemned Key Resolve and Foal Eagle, took place earlier this spring.
Apart from government officials, Executive Council members Bernard Chan, Ronny Tong Ka-wah and Joseph Yam Chi-kwong should also speak out more about Hong Kong, Ip said. They all speak good English and are well known in the international community, she said.
来源:资阳报