China's Chery says wins regulatory approval for Jaguar Land Rover JV

BEIJING, Sept 21 Fri Sep 21, 2012 9:56am IST



BEIJING, Sept 21 (Reuters) - China's Chery Automobile Co said on Friday it has won regulatory approval to launch a Chinese joint venture with Jaguar Land Rover.

The National Development and Reform Commission (NDRC) has approved the plan, a Chery spokesman said. (Reporting by Fang Yan in BEIJING and Kazunori Takada in SHANGHAI; Editing by Daniel Magnowski)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.