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Chinese firms up the stakes in Europe

By Andrew Moody | China Daily | Updated: 2010-10-04 07:39

Chinese firms up the stakes in Europe

(From left) Li Shufu, chairman of Zhejiang Geely Holding Group, Swedish Minister for Enterprise and Energy Maud Olofsson and Volvo CEO Stephen Odell at the Volvo headquarters in Torslanda, Sweden, on March 28, when Geely bought Volvo from Ford. Bjorn Larsson Rosvall / Reuters

BEIJING - Chinese companies are increasingly looking toward Europe to extend their business operations.

Chinese firms up the stakes in Europe

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