Qingdao Doublestar Group, one of the oldest rubber companies and a leading tire manufacturer in China, may acquire a 42.01 percent stake in South Korean tiremaker Kumho Tire Co Inc, according to a Doublestar statement on Monday.Shenzhen-listed Doublestar would invest about 955 billion won ($830 mill...

With roots extending back to 1881, CRRC has been at the forefront of the development of China's railway industry. CRRC was incorporated in its current form in 2015 through the merger of two former rivals, CSR Corp and CNR Corp. At the time, CRRC not only had a firm domestic footing but also had expo...