Engel Holding GmbH and two other Austrian firms have brought their apprenticeship program to China. Students who complete the program receive certificates from both Chinese and Austrian education programs, and a chance for a big future at companies in the region.
Global materials supplier Borouge is stepping up activities in western China in response to Beijing's Belt and Road Initiative. The company said the initiative, which reportedly includes $150 billion a year in Chinese-funded infrastructure spending in countries along the old Silk Road trading routes, is creating demand in some new or previously less active markets.
Global plastics makers BASF and Dow are getting into China's shared bike industry, announcing partnerships with Chinese companies to make better plastic tires that can handle the intense beating of shared bikes. China's shared bike industry, where consumers use smart phones to unlock bikes, is booming.