Hopes to sell 700k units in China annually by 2015
Situated on major trading routes, Sri Lanka is undergoing a huge investment drive in infrastructure and transport links to help transform the country from a developing nation to a middle-income economy by 2016.
Despite strong government support for new-energy vehicles, fewer than 20,000 have been sold over the past two years, according the latest figures from the Ministry of Science and Technology.
With given names ending in the same Chinese character fu, which means good fortune, Li Shufu and Wang Chuanfu have another thing in common - they are the bosses of two leading domestic automakers.
Many domestic carmakers are reporting that profits tumbled last year due to a slowing economy and intense competition in the world's most crowded market.
Lower-tech local brands could feel the squeeze
For Florent Amodio, it may be now or never. The French figure skater was just 19 at his first Olympics in Vancouver, Canada, in 2010, old enough to appreciate the experience but not at his peak as an athlete.
While Moscow digs itself out of a huge snow storm that hit the Russian capital in the last few days, organizers of the Winter Olympics are worried a lack of snow could become a problem next February.
Less than a year remains until the Sochi 2014 Olympic Winter Games' opening ceremony on Feb 7, and nine Omega Countdown Clocks, spread across the Russian Federation, have been meticulously counting down the days, hours, minutes and seconds until the vibrant celebration takes place and Omega assumes its official timekeeping responsibilities for the 26th time since 1932. On March 7, the brand will assume the same role at the Paralympic Winter Games.
Q: In terms of sports marketing, some brands may choose sailing, some horse racing, some may choose tennis. What is Omega's strategy of sports sponsorship? Any specific criteria? Are there any sports events you are particularly interested in investing in?
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
