Business

China Still Interested in Volvo?

Some Swedish news reports claim that Chinese investors have lost interest in the American-owned Swedish car company Volvo - while others claim that China is very much interested but is hoping to play hard to please in order to reduce the price.

Both Volvo and the American owned Swedish car company Saab are looking for new owners and investors – and both are seen as highly interesting for China - eager to boost technological quality in its enormous automobile industry.