Chinese car maker Geely has signed a deal to buy Volvo from US car giant Ford for $1.8bn (£1.2bn). It is fresh evidence of the foreign direct investment being made by Chinese companies in a bid to buy access to European markets and access Western technology. This BBC news video provides some background. In 2009 China overtook the US as the world’s largest car market.

Featured
Exam coaching workshops

AS Micro/Macro Economics Exam Coaching Workshop (combined)

This intensive one-day exam coaching & revision workshop will help improve your AS Economics students ability to maximise their performance in the 2015 exam

Learn more ›