China's central SOEs performe well abroad
2011-02-23 11:03:13
China's centrally administered State-owned enterprises (SOEs) had posted healthy profits in foreign markets since they adopted the strategy of going global in recent years, government official said Tuesday.
Collectors in high spirits
2011-02-23 10:15:36
A small bottle of vintage Chinese spirit sitting in a timeworn cupboard of a house in Shanghai has turned out to be worth more than one million yuan ($152,000) as China's Moutai auction market heats up.
Baidu accused of abusing dominant position
2011-02-23 10:06:28
Baidu Inc may face anti-monopoly scrutiny after a Chinese website launched a complaint against the country's biggest search engine.
Anshan Steel to set up JV with British Stemcor
2011-02-23 10:01:41
China's Anshan Iron & Steel Group Corp. has inked a deal with British Stemcor to set up a joint venture, an official of the Chinese company said Tuesday.
Central SOEs increase payback to the State
2011-02-23 09:16:41
Central State-owned enterprises (SOEs) will hand over 15 percent of their total profits to the State this year in a bid to share the benefits provided by the rapid growth of the SOEs with the public. All central SOEs will be listed in future
China ANTA says Q3 2011 order book value up 20%
2011-02-22 15:56:30
China's ANTA Sports Products Ltd said it recorded 20 percent growth in order book value for the third quarter of 2011, Reuters reported on Tuesday.
Huawei withdraws from US company purchase
2011-02-22 10:43:35
Huawei Technologies Ltd, China's leading telecommunication equipment manufacturer confirmed on Monday that it would abandon its efforts to acquire assets of a US computer company as recommended by a security panel.
Tibet Airline to begin offering flights in July
2011-02-22 10:24:36
China's Tibet Airlines Company, the first airline based in southwestern Tibet Autonomous Region, will inaugurate its first flight in July, said the company on Monday.
MOC regrets Huawei's dropping deal to buy 3Leaf assets
2011-02-22 09:56:19
China's Ministry of Commerce (MOC) said on Monday it regrets Huawei Technologies Co's withdrawal of its agreement to buy the assets of 3Leaf Systems while under pressure from a US panel.
Huawei confirms bid for London subway cell-phone network
2011-02-22 09:41:18
Huawei Technologies Co Ltd in South China's Guangdong province confirmed on Monday that the company had participated in a phone network installation bid for the London Underground.
China irked by unfair treatment
2011-02-19 09:36:33
Political resistance in the United States to Huawei's latest effort to acquire technology assets from a US company is another instance of intentional efforts to block Chinese investment in advanced technology, according to experts.
Baidu, Tencent, Alibaba forming oligopoly on Chinese Internet
2011-02-18 17:38:59
An Internet oligopoly is forming among Chinese Internet enterprises, with Baidu Inc, Tencent Hodingd, Ltd, and Alibaba Holding Group, Ltd, taking up 70 percent of the total market value of all listed Internet companies in China, the Chinese finance website Hexun reported Friday, citing a research report on Internet monopoly released by Chinalabs, a Beijing-based Internet research company, on Thursday.