Yunnan buries the hatchet with China Eastern

2009-06-03 10:55:51

China Eastern is patching up its strained relationship with the Yunnan provincial government by committing to expand its presence in the home of some of China's most popular tourist attractions.

Unicom offers more 3G freebies

2009-06-03 10:52:20

China Unicom will scrap roaming fees and additional charges on long distance calls in its 3G pricing offer, a move that analysts said was likely to trigger a new round of price wars in the industry.

China Southern to ride out of turbulence

2009-06-03 10:30:35

China Southern Airlines looks set to be the first mainland carrier to fly out of the financial turbulence after getting a capital injection of 3 billion yuan from the government.

China Eastern, Yunnan govt to set up JV

2009-06-02 10:33:50

China Eastern signed a strategic cooperation agreement with Yunnan’s provincial government to establish a joint venture Sunday, in Kunming, capital of the province.

Haier says to take 20% stake in NZ firm

2009-05-27 14:24:28

China's largest home appliances maker Haier announced Wednesday that it would take a 20 percent stake in New Zealand's Fisher & Paykel Appliances.

China Life raises equity investments as market rallies

2009-05-26 13:51:43

China Life Insurance Co, the nation's largest insurer, increased equities holdings in its investment portfolio in the first quarter as the stock market rebounded.

Hainan Airlines loses $208m in 2008

2009-05-25 10:43:16

Shanghai-listed Hainan Airlines Co Ltd (HNA) reported a 1.42 billion yuan ($208 million) net profit loss last year due to high oil price and waning passenger demands.

KingTeller set to expand network

2009-05-22 08:12:24

It has taken less than 8 years for Guangzhou KingTeller Technology Co to become the country's second biggest automated teller machines (ATM) maker.

Zhongjin to get gold assets from parent

2009-05-22 08:12:24

Zhongjin Gold Co is making a bid to become the leading producer of the yellow metal in China.

Sanyuan acquires 2 poultry product firms

2009-05-19 07:57:03

Beijing Sanyuan Group, the parent company of Sanyuan Food, is transforming itself into an agricultural group by acquiring two Beijing poultry product enterprises.

Sanlu brings 7.3m yuan at auction

2009-05-13 10:21:24

The brand of Sanlu Group, the dairy company embroiled in China's tainted-milk scandal, was sold at an auction Tuesday for 7.3 million yuan ($1.07 million), court officials said.

BOC grants 20b yuan in loans to shipping firm

2009-05-12 16:18:42

Bank of China (BOC) Shanghai branch recently approved syndicated loans worth nearly 20 billion yuan, which will be provided to COSCO Container Lines Co Ltd in the next three years.