Starring role for developers
2011-01-31 13:45:02
Although the Chinese film industry celebrated a milestone last year with box office receipts reaching a record 10.17 billion yuan ($1.54 billion), commercial property developers were raining on its parade by seeking a bigger slice of the profits.
Property firm bids to purchase 16 farms in NZ
2011-01-29 10:09:40
Shanghai Pengxin Group, a Chinese property developer and owner of agricultural and mining ventures, is seeking to buy 16 dairy farms in New Zealand after the government rejected an earlier bid by a different Chinese company.
CNOOC lifts production target by 11 percent
2011-01-29 09:26:50
China's top offshore oil and gas producer, CNOOC Ltd, has lifted its 2011 production target by up to 11 percent as new projects at home and overseas come on stream.
CNOOC Ltd sets 2011 output target higher
2011-01-28 10:29:35
China's largest offshore oil and gas producer, China National Offshore Oil Company Limited (CNOOC Ltd), announced Thursday that its 2011 oil and gas output target is set at 355 to 365 million barrels of oil equivalent (BOE).
CNPC's Huanqiu unit to buy 20% of Aussie LNG Ltd
2011-01-28 09:52:28
Huanqiu, a unit of China National Petroleum Corp (CNPC), has agreed to purchase a 19.9 percent stake in Australia's Liquefied Natural Gas Ltd, CNPC said Thursday.
Xinyuan looks for investors to help finance land purchases
2011-01-27 14:47:16
Xinyuan Real Estate Co, a Chinese developer that sells apartments to middle-income consumers, plans to seek investors to help finance land purchases as bank-lending curbs limit funding for smaller property companies.
China develops thousand-ton crane
2011-01-27 13:08:26
China has become the world's third country to develop and manufacture a one thousand ton crane, along with Germany and the United States, as two new heavy-lifting cranes developed by a local machinery company have been approved for use in Xuzhou in eastern Jiangsu province.
Sinopharm buys Hebei medicine retailer for $197m
2011-01-26 13:22:53
Sinopharm Group Co Ltd said on Wednesday it would buy a majority stake in a medicines retail chain operator for up to 1.3 billion yuan ($197.5 million), a bid to expand its pharmaceutical distribution business in China's Hebei province.
Spring Airlines readies listing
2011-01-25 14:52:55
Spring Airlines Co Ltd, the nation's only budget carrier, has started preparations for going public in Shanghai, showing the capital market's recognition of the private carrier's business performance.
Sinopec net profits soar on oil price rises
2011-01-25 11:18:13
China Petrochemical Corp (Sinopec Group), Asia's largest oil refiner by capacity, is expected to report a more than 100 billion yuan ($15 billion) net profit in 2010, as surging oil prices pushed up its performance in the upstream sector.
BOC to increase aircraft assets
2011-01-25 11:16:51
BOC Aviation, the aircraft-financing unit of Bank of China, said on Monday that it is looking to order more aircraft from manufacturers such as Airbus and Boeing this year, as the airline industry rebounds strongly from the global economic downturn.
China Southern doubles Kathmandu flight numbers
2011-01-25 11:09:59
Increasing demand from Nepali travelers prompts airline to expand