SOE supervisor vows to boost transparency

2011-05-23 09:26:01

China's state-owned enterprises (SOEs) supervisor on Saturday said it would work to make the SOEs management more transparent after China's top auditor publicized irregularities among a number of famed SOEs.

XCMG to buy stakes in two European firms

2011-05-20 10:22:56

Xuzhou Construction Machinery Group (XCMG), China's largest machinery manufacturer by revenue, is in talks with two companies in Western Europe to acquire a 50 percent stake in each, said a senior officer from the group.

Air China to start flight between Lhasa and Katmandu

2011-05-19 17:25:45

Air China is expected to start daily international service between Lhasa in the Tibet Autonomous Region and Katmandu, Nepal on August 1, said an official with the company on Thursday.

PetroChina eyes progress in Sino-Russian pipeline

2011-05-19 10:21:56

Senior executives of PetroChina Co Ltd, said Wednesday that the company will continue to seek opportunity for overseas merger and acquisition (M&A) and further expand its Latin American presence.

China Unicom's latest strategy

2011-05-19 10:03:56

China United Network Communications Group Co Ltd (China Unicom) has for the first time introduced two BlackBerry smartphone models running on its third-generation (3G) mobile network, in the hope of being less dependent on the wildly popular Apple Inc iPhones.

Sinopec's unit to dive deeper for offshore assets

2011-05-19 09:17:23

Sinopec International Exploration and Production Corp (SIPC) will produce half of its oil from offshore operations by 2015.

PetroChina boosts its overseas operations

2011-05-19 09:12:32

PetroChina Co Ltd, China's biggest energy firm by market value, plans to establish three operation centers, in Singapore, London, and New York, in an effort to boost its foothold overseas, the company's top official said.
Sinopec's unit to dive deeper for offshore assets
PetroChina eyes progress in Sino-Russian pipeline

Airbus top business jet lands in China for charter flights

2011-05-18 17:25:29

Beijing-based Deer Jet has purchased an Airbus Corporate Jetliner (ACJ), one of the world's top business jets, for its charter flights service.

360buy.com sets sights on $2b US IPO

2011-05-18 14:35:16

The owner of Chinese site 360buy.com is now hoping to raise at least $2 billion in an initial public offering (IPO) in the US by 2013 or later.

China's Internet stocks lose luster

2011-05-18 14:23:54

From boom to bust, China's Internet companies listed on the U.S. stock market have fallen to earth. Shares of Renren, Jiayuan and Netqin dropped below their offering prices just days after shining performances on their first day of trading.

Air China resumes flight from Beijing to Athens

2011-05-18 11:25:13

An A330-model aircraft belonging to Air China, the country's flagship carrier, took off from Beijing at 12:40 am Wednesday and made its way to the city of Athens, signaling the resumption of flight services between China and Greece.

COSCO appoints Rita Fan as non-executive director

2011-05-18 11:18:18

China COSCO, Asia's largest shipping company by market value, has appointed Rita Fan as independent non-executive director with effect from May 17, it said in a stock exchange filing on Tuesday night.