Tianjin Airlines flies its 1st int'l air route

2010-10-19 16:57:46

A 98-seat Brazil-made ERJ-190 plane took off from an airport in north China's Tianjin municipality for Ulan Bator, capital of Mongolia, on Tuesday, marking the opening of the first international air route operated by the city's local airliner.

China's CNSC merges with Sinopharm

2010-10-19 10:28:21

The China National Service Corporation for Chinese Personnel Working Abroad (CNSC), a centrally-administered state-owned enterprise (SOE), has merged with the China National Pharmaceutical Group Corporation (Sinopharm), the country's state-assets authority said Monday.

TCL sets its sights overseas

2010-10-19 10:08:33

TCL Corporation, one of China's largest household appliance makers, plans to establish production bases in Russia, Pakistan and South America to widen its reach abroad as it sees significant benefits in overseas markets.

Zijin Mining sued for 19.5m yuan after tin mine dam collapse

2010-10-18 14:07:53

China's largest gold producer, Zijin Mining Group Co, said Sunday that two of its subsidiaries were being sued for 19.5 million yuan ($2.94 million) in compensation following a tin mine dam collapse in Xinyi city in South China's Guangdong province.

China plays key role in Chile rescue

2010-10-18 10:21:33

"Made In China" has won a reputation for quality in the international arena after a Chinese-made machine was involved in rehearsals for the dramatic rescue of 33 trapped miners in Chile.

Nigerian deal may not pay dividends for China Unicom

2010-10-16 09:35:04

China Unicom may find it hard to benefit from its shared 75 percent acquisition of Nigerian Telecommunications Limited (Nitel), according to analysts.

China Railway to sell $902m bonds Oct 19

2010-10-15 16:41:13

China Railway Group has obtained regulatory approval to sell 6 billion yuan ($902.2 million) in bonds next week, Reuters reported Friday.

Wuhan Steel to keep Nov steel prices unchanged

2010-10-15 16:39:47

China's Wuhan Iron & Steel Co Ltd said it will keep prices of key products unchanged in November, a move widely expected by domestic market.

Sinochem abandons Potash counterbid plan: Report

2010-10-15 15:54:46

China's Sinochem Corp has abandoned efforts to make a rival offer for Potash Corp as part of plans to spoil BHP Billiton Plc's $39 billion bid for the Canadian fertilizer maker, Reuters reported, citing sources.

Haier's net income for 1st 9 months up 60%

2010-10-14 15:06:03

Qingdao Haier Co said its net income may have risen more than 60 percent in the first nine months of the year from 966 million yuan ($145.2 million) a year earlier after sales increased, Bloomberg reported on Thursday according to a statement from the Chinese home appliance maker to Shanghai’s stock exchange.

US likely to give nod to CNOOC deal, despite opposition

2010-10-14 09:32:32

The $1.08 billion deal between China's largest offshore oil company, CNOOC Ltd, and US company Chesapeake Energy Corp will likely pass a review by the Committee of Foreign Investment in the United States (CFIUS), despite possible US political opposition, experts have said.

Top 500 Chinese private companies revealed

2010-10-12 16:52:10

Rankings of China's top 500 private enterprises in 2010 were released on Oct 12. Jiangsu Shagang Group tops the rankings for the second year in a row, with revenue of 146 billion yuan ($21.9 billion).