Jailed Huang under spotlight in struggle for appliance giant
2010-09-19 11:36:09
The struggle to control Gome Electrical Appliances Holdings Ltd, China's biggest home appliance retailer, between its jailed founder and executives has stirred heated discussion among Internet users and experts.
Alibaba aims high in global market with possible ties with rival eBay
2010-09-11 15:04:43
Alibaba and eBay are longstanding rivals in the world of e-commerce. Their opposition dates back to the last decade when Alibaba squeezed eBay out of the Chinese market in 2006 by undercutting its commission fees in order to snatch a bigger share of the market.
Sinopec cements natural gas moves
2010-09-11 09:46:00
The nation's largest refiner Sinopec Corp commenced work on a 9.66-billlion-yuan ($1.42 billion) liquefied natural gas (LNG) project in Shandong province on Friday, as part of efforts to expand its gas portfolio in the fast-growing domestic market.
China Southern starts Beijing-Tashkent direct flights
2010-09-03 11:16:04
China Southern Airlines began offering direct flights on Thursday from Beijing to Tashkent, capital of Uzbekistan, to meet rising air travel demand and further strengthen bilateral ties between the two countries.
Li-Ning partners with Aussie Skins
2010-09-02 16:15:04
From mass-consumer goods to high-tech professional sportswear, China's top sports brand Li-Ning made a change to focus on the top athletes when they announced here on Wednesday their partnerships with Australian sportswear specialists Skins by launching superior-quality Li-Ning Skins gradient compression sportswear in the Chinese market.
Express Air vows to complete safety overhauls in 5 days
2010-09-01 17:09:02
China Express Air (CEA), which was ordered to halt flights after a landing scare Saturday, said it will strive to complete required safety inspections within five days so it can apply to resume operations.
NEC, Neusoft in JV deal
2010-09-01 12:07:34
IT firm NEC (China) Co Ltd and China's largest IT outsourcing company Neusoft Corporation are going to set up a joint venture in October with a total investment of 50 million yuan.
China Mobile to keep SPDB shares for 5 yrs
2010-09-01 12:00:51
China Mobile, the nation's top mobile phone service provider, announced Tuesday it would extend the lock period of its 20-percent stake in Shanghai Pudong Development Bank (SPDB) to five years, following regulations, Reuters reported.
Air China sees no impact as Boeing delays deliveries
2010-09-01 11:43:27
Chicago-based Boeing's decision to postpone delivery of its 787 Dreamliner aircraft will not significantly impact Chinese airline carriers' future operations, industry sources said.
China State Construction Engineering net profit up 94.8% in H1
2010-09-01 09:56:02
China State Construction Engineering Corporation (CSCEC), one of China's leading construction firms, said Tuesday its first-half-year net profits rose 94.8 percent from one year earlier.
China Railway Construction net profit up 52.1% in H1
2010-09-01 09:39:42
China Railway Construction Corporation (CRCC), one of China's largest heavy construction firms, said Tuesday its first-half-year net profits rose 52.1 percent from one year earlier.
Dongxiang expects H2 sales to exceed 20%
2010-08-31 16:46:15
China Dongxiang Group, owner of the rights to sportswear Kappa in China, expects second-half sales to grow more than 20 percent with the opening of more stores outside the country’s first-tier cities, Bloomberg reported.