Forklift industry to move into high gear
2010-07-20 10:03:43
Forklift sales in China more than doubled in the first half of the year and are poised for further growth in the full year, industry experts said on Monday.
Severe overcapacity in stainless steel industry
2010-07-19 14:37:53
China's stainless steel industry is facing severe overcapacity due to sluggish demand and lack of high-end product manufacturers, the China Business Daily reported Monday.
China seals oil port; PetroChina cuts runs
2010-07-19 14:29:21
China closed the Dalian Xingang oil port in Northest China, home to the country's largest oil reserve bases, after crude pipeline explosions spilled oil into the sea, an industry executive said on Monday. Scramble to contain oil pipeline spill in Dalian
China Huarong sets up PE fund in Chongqing
2010-07-19 14:02:47
China Huarong Asset Management Corp formed a private equity fund with Chongqing Yufu Assets Management Co, a local financing vehicle in the western municipality, the China Securities Journal reported today, citing Huarong.
Zijin Mining required to close copper plant
2010-07-19 11:51:22
Zijin Mining Group Co, China's largest gold producer, said that it is required to close a copper plant in Shanghang, Fujian province, after a "substantial leakage of waste water" was discovered by a government team of investigators.
China's Bright Dairy invests in NZ's Synlait
2010-07-19 11:39:10
China's Bright Dairy & Food Co is investing $58 million in New Zealand milk producer Synlait, which will use the money to lift exports of milk powder and infant formula to China.
China National Nuclear seeks to build reactor in Argentina
2010-07-15 16:00:57
China National Nuclear Corp, the country's biggest builder of reactors, is seeking to construct a nuclear plant in Argentina as the company expands overseas.
Air China seeks to buy Airbus, Boeing jets-rpt
2010-07-15 15:28:48
Air China is in talks to buy wide-bodied jets from Boeing Co and Airbus, including A350 and B787 jets, to revamp its fleet, a source close to the carrier said on Wednesday.
Big steel firms won't switch to spot market-Baosteel
2010-07-15 15:15:19
China's top steel maker Baosteel Group said on Thursday that big Chinese steel makers would not switch to spot markets for iron ore even if prices were cheaper.
BaWang shares dive on cancer claims
2010-07-15 10:31:37
Samples of BaWang's shampoo and its Royal Wind brand were found to contain the cancer-causing substance dioxane.
CNPC begins work on Xinjiang projects
2010-07-15 09:47:00
China National Petroleum Corp (CNPC) on Tuesday started work on two projects in Xinjiang Uygur autonomous region, in line with the central government's plan to boost development of the region.
Shougang close to Tonghua buy
2010-07-15 09:30:42
Steelmaker Shougang Group will take over Jilin-based Tonghua Iron & Steel Group this month to further expand capacity.