Young manager gets a spark

2010-05-20 10:56:20

Despite his modest beginnings, Liu Qingpeng, a senior at the Tsinghua University Law School, has no fear of the future.

Sina may replace Google as China partner on searches

2010-05-19 16:13:50

Sina Corp, the owner of China's third-most-visited website, said it may seek other search engine providers to replace Google Inc after the US company moved its Chinese site offshore.

China Sci-Tech says share sale gets good response

2010-05-19 13:33:46

China Sci-Tech Holdings Ltd said it received "very good" response for a $1 billion equity sale that will fund its plan to acquire copper mines in Peru and Australia, as a market rout forced rivals to cancel offerings.

Hotels raising rates ahead of uni exams

2010-05-19 13:10:25

Prices of hotel rooms near centers for university examinations have jumped as much as 20 percent, hours after applications for the exams closed on Monday.

China's ZTE eyes 30% revenue growth

2010-05-18 13:55:04

China's No 2 telecommunications equipment maker ZTE Corp expects group revenue to grow by about 30 percent over the next few years, fueled by the rapid rise of its cell phone unit, a senior executive said.

China's Sina Q1 profit soars

2010-05-18 13:48:49

Sina Corp, China's largest Internet portal, posted a more than two-fold jump in quarterly profit as strong online ad revenues countered the impact of weakness in its mobile segment.

Alibaba.com hopes for A-share listing

2010-05-17 15:10:14

Alibaba.com, China's largest e-commerce company, hopes to return to China's domestic A-share market by listing on the planned international board, the Securities Times reported on Monday, quoting the company's chief executive.

Ansteel plans to build JV in US

2010-05-17 13:40:14

Anshan Iron and Steel Group Corp (Ansteel), a conglomerate based in Anshan, northeast China's Liaoning province, and the Steel Development Company, of the United States, have signed a memorandum of understanding (MOU) on jointly investing in a deformed steel bar manufacturing project.

China Qinfa to buy 2 bulk carriers for $69m

2010-05-17 09:31:48

China Qinfa Group, a leading non- State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay $69 million for construction of two 82,000-DWT bulk carriers.

Alibaba says economic woes far from over

2010-05-15 09:19:44

SHENZHEN - While China's economy is showing signs of recovery after the worldwide financial crisis, Jack Ma, chairman and chief executive of e-commerce company Alibaba Group, said the end of the financial crisis is yet to come.

Leading wine grape growing base planned in northern city

2010-05-14 14:29:50

Bayan Nur City in northern China's Inner Mongolia Autonomous Region is planning to build a nation's leading wine grape growing base in its Ulan Buh Desert.

Chinese company invests $985m in Canada oil sands

2010-05-14 14:16:53

Canada's Penn West Energy Trust says it's getting a $985 million investment in its oil sands assets from a Chinese company.