Moutai looks to int'l markets
2010-04-20 10:44:18
Whilst many family-based enterprises in drought-stricken Guizhou have had to cease production, one of the country's leading liquor producers based there has managed to source enough water to continue production.
Profits take off at China Eastern Airlines
2010-04-20 00:51:22
China Eastern Airlines Co., Ltd, one of China's leading carriers, Monday reported a net profit of 540 million yuan ($79 million) last year on lower operating costs.
Shenzhen Airlines to have new head
2010-04-19 11:17:36
Air China, which gained control of Shenzhen Airlines last month, has selected a new head for the smaller carrier, China Business News reported Monday.
Haier's 2009 net profit jumps 50% on govt incentives
2010-04-19 10:30:56
Qingdao Haier Co Ltd said Sunday that its 2009 net profit jumped 49.64 percent on government stimulus program and products innovation.
China's Baotou Steel Rare-Earth Corp '09 profit declines
2010-04-17 14:57:07
Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Corp said Friday its 2009 net profit declined 66.6 percent from a year earlier.
Ping An 2009 net profit up more than 8 folds
2010-04-17 14:53:08
China's Ping An Insurance Corp said its 2009 net profit surged by 879 percent year-on-year, boosted by strong earnings in insurance and other businesses.
Domestic carriers stop Europe flights
2010-04-17 14:01:57
The enormous ash cloud from the Icelandic volcano has caused most flights between China and Europe to be canceled or delayed on Friday, wrecking travel plans for thousands of people.
China's XCMG forecasts 77% net profit jump in Q1 on strong demand
2010-04-17 11:09:59
The Xugong Construction Machinery Co, Ltd(XCMG), China's largest construction machinery maker, has forecast its net profit in the first quarter this year surged 77 percent year-on-year.
PPG to boost spending on Tianjin plant
2010-04-17 10:09:46
PPG Industries, a leading global coatings and specialty-materials manufacturer will expand its Tianjin facility this year, including a waterborne coatings workshop requiring $10 million of investment, and an R&D center.
China Eastern backs SkyTeam partnership
2010-04-17 09:34:18
China Eastern Airlines said on Friday it would sign a memorandum of understanding to join global airline alliance SkyTeam.
China Eastern to become SkyTeam alliance member by 2011
2010-04-16 17:06:44
China Eastern Alliance Corp, one of the three leading Chinese carriers, signed a memorandum of understanding (MOU) with the SkyTeam alliance, a group of global airlines led by Korean Air Lines Co., the South Korean carrier said Friday.
Minmetals turns to Mauritania for ore supplies
2010-04-16 10:45:08
China Minmetals Corporation, the nation's largest metals trader, is considering iron ore mining projects in the Western African nation of Mauritania to further diversify its raw material sources.