China's Lenovo takes aim at mobile Internet market

2010-03-04 10:50:08

China's Lenovo, the world's No 4 personal computer maker, said it will develop more products this year for the mobile Internet, attempting to gain ground after a late start into the hot smartphone market.

Bright plans sweet offer to Aussie CSR

2010-03-04 10:25:01

Bright Food Group, the food conglomerate owned by the Shanghai municipal government, will sweeten its offer to buy Australian sugar giant CSR and hopes to complete the deal at least by the end of the year, a top company official told China Daily on Wednesday.

Qingdao Port to shift strategy

2010-03-04 10:09:52

Qingdao Port, the seventh-largest port in the world, is gearing up to tweak its business strategy to focus more on the import side, said Chang Dechuan, president of the port.

China Mobile shares may fall on pudong bank stake purchase plan

2010-03-04 10:09:07

China Mobile Ltd shares may fall in Hong Kong trading on concern the world’s biggest phone company by value is deviating from its main business by considering an investment in Shanghai Pudong Development Bank Co.

Sands China net income jumps as Macao gambling peaks

2010-03-03 10:45:43

Sands China Ltd, Asia's biggest listed casino operator, said 2009 profit rose 22 percent on higher spending in the world's biggest gambling hub.

China UnionPay opens card payments business in Brunei

2010-03-03 09:50:36

China UnionPay (CUP), the largest bank card organization in China, Tuesday launched a card payments business in Brunei in an alliance with local bankcard network Baiduri Bank Co.

Dongfang Electric spreading wings abroad

2010-03-03 09:49:33

Power generator maker Dongfang Electric Corp (DEC) is spreading its wings abroad to offset slowing demand for thermal power in China, according to Group Chairman Wang Ji.

Minmetals tightens up non-ferrous operations

2010-03-03 09:23:41

The nation's largest metals trader, China Minmetals Corp, will set up a joint venture with its controlled company Hunan Nonferrous Metals Holding Group (HNG) to further consolidate its domestic nonferrous metals business.

China's Yutong tops Macedonia's bus procurement bidding

2010-03-03 09:13:35

China's Zhengzhou Yutong Group would supply 202 double-decker buses for the Macedonian capital's public transport system, the Transport Ministry said late Monday.

CDB lending to central SOEs up 48% in 2009

2010-03-03 09:11:46

China Development Bank (CDB) lent 261.3 billion yuan ($38 billion) to country's centrally-administered state-owned enterprises (SOEs) in 2009, up 47.8 percent year-on-year, CDB said in a statement Tuesday.

Daimler, BYD in China electric car partnership

2010-03-02 15:41:47

Daimler AG says it has signed a memorandum of understanding with China's BYD Co to develop jointly electric vehicles for the fast-growing Chinese market.

Real estate developer Vanke capitalizes on growth

2010-03-02 10:45:02

China Vanke Co, the country's biggest property developer by market value, said on Monday its 2009 profit rose 32 percent to 5.33 billion yuan ($776 million), thanks to soaring real estate sales and prices last year.