Hon Hai plans to open retail store in Kunming

2011-02-25 10:14:01

Multinational electronics manufacturer Hon Hai Precision Industry Co is investing one billion yuan ($152 million) to open a CyberMart-branded store in Kunming to test the water in digital retailing.

Volvo plans Chengdu assembly plant

2011-02-24 11:10:21

Volvo Cars Corporation, the automaker acquired by Zhejiang Geely Holding Group Co last year, will build its first Chinese assembly plant in the city of Chengdu, a person with direct knowledge of the plan said.

Anshan Steel to set up JV with British Stemcor

2011-02-23 10:01:41

China's Anshan Iron & Steel Group Corp. has inked a deal with British Stemcor to set up a joint venture, an official of the Chinese company said Tuesday.

Renren.com plans $500m US IPO: report

2011-02-21 14:06:12

Renren.com, Chinas largest social-networking service, is seeking a US initial public offering (IPO), Bloomberg News reported on Monday.

Kirin to sell Dalian brewery's stake

2011-02-15 13:11:05

Kirin Holdings will sell its entire 25 percent stake in Dalian Daxue Brewery to Anheuser-Busch InBev for an undisclosed amount as the Japanese beer maker reorganises its production in China, the Reuters reported on Tuesday, citing the company's spokeswoman.

GLG Life's China JV gets production, sales license

2011-01-26 11:16:27

Canadian sweetener maker GLG Life Tech Corp said its Chinese joint venture received a national license to produce and sell zero-calorie beverage and food products in the Asian country.

PetroChina,INEOS announce new JV in Europe

2011-01-11 09:21:23

PetroChina Company Limited, China's largest oil producer, announced on Monday that its subsidiary has entered into a framework agreement with subsidiaries of INEOS Group Holdings plc for a new trading and refining joint venture in Europe.

Singapore's UOB unit forms fund JV in China

2010-12-30 14:54:01

Singapore's United Overseas Bank Limited (UOB) said its asset management unit had been approved to set up a joint venture fund management firm with China Ping An Trust Co Ltd and Sanya Yingwan Tourism Co Ltd, Reuters reported Thursday.

Stock market sags on car-sale, credit worries

2010-12-25 11:04:10

Stocks fell, driving down the benchmark index for a sixth week out of seven, on concerns a cash shortage will make it difficult for companies to borrow for expansion and new regulations in Beijing may limit car sales.

Bharat Forge expects China venture to post annual profit

2010-12-23 15:01:19

Bharat Forge Ltd, India's biggest automotive forgings maker, expects its China venture to post an annual profit for the first time since it began four years ago, Bloomberg News reported Thursday.

Guangqi Honda plans Everus sales in 2011

2010-12-20 17:18:42

Guangqi Honda Automobile Co Ltd, a Chinese joint venture between Japan's Honda Motor and Guangzhou Automobile Group, will begin selling its Everus brand in the first half of 2011, Reuters reported Monday, citing the company's executive vice-president Yao Yiming.

Ford sees China's JV breaking selling record

2010-12-20 14:38:09

Ford Motor expects its China car venture to sell a record 305,000 Ford brand vehicles this year, up 32 percent from a year earlier, Reuters reported Sunday, citing a senior company executive.