Auto JVs to benefit from cheap EU imports

2010-05-27 09:46:09

PSA Peugeot Citroen and Volkswagen AG's joint ventures in China will benefit as a weaker euro reduces the cost of components imported from Europe, Nomura Holdings Inc analysts said.

Operations begin at Sinopec petrochem plant in Tianjin

2010-05-12 09:54:37

Sinopec, China's largest refiner, officially put into operation a 34-billion-yuan ($4.98 billion) petrochemical complex in Tianjin on Tuesday, a move designed to tap growing demand for fuel oil and chemicals.

Aerospace firm wins C919 deal

2010-04-23 10:47:15

US Aerospace firm Hamilton Sundstrand said it has won a $1 billion long-term contract to provide the electric power generation and distribution systems for China's first single-aisle C919 aircraft, beating rivals including General Electric Co.

China mining firm to invest in Zambia venture

2010-04-14 16:45:16

China Nonferrous Metal Mining (Group) Co Ltd (CNMC) will invest $600 million in mining projects in Zambia, said an executive of the company.

WellPoint scouts for JV partner

2010-04-14 11:42:47

WellPoint Inc, the US largest health benefits provider by membership volume, is scouting for a joint venture partner to set up a health insurance firm in China, the company's top executive said on Tuesday.

Toyota owners get recall compensation

2010-04-08 03:30:13

So far, 251 Toyota owners in east China's Zhejiang Province have received compensation from the Japanese automaker to cover expenses incurred in January's recall.
Toyota allegedly sells uncertified auto parts to China

Toyota allegedly sells uncertified auto parts to China

2010-04-08 00:11:33

Over 1,700 kinds of uncertified auto parts have been found in two Toyota stores in Yiwu City, east China's Zhejiang Province, local authorities said Wednesday.

KFC in dispute over discount coupons

2010-04-07 22:29:58

Usually bustling KFC restaurants in Nanjing, capital city of eastern China's Jiangsu Province, were quiet with only a few customers, as disputes over the fastfood chain's suspension of discount-coupons continued into the second day.

GM steers China sales to new heights

2010-04-03 09:25:34

General Motors Co's China sales rose to a record in March, surpassing its US deliveries for a third straight month and cementing the country's importance as the world's largest auto market.

Milestone merger reshapes Suzuki

2010-03-29 09:26:38

Japanese automaker Suzuki Motor Corp's two joint ventures in China are expected to soon be combined into a single entity after a milestone merger between its Chinese partners.

UBM Asia joins hand with Trust to organize Sign China

2010-03-05 17:16:34

UBM Asia Ltd, a fully-owned subsidiary of London-based United Business Media Limited, announced Friday that it has formed a 70-30 joint venture with Trust Exhibition Co Ltd, the organizer of Sign China, to jointly develop the international advertising industry show.

'Monster' job site heavyweight help to ChinaHR

2010-03-04 13:10:29

In 2008 the US-based online job company Monster Worldwide Inc made headline news when it acquired all of ChinaHR.com, paying $174 million for a remaining 55 percent stake in the Chinese recruitment site.