Capgemini China buying PraxiSolution to expand services

2011-06-25 10:30:07

Consultancy company Capgemini China announced Friday that it has taken over PraxiSolution, a Chinese consultancy firm, underscoring its desire to break into the country's electrical power market.

The man who monitors the management

2011-06-25 10:29:20

Joe Fuller, an international management consultant, says many Chinese companies are still looking for a "safe harbor" after surviving the maelstrom of the economic crisis.

China supports IEA's release of oil reserves

2011-06-25 09:54:38

China's National Energy Administration (NEA) said on Friday that China appreciates and supports the International Energy Agency's (IEA) decision to release strategic oil reserves to ease supply disruptions in Libya.

Markets rally on Wen's comments

2011-06-25 09:54:06

Stocks on the Chinese mainland rallied the most in four months on speculation the central bank will refrain from raising interest rates after Premier Wen Jiabao said efforts to stem inflation have worked.

Commerce chief to make clean energy a priority

2011-06-25 09:53:41

US President's selection of John Bryson, a former utility executive from southern California, as commerce secretary, highlights the White House's desire to develop clean and renewable energy industries in the United States and foster a stronger partnership with China in the energy sector.

Chrysler to build more vehicles in Chinese factories

2011-06-25 09:46:16

Chrysler Group LLC is "aggressively" exploring the possibility of building more vehicles in China, where the company is on track to sell 40,000 cars and trucks this year, an executive said on Thursday.

Carrefour signs direct-supply memo

2011-06-25 09:26:56

Carrefour SA China signed a strategic memorandum with the Ministry of Agriculture in Beijing on Friday, a move in line with the Chinese government's eagerness to tame rising inflation.

Cyma will not bide its time in China

2011-06-25 09:26:41

As part of its strategy to move into China's second- and third-tier cities, Cyma SA aims to expand sales of watches designed especially for the Chinese market to 500 in the next five years.

Official refutes Guangdong bankruptcy claims

2011-06-25 09:14:17

The official overseeing Guangdong's small and medium-sized enterprises (SME) denied on Thursday that sweeping SME bankruptcies are taking place in the province.

Airlines slash prices to beat trains

2011-06-25 09:13:21

Airlines linking Beijing, Shanghai and cities between the two cities have been searching for ways to prevent passengers from flowing onto the new high-speed line that will start operation on June 30.

Nuke approvals may resume

2011-06-25 09:12:24

China could resume the approval process for new nuclear power projects by mid-2012, a senior nuclear expert said on Thursday.

Trade zone to boost DPRK economy

2011-06-25 09:00:45

A free-trade area and a tax-free zone will be set up as part of the first special economic zone straddling the Chinese mainland and the Democratic People's Republic of Korea.