Chinalco, Rio Tinto set up China exploration JV
2011-06-02 13:40:37
Global miner Rio Tinto and state-owned Chinese aluminum producer Chinalco ALUMI.UL have established a joint venture to explore for new mineral deposits in China, they said on Wednesday.
Starbucks in deal with JV partner in China
2011-06-02 13:31:28
Starbucks Corp said it signed an agreement with its joint venture partner in South China, Maxim's Caterers Ltd that gives the world's largest coffee chain full control of more than half of its retail stores in the Chinese mainland.
China investigates 1,150 websites with sex-related drugs
2011-06-02 13:09:18
Chinese authorities have investigated a total of 1,150 websites offering illegal information on sex-related articles and drugs since the launch of a national crackdown some 40 days ago, the State Internet Information Office said Wednesday.
TCM company applies for EU product license
2011-06-02 13:03:57
A traditional Chinese medicine company based in northwest China's Gansu province on Wednesday applied for a product license from the Swedish drug administration, becoming the first traditional Chinese medicine producer to apply for a license in a European Union (EU) country.
China, Russia discuss pollution control for cross-border river
2011-06-02 13:02:17
Environmental authorities from China and Russia held a closed-door meeting Wednesday in Harbin, capital city of north China's Heilongjiang province, to discuss the rehabilitation of the polluted Songhua River, which flows into a Sino-Russian border river.
HK to implement chip-based technology for all ATMs
2011-06-02 13:01:37
The Hong Kong Monetary Authority (HKMA) announced Wednesday that all authorized institutions (AIs) in Hong Kong will implement the chip-based technology for all Automatic Teller Machine (ATM) services in Hong Kong.
Tainted drink companies banned
2011-06-02 12:58:43
The mainland's top quality watchdog issued a temporary ban on importing food from Taiwan enterprises identified as producing food with an illegal additive.
Demand for plastic bags remains strong
2011-06-02 12:58:06
The decision to outlaw the free distribution of plastic bags at shops and supermarkets in an attempt to protect the environment is still a hot topic three years after the ban came into effect, according to industry insiders.
Firms in Beijing plan pay hikes
2011-06-02 12:56:29
Almost every company in Beijing - Chinese and foreign-owned - have or will hike monthly salaries for workers during 2011, a survey has found.
Auto parts JV proposals spark debate
2011-06-02 11:05:51
The national guidelines on auto parts joint ventures for new-energy vehicles released in April have sparked heated discussions over the pros and cons of the proposed policy, according to industry sources.
Chery and Fuji Heavy close to Subaru deal
2011-06-02 11:03:20
Chery Automobile Co Ltd is in talks with Fuji Heavy Industries Ltd about a possible joint venture to produce Fuji Heavy's Subaru brand vehicles in China, according to insiders of the two parties.
No swell time for melon growers
2011-06-02 11:00:47
Reports of watermelons bursting from excessive amounts of a "swelling agent" have also popped the incomes of growers.