 Atlanta to China: We mean business
WASHINGTON - To most Chinese people, the city of Atlanta is known for hosting the Centennial 1996 Olympic Games, as the headquarters for big US companies such as Coca-Cola and CNN, or the major location in the famous novel turned into a classic movie, Gone with the Wind. |
SABMiller expands in China
SABMiller, the world's second largest brewer, moved to expand further in China on Tuesday by increasing its stakes to 100 percent in two brewers in the Zhejiang province for $47 million in cash, Reuter reported Tuesday. |
Companies reach Alipay agreement
TORONTO - Alibaba Group Holding Ltd reached an agreement with shareholders Yahoo! Inc and Softbank Corp over the spinoff of its Alipay unit that will give Alibaba as much as $6 billion if the business sells shares to the public. |
Alibaba, Yahoo, softbank reach agreement
The Alibaba Group said late Friday that the company and its major shareholders Yahoo! Inc. and Japan's Softbank Corp. have come to an agreement to settle a dispute over the status of Alibaba's popular online payment platform Alipay. |
E-commerce fostering changes in logistics industry
The booming consumer e-commerce market in China will lead to changes in the operational mode of the logistics industry, according to Roland Berger Strategy Consultants, the world's fifth largest consulting company, in a report released recently. |
Small firms set for relief from finance crunch
BEIJING - Small enterprises that have been facing capital shortages might get relief soon, if State-owned banks ease lending policies for such businesses, Hu Xiaoming, vice-president at Alibaba Group, said. |
City encourages purchase of green cars
The city of Changchun, known as China's "auto city", is planning to build charging facilities to encourage people to purchase electric clean-energy automobiles. |
Geely raises 1b yuan through bond sale
China's Geely Automobile has raised 1 billion yuan ($153.8 million) through a corporate bond sale aimed at financing the carmaker's development of core technologies on auto parts and auto electronic systems, company officials said Thursday. |
Hangzhou to play a role in a new round of development
When the government of Zhejiang is talking about developing a "marine economy", Hangzhou - the province's capital - is expected to have an adequate role to play in this new round of growth. |
High-tech science park gets big boost
The State Council approved a development plan that allows companies in the area to try out new measures and pilot projects. |
European cheddar eyes Chinese market
Tim Harrap, export manager of Adams Foods Limited, looks at the Chinese market with both reservation and anticipation. |
China's packaging industry sees booming year in 2010
China's packaging industry had a booming year in 2010 with a gross industrial output of 1.2 trillion yuan (about 183.9 billion U.S.Packaging companies in China's Pearl River Delta, Yangtze River Delta and Bohai Sea Region accounted for about 90 percent of the industry's gross output in China. |
Volvo's new plants aim to sell 200,000 cars in China in five years
Volvo Car Corp. announced Friday it will build two manufacturing bases in the west China city of Chengdu and northeastern Daqing over the next five years in an ambitious expansion that aims for car sales in China of 200,000 by 2015. |
Volvo opens China headquarters
Volvo Car Corporation inaugurated its China headquarters in Shanghai on Jan 25, 2011 to increase its presence in the Chinese market. |
Serving up e-commerce
As business models for online industry diversified, enterprises have attracted not only enough attention from the public, but also numerous investments at home and abroad. |
China's Geely now selling cars online
China's leading private-run carmaker, Zhejiang Geely Holding Group, began selling cars online Monday to tap into the purchasing power of the nation's hundreds of millions of netizens. |
Morgan Stanley, Hangzhou to launch yuan PE fund
Morgan Stanley has joined global buyout firms in a rush to tap China's booming private equity market. |
Alibaba.com enhances security measures
The online commerce operator Alibaba.com Ltd, partly owned by billionaire George Soros, is seeking to further improve the security and quality capabilities of its merchants. |
China's rubber sector stretched to the limit
Gilles Mangin has been doing business in China for two years. He and his two Chinese partners opened a factory in 2008 to produce 1 million rubber boots a year for the overseas market. |
Chinese auto sector gears up
Authorities move to boost sector with latest guidelines on M&A |
