China to put 200b yuan in railway projects

2012-07-23 16:26:24

The railway infrastructure projects are expected to attract 200 billion yuan investments, including private capitals, by 2015.

Proview lawyers sue over iPad legal fees

2012-07-23 15:57:05

The law firm who represented Proview Technology (Shenzhen) in a dispute with Apple over ownership of the iPad name is suing its client for not paying $2.4 million in attorney fees, ifeng.com reported Monday.

Chinese automakers expand global reach

2012-07-20 17:26:28

Some Chinese auto brands have witnessed rapid global market expansion during the first half of this year, despite a weak global economy and sluggish domestic sales.

New Oriental responds to stock turbulence

2012-07-20 17:09:18

Yu Minhong, board chairman of the New Oriental Group, responded to the company’s stock turbulence on Thursday, news website Chinanews.com reported.

China has 60,000 billionaires 

2012-07-20 10:13:19

More than 50 percent of assets owned by wealthy Chinese stay in the form of currency and deposits, which means they are in dire need of finance management.

Voith to establish first China training center

2012-07-19 17:17:05

The German technological and industrial service company Voith Group announced on July 16 that they will establish the first training center in China to satisfy the rising demands of technology professionals.

HP to seize China PC market

2012-07-19 16:49:16

Hewlett-Packard will appoint Miriam Xiaohui as the company's new Imaging and Printing Group (China) CEO to take back its PC market share.

Tencent steps into domestic media group

2012-07-19 15:54:17

Tencent Holdings Ltd, China's largest Internet company by revenue, held shares of Caixin Media Company Ltd during Caixin's new round of financing

Revenue of China postal industry hits $15.5b

2012-07-19 15:50:07

China's postal industry revenue rose 24.4 percent year-on-year to 97.34 billion yuan ($15.45 billion) during the January-June period, said the State Post Bureau of China on July 18.

Kraft Foods invests $20.5 million in Beijing

2012-07-19 15:47:38

The world's snack powerhouse Kraft Foods Inc opened two production lines in its Beijing factory on July 17, an investment worth $20.5 million, announced Kraft on its website.

China ups US debt holding in May

2012-07-18 17:29:49

The Chinese mainland increased its holding of United States Treasury securities by $5.2 billion in May.

ADB to include RMB in trade finance

2012-07-18 17:14:40

The Asian Development Bank announced has decided to support deals denominated in renminbi and Indian rupee under its Trade Finance Program.