China's AVIC investing big in engine research
2012-11-15 10:43:26
Aviation Industry Corp of China is to invest 10 billion yuan ($1.58 billion) in engine research and development.
COFCO sows seeds of further overseas growth
2012-11-15 09:49:47
China National Cereals, Oils and Foodstuffs Corp, or COFCO, plans to accelerate its expansion program abroad to meet growing demand at home.
Online retailer posts higher-than-expected earnings
2012-11-15 09:26:24
China's leading online flash sales retailer, VIPshop Holdings Ltd, said its net revenue in the third quarter topped $155.9 million, up 197 percent.
Flights to Australia prove popular
2012-11-14 16:35:15
China Eastern Airlines saw an 80 percent occupancy rate for its new direct flight linking Shanghai and Cairns in Australia.
BOC given 3.1b yuan credit quota
2012-11-14 16:01:29
Bank of China has been given a quota of 3.1 billion yuan in a pilot program of the nation’s credit asset-backed securitization. It amounts to a total value of 50 billion yuan.
Apple appeals China Encyclopedia copyright ruling
2012-11-14 15:30:53
Apple Inc has appealed against a court ruling which ordered the US electronics giant to pay 520,000 yuan for copyright infringements.
Dassault Falcon opens China branch
2012-11-14 14:14:58
French jet maker Dassault Falcon on Wednesday announced that it has opened a subsidiary company in Beijing to boost the company's presence in China.
Li & Fung to buy apparel maker
2012-11-14 13:52:10
Hong Kong's Li & Fung Group is in talks to acquire South Korean children's apparel maker Suhyang Networks for roughly 200 billion won ($183.73 million).
AVIC taps capital market for growth
2012-11-14 13:42:16
Aviation Industry Corporation of China plans to raise more money in the mainland and Hong Kong stock markets to bankroll future growth and develop its first top-of-the-line jet engine.
Airbus to assemble new model at China factory
2012-11-14 13:37:03
Airbus SAS said it expects to build the planned A320neo jet in China, as the plane-maker holds discussions about extending the life of its first assembly line outside Europe.
Saudi Arabian Oil launches affiliate in Beijing
2012-11-14 13:36:11
The Saudi Arabian Oil Co, the integrated global petroleum and chemicals enterprise, announced on Tuesday the official opening of Aramco Asia in Beijing, a move that shows the strategic importance of the Asian market to the company.
PepsiCo opens research center in China
2012-11-14 13:35:49
PepsiCo Inc, the world's second-largest soft-drink maker, opened its largest research center outside the US in China on Tuesday, as it seeks to boost sales in the world's most populous country and the Asian region.