Toyota sales in China slumped 45.7% in Feb

2013-03-04 16:32:43

The sales in China of Japan's largest automaker, Toyota Motor Corp, slumped 45.7 percent year-on-year to 36,300 vehicles in February.

CIC saw 10.6% investment return ratio in 2012

2013-03-04 15:55:44

China Investment Corporation, China's sovereign wealth fund, registered a 10.6 percent return ratio on its investments last year.

Alibaba may launch credit payment service for mobile buyers

2013-03-04 15:46:50

Alibaba Group Holding Ltd, China's biggest e-commerce company by transaction volume, will likely launch an online credit payment service in some parts of China, Caijin.com.cn reported on Monday.

Porsche vies for consultancy market share in China

2013-03-04 15:46:10

Porsche Consulting GmbH, a subsidiary of Porsche AG, opened a branch in Shanghai on Thursday, in a bid to tap into China’s consultancy market.

Shiseido sunscreen falls into cadmium crisis

2013-03-04 15:14:20

A batch of Shiseido sunscreen imported fromJapantoChinawas found to contain cadmium and has now been destroyed.

Cadillac mapping out new route to fast lane

2013-03-04 07:51:43

Planning new models and facilities, premium US brand Cadillac wants to enter the fast lane in China and triple its sales in three years.

COSCO confident of returning to profitability in 2013

2013-03-04 10:59:14

China Ocean Shipping (Group) Company (COSCO), the country's largest shipping firm which suffered heavy losses in the past two years, is confident of returning to profitability in 2013, its president Ma Zehua said.

Boeing secures Air China orders for 747-8 aircraft

2013-03-04 07:51:00

Air China Ltd, the nation's biggest carrier by market value, agreed to buy two Boeing Co 747-8 aircraft in the airplane maker's first sale of the models this year.

Auto glass maker looks to Europe, S America

2013-03-04 07:02:34

Fuyao Glass, the world's second-largest auto glass maker by sales, expects to see strong overseas sales growth in the years ahead with Europe and South America leading the way.

Boeing expects deliveries to soar by 60% in 2013

2013-03-02 10:10:38

Boeing Co is expected to increase its deliveries to China by 60 percent this year, the head of its operation in the country said on Friday, with orders for its full range of aircraft, including its troubled 787 Dreamliner jet.

Ontario firms clinch deals worth $800m in latest China mission

2013-03-02 01:01:43

Ontario's numerous trade missions to China are paying off with the province's leading clean technology companies cashing in on Chinese efforts to keep its environment clean amidst its rapid development and robust economy.

Chinese power firm's emissions trading reaps millions

2013-03-01 17:10:38

A Chinese power generating firm announced on Friday that it received 278 million yuan in 2012 through participating in an emissions trading scheme that forms part of the Kyoto Protocol.