Geely to build powertrain manufacturing center in Ningbo
2013-03-01 16:42:01
Chinese carmaker Geely is expected to invest 2.5 billion yuan ($398 million) to build its largest powertrain manufacturing center in the coastal city of Ningbo, according to an agreement signed between Geely and the local government on Thursday.
Citibank vows to boost local credit card business
2013-03-01 12:20:32
Citigroup Inc, the New York-based financial giant, will make development of its credit business a top priority in the Chinese market this year.
L'Oreal scents success despite slowed growth
2013-03-01 12:20:16
L'Oreal, the world's largest cosmetics and beauty company, has recorded its 12th consecutive year of double-digit growth in China, reaping 12.05 billion yuan ($1.91 billion) in revenue in 2012.
BYD's profit slumps as sales disappoint
2013-03-01 11:12:55
Despite China's slowing but still growing automobile market, domestic battery and car manufacturer BYD Co Ltd experienced a continuous sales decline in the past three years, as well as a record dip in revenue and profits.
US firms in China set for greater competition ahead
2013-03-01 10:19:37
Profitability and sales are harder to come by in China as US firms face increasing competition from domestic and foreign players.
Volvo appoints senior vice president for China operations
2013-03-01 10:18:12
Volvo Cars announced on Thursday that it had appointed Lars Danielson as Senior Vice President for Volvo Cars China Operations, succeeding Freeman Shen, who had held the position since 2010.
ZTE puts the accent on North America
2013-03-01 10:09:43
ZTE Corp, the Chinese telecom equipment and mobile phone vendor, has underlined the importance of the North American market by spinning off a separate business group dedicated to the region.
State Grid to link with more types of energy
2013-03-01 10:02:44
China will allow more types of electricity to be connected to the national grid free of charge, a move aimed at improving the energy-saving industry and reducing carbon emissions.
ZTE puts the accent on North America
2013-03-01 07:01:14
ZTE Corp, the Chinese telecom equipment and mobile phone vendor, has underlined the importance of the North American market by spinning off a separate business group dedicated to the region.
Tencent further taps Indonesian market
2013-02-28 17:49:56
Tencent has set up a joint venture with Indonesia largest media company PT Global Mediacom to further explore the country vast Internet service potential.
Haier helps F&P grow
2013-02-28 15:06:13
Haier announced a raft of new jobs as it expands the research and development arm of Fisher &Paykel Appliances.
Haier delivers on pledge to keep NZ brand
2013-02-28 14:38:32
Haier announced a raft of new jobs as it expands the R&D arm of the iconic New Zealand subsidiary of Fisher&Paykel Appliances.