Shantou Airlines bets on Yiwu
2013-01-28 16:08:42
Shantou Airlines Ltd, an affiliate of Guangzhou-based China Southern Airlines Co Ltd, has moved one-third of its transportation capacity to Yiwu, a county-level city in Zhejiang province.
Dongfeng and Volvo to set up joint venture
2013-01-28 15:11:29
Dongfeng Motor Group Co Ltd and AB Volvo signed an agreement in Beijing on Jan 26 to establish a joint venture.
Li-Ning to raise $241m via convertible securities
2013-01-28 15:01:16
Chinese sportswear giant Li-Ning Co Ltd plans to issue convertible securities to raise up to 1.87 billion Hong Kong dollars ($241 million) to optimize its branding and capital structure.
BAIC Group's own brand sales weak
2013-01-28 14:19:41
Local Chinese automaker BAIC Group published its 2012 sales figures on Jan 16, showing that the automaker's accumulative sales in 2012 amounted to 1.7 million units.
Samsung investing big in Jiangsu plant
2013-01-28 10:56:17
Samsung Electronics will invest $1.7 billion in its plant in east China's Jiangsu province.
Volvo to be largest truck maker
2013-01-28 10:00:47
Swedish truck manufacturer AB Volvo will be the largest heavy truck manufacturer in the world after signing an agreement with Dongfeng Motor Group.
Pico to focus on Asia to offset US, Europe weakness
2013-01-26 15:43:36
Pico Far East Holdings Ltd, a Hong Kong-based exhibition and event marketing services provider, plans to focus its resources in Asia.
Li Ning shares dive 14% on fund-raising plan
2013-01-26 15:42:29
Shares of Li Ning Co Ltd fell more than 14 percent on Friday after the sportswear brand said it would issue up to HK$1.87 billion in convertible securities to fund its restructuring.
Renault recalls cars over possible wheel jams
2013-01-26 15:35:04
Renault Group (Beijing) Ltd started to recall some of its imported Koleos vehicles on Friday, China's quality watchdog said in an online statement.
China automaker to recall defective school buses
2013-01-26 10:53:28
A Chinese auto manufacturer will recall nearly 100 school buses with defective parts amid tight government safety checks.
Chief's self-styled approach pays off
2013-01-26 09:33:41
Ji Wenhong started his career as an exporter in Shenzhen in 1992, but now his new role is an importer, as CEO of China's global online fashion reseller Xiu.com Inc.
ICBC sets up subsidiary in Sao Paulo, Brazil
2013-01-25 17:20:40
Industrial and Commercial Bank of China Ltd, the world's largest lender by market value, said on Friday it has set up a subsidiary in Sao Paulo, Brazil, Latin America's largest economy.