Outbound M&A activity on the rise
2013-01-08 13:05:48
Chinese outbound mergers and acquisitions activity is expected to increase this year, partly supported by the continued implementation of the country's 12th Five-Year Plan.
Mainland consortium invests big in Taiwan port
2013-01-08 10:04:27
Three shipping heavyweights from the Chinese mainland have agreed to invest $135 million in a key port in Taiwan.
Major steel companies see strong Nov profits
2013-01-08 09:30:49
China's 80 largest steel makers generated a profit of 3.28 billion yuan ($526.42 million) in November, but their revenue for the year to remain in the red.
Lenovo launches Horizon Table PC
2013-01-07 17:12:37
Lenovo showed its most important new product of the year, the IdeaCentre Horizon Table PC, on the pre-exhibition unveiled to media.
VW cars recalled in Taiwan
2013-01-07 17:12:20
Volkswagen voluntarily recalled its products from Taiwan consumers on Dec 27, 2012 because of Direct-Shift Gearbox problems, China Youth Daily reported Thursday.
China's top gold producer's sales up 27% in 2012
2013-01-07 17:05:50
China National Gold Group Corp said Monday that its sales reached 100.6 billion yuan in 2012, up 27.1 percent from 2011.
360buy splits group buying business
2013-01-07 17:00:19
China's second-largest business-to-customer e-commerce website by revenue, 360buy.com, said it will spin off the group buying business into a separate business unit.
New central SOEs merger deal announced
2013-01-07 16:51:15
China may speed up its pace of integrating central State-owned enterprises as it announced it will merge two central SOEs, reducing the total number of such companies to 116.
Quality watchdog keeps eye on VW
2013-01-07 16:19:20
An official from China's quality watchdog has said in an interview the administration is closely monitoring the quality of Volkswagen's direct-shift gearboxes.
Huawei expects net profit to increase 30% in 2012
2013-01-07 15:54:21
Huawei, China's largest maker of telecom equipment, expects a net profit of $2.4 billion in 2012, up about 30 percent from a year earlier.
Chinese company buys into US shale oil and gas assets
2013-01-07 15:14:22
A private Chinese company, Lanzhou Haimo Technologies, signed a deal with Houston-based Carrizo Oil & Gas to buy into the American company's shale oil and gas assets in Colorado.
China's wellspring of demand
2013-01-07 10:43:27
Paris-based Suez Environnement plans to invest more in China, where environmental protection and sustainable development are becoming the top priorities.