China's insurer to attract overseas investors
2012-12-07 10:57:27
China United Property Insurance Co, specializing in agriculture, plans to bring in international investors to boost competitiveness.
Apple to return some Mac production to US in 2013
2012-12-07 10:42:04
Apple Inc plans to move some production of Macintosh computers to the United States from China next year, a test of the nascent comeback in US electronics manufacturing.
Two private firms win 2nd round shale gas bidding
2012-12-07 09:52:47
Two Chinese private firms along with 14 State-owned enterprises won the country's second round auction of exploration rights for shale gas blocks.
New railway construction firm set up
2012-12-06 17:48:41
China Railway Construction Corp (International) Ltd was established by China Railway Construction Corporation Limited with an investment of 3 billion yuan.
AIA to develop its insurance business
2012-12-06 16:21:25
AIA Group, one of world's top 10 insurers, will strengthen its protection-oriented insurance business in China to meet market demand, said Mark Tucker, its executive director, on Thursday in Shanghai.
ZTE gets $20b credit line extended by policy bank
2012-12-06 15:23:27
ZTE Corp, China's second-largest telecom equipment maker, has had its $20 billion credit line extended by China Development Bank Corp to help fund overseas projects. The five-year facility covers loans and financing such as guarantees, bills and letters of credit, according to a company filing on Tuesday. The line is in addition to a $15 billion facility received in 2009 from CDB, ZTE spokeswoman Jiang Tao said.
Nokia to sell Windows-based phone via China Mobile
2012-12-06 13:46:07
Nokia Oyj, the Finnish mobile-phone maker attempting to win back customers lost to Apple Inc's iPhone and devices using Google Inc's Android, has unveiled a version of its flagship smartphone for China's largest wireless carrier.
China Mobiler to launch Internet firm, branded phones
2012-12-06 13:37:35
China Mobile confirmed that it is preparing to set up a mobile Internet company, as well as develop its own self-branded mobile phones.
China diners say more than economy hurting KFC
2012-12-06 13:29:30
A slowdown in China's economy is not the only strain on Kentucky Fried Chicken's business in the country, where competition is getting tougher.
China Southern inks Airbus A330 purchase
2012-12-06 11:50:24
China Southern Airlines Co Ltd said on that it had signed an acquisition agreement with Airbus SAS to buy 10 A330-300 aircraft.
Global natural gas demand to double by 2050: Shell
2012-12-06 11:40:01
Royal Dutch Shell Plc has estimated China's consumption will soar especially, bringing the company major opportunities.
Chinese, Russian banks ink financial co-op deal
2012-12-06 11:17:43
The China Development Bank and Russia's Sberbank signed an agreement Wednesday, with the aim of pushing forward financial cooperation between the two countries.