Samsung concedes some abuse in factories
2012-09-06 07:49:34
Samsung has acknowledged labor abuses at its factories in China and vowed to immediately overhaul all of its suppliers in the country.
NVC founder strikes back
2012-09-05 16:53:18
Wu Changjiang, founder and former chairman of NVC Lighting Technology Corp, will return to the company and lead a temporary commission.
GM sets new Aug sales record in China
2012-09-05 16:53:10
US automaker General Motors said on Wednesday that it has set a new August sales record in China.
Owens Corning's China center opens
2012-09-05 16:51:18
Owens Corning's China Composites Center started its operations in Shanghai on Sept 4.
Chinese firm sued for fake sales of weight-loss product
2012-09-05 10:18:47
The US Securities and Exchange Commission on Tuesday charged China Sky One Medical Inc and its boss with fraud for allegedly blowing up the company's revenues by recording phony sales of a weight-loss product.
Moutai gains on plan to raise liquor prices
2012-09-05 10:06:57
Kweichow Moutai Co, China's largest maker of baijiu liquor, posted the biggest gain in almost two years in Shanghai trading after saying it plans to raise prices.
Drugs giant plans bond sale to repay debt
2012-09-05 09:59:54
Sinopharm Group Co is planning its largest-ever bond sale to repay more-expensive loans and fund expansion in a healthcare market forecast to triple in size this decade.
China Eastern to expand on overseas travel
2012-09-05 09:49:15
China Eastern Airlines Corp will accelerate capacity growth in the second half to 10 percent as it adds new planes and boosts international services.
China Vanke sales up 8.3% in August
2012-09-05 09:37:24
Sales revenue at China Vanke Co, the country's largest property developer by market value, increased 8.3 percent year-on-year to 11.35 billion yuan ($1.79 billion) in August.
China Unicom launches ‘Smart City’ strategy
2012-09-04 16:03:21
China Unicom (Hong Kong) Ltd announced its “Smart City” strategy on Tuesday, which aims to provide mobile applications and services to facilitate people’s lives, as well as the operations of companies and local governments in several Chinese cities.
Samsung to make on-site inspections on all Chinese suppliers
2012-09-04 13:30:35
South Korean tech behemoth Samsung Electronics said Tuesday that it will make on-site inspections on all 105 suppliers in China by the end of September.
CIC sells most of its BlackRock stake: report
2012-09-04 13:26:26
China Investment Corp has sold most of its stake in BlackRock Inc, as part of a wider strategy to trim holdings in global financial institutions, the Financial Times reported on Monday.