Samsung launches $7b Xi'an high-tech factory
2012-09-13 10:03:50
Construction of the first phase of Samsung's NAND flash plant in Xi'an, Shaanxi province, involving a total investment of $7 billion, kicked off on Wednesday.
Haier chief calms fear over Fisher & Paykel future
2012-09-12 17:14:26
A senior executive of Chinese electrical appliance giant Haier Wednesday moved to calm fears over jobs and manufacturing bases of one of New Zealand's oldest and most reputable whiteware makers as Haier moves ahead with a takeover bid.
Samsung begins construction of chip plant
2012-09-12 16:44:54
Samsung Electronics Co, the world's largest maker of memory chips, started construction on its semiconductor plant Wednesday in Xi'an, capital of northwest China's Shaanxi province.
Olympic ideal helps companies go global
2012-09-12 16:39:16
Chinese companies should learn from the International Olympic Committee when expanding overseas market, said Feng Jun, chairman of Aigo Digital Technologies Co Ltd.
China's Haier makes takeover bid for NZ firm
2012-09-12 16:37:56
Chinese home appliance giant Haier Group has made a full takeover offer on New Zealand's Fisher & Paykel Appliances, highlighting a recent buying spree by Chinese companies seeking to expand in overseas markets.
Dangdang cashes in on e-books
2012-09-12 11:26:06
E-commerce China Dangdang Inc, a major online shopping website in China, expects the number of e-books sold on it to surpass that of paper books in three years, Dangdang Chief Executive Officer Li Guoqing said on Tuesday.
Emirates NBD opens Beijing office
2012-09-12 11:24:35
Dubai-headquartered Emirates NBD bank has opened its first office in China as trade between the United Arab Emirates and China continues to grow.
CSR wins boost overseas income
2012-09-12 11:14:31
China South Locomotive & Rolling Stock Co Ltd, the country's largest manufacturer of rail carriages, has won seven projects worth 5.41 billion yuan ($853 million), including two contracts with foreign companies.
Haier to buy all of NZ firm's shares
2012-09-12 10:45:28
Haier Group, a home appliance company, announced on Tuesday that it wants to buy all shares in Fisher & Paykel Appliances Holdings Ltd that it does not already hold for NZ$1.20 ($0.97) apiece.
Ailing steel industry cheered by construction projects
2012-09-12 10:41:06
A new report has outlined just what a massive boost could be given to China's ailing steel industry from the recent approval of 60 new projects worth more than 1 trillion yuan ($157.8 billion) by the National Development and Reform Commission.
Huawei to invest $2b to expand UK operation
2012-09-12 10:13:36
Huawei Technologies planned to invest $2 billion to expand its operation in Britain in the next five years and the move is expected to create up to 700 new jobs.
China's Haier bids for NZ's Fisher & Paykel
2012-09-11 17:38:11
Chinese electrical appliance giant Haier Tuesday officially made an offer for a full takeover of one of New Zealand's oldest and most reputable whiteware manufacturers.