Experts laud Bright Food's purchase of Weetabix

2012-11-08 09:31:52

Analysts have praised Chinese food and beverage manufacturer Bright Food's acquisition of the Weetabix Food Company, a British breakfast cereal producer.

Domestic automakers join hands to seek breakthrough

2012-11-08 09:31:30

China's domestic automakers have begun to seek cooperation with local peers to sharpen their competitiveness in developing home-grown brands.

AT&S to expand investment in China

2012-11-08 09:19:08

Austria Technologie & Systemtechnik AG has seen great business opportunities in the Chinese market and will expand its investment in China.

BOC remains global important financial institution

2012-11-07 15:31:15

Bank of China Ltd was selected again as a global systemically important financial institution by the 20 Group executive body of the Financial Stability Board.

ChemChina may end CNOOC deal

2012-11-07 14:48:24

China National Chemical Corporation has been granted approval for a quota of 10 million tons of crude oil imports, mainly to supply its oil and gas companies.

FedEx opens new center in Shenzhen

2012-11-07 08:33:36

FedEx Express Corp, one of the world’s largest courier delivery services companies, opened on Tuesday its fifth international services center in Shenzhen, to boost its local operations network and meet growing customer demand.

Firms look to UK railway projects

2012-11-07 08:32:29

Top Chinese contractors are looking to take part in railway projects in the UK, seeing that as a way to promote their brands in developed economies.

Guangzhou Auto and Chery sign agreement

2012-11-07 08:31:22

Two of China's State-owned carmakers, Guangzhou Automobile Group Co and Chery Automobile Co, have agreed on a landmark deal in an effort to boost sales and cut costs.

Bright Food to make Weetabix best-known in Asia

2012-11-07 08:30:11

China's Bright Food Group Co Ltd is pledging to sell and promote the breakfast cereal Weetabix in China and the rest of Asia using its existing distribution channels and experience.

Central Huijin eyes role as active shareholder

2012-11-07 10:56:57

Central Huijin Investment Ltd, an arm of the $300 billion sovereign wealth fund China Investment Corp, will continue to play a big role in financial reform by buying stakes in State-owned financial institutions as "an active shareholder", Chairman Lou Jiwei said.

China's car market promising: Audi chairman

2012-11-07 10:56:26

A top official of Audi AG said Tuesday that China's car market is full of potential and its sales are expected to continue to flourish.

Mazda's China sales halved in Oct

2012-11-06 17:29:44

Japanese automaker Mazda has been badly hit by the recent tension between Japan and China, with new car sales in China nearly halved in October from a year ago.