Baotou to start rare earths trading exchange

2012-07-21 16:04:35

China's Baotou Steel Rare-Earth Hi-Tech Co Ltd will join six other firms to invest a total of $11 million to start a rare earths trading platform in early August.

Yingli taps Australian solar market

2012-07-21 14:08:05

A solar energy company based in Hebei province has recently registered a subsidiary in Australia, aiming to tap the fledgling market.

Volvo to recall 279 imported trucks in China

2012-07-21 09:55:29

Volvo (China) Investment Co Ltd will recall a total of 279 imported FM and FH trucks and chassis due to defects with heat shields.

ZTE leads in 4G wireless networks

2012-07-21 09:50:15

ZTE Corp revealed on Friday that it has gained an upper hand over rivals in the construction of fourth generation TD-LTE wireless networks globally.

The new iPad launched with little fanfare

2012-07-21 09:38:55

Apple Inc launched its new iPad tablet in the Chinese mainland market, this time without the overnight lines seen during the release of the iPhone 4S and the iPad 2.

Central SOEs profits down 16.4% in H1

2012-07-21 08:58:11

China's State-owned enterprises administered by the SASAC posted a net profit drop of 16.4 percent year-on-year in the first half of 2012.

Li Dongrong appointed deputy governor of PBOC

2012-07-20 17:35:02

China's central bank has promoted Li Dongrong to deputy governor in its latest reshuffle, according to a Friday statement on the bank's website.

Citic Securities says H1 profits down 24%

2012-07-20 13:32:10

Citic Securities Co, China's largest securities brokerage by asset value, announced Friday that its net profits in the first half will fall by 24 percent.

BOC launches Bangkok wealth management center

2012-07-20 13:25:28

The Bank of China, one of the largest commercial banks in China, introduced wealth management services to its customers in Thailand on Thursday.

Tencent acquires stake in Caixin Media

2012-07-20 13:24:47

Tencent, China's largest Internet company by market value, has acquired an undisclosed stake in Caixin Media, one of China's leading financial news providers.

China Pharm loses bid to toss vitamin C case

2012-07-20 13:19:47

China Pharmaceutical Group Ltd, along with its Weisheng Pharmaceutical unit, has lost its bid for dismissal of antitrust claims in a vitamin C price-fixing lawsuit.

Chinese, African firms sign $341m co-op projects

2012-07-20 11:22:17

More than 20 Chinese and African enterprises signed eight economic cooperation projects with a total investment of $341 million.