Blocking investment hurts US more than China
2012-10-19 15:50:50
Blocking investment from China will hurt the United States more than China, Ministry of Commerce spokesman Shen Danyang said Friday.
Huayi Brothers revenue up 70% in Q3
2012-10-19 15:25:11
Huayi Brothers Media Group Corp third-quarter revenue was 259 million yuan ($41.4 million), up 71.71 percent year-on-year, thanks to its box-office income growth.
Beijing Hyundai targets 1 trillion yuan revenue
2012-10-19 10:56:41
Beijing Hyundai Motor Company Corporation is expected to produce more than 10 million automobiles, and achieve accumulated revenue of 1 trillion yuan ($159 billion) by 2017, according to Xu Heyi, chairman of the company.
New Zealand deal bolsters Haier's technological edge
2012-10-19 10:56:09
The Chinese appliance maker Haier Group said on Thursday it will take a majority stake in the New Zealand-based Fisher and Paykel Appliances Ltd.
Media Markt offers online shopping services
2012-10-19 10:55:36
Media Markt, the German chain of stores selling consumer electronics with numerous branches throughout Europe and Asia, is now offering online shopping services in addition to its seven physical stores in Shanghai, although it stresses it will continue to focus on the physical stores.
BOC establishes partnership with NYSE Euronext
2012-10-19 10:48:32
Bank of China, the country's third-largest lender, said on Thursday that it has signed a Memorandum of Understanding with NYSE Euronext to jointly develop yuan-denominated products.
China initiates new exporter review for Nissan
2012-10-19 10:32:49
China has decided to initiate a new exporter review on anti-dumping and anti-subsidy measures imposed on autos made by Nissan North America, Inc.
Nestle to build two more R&D centers
2012-10-19 10:24:39
Nestle SA, the world's largest food company measured by revenue, announced plans on Thursday to build two more research and development centers in China.
New CNOOC oil fields begin operation
2012-10-19 10:07:03
China National Offshore Oil Corp Ltd, China's largest offshore oil producer, has started the production at two of the company's newest oil fields in the South China Sea.
French sports brand planning to triple Chinese stores by 2015
2012-10-19 09:50:47
Bertrand Tison, vice-president of Decathlon China, said the firm is targeting 150 stores on the Chinese mainland by the end of 2015, with most being planned in second- or third-tier cities.
China Life warns on profits, shares slide
2012-10-19 09:40:54
China Life issued a profit warning that signaled its first quarterly loss since 2008 and sent its Hong Kong-listed shares down as much as 4 percent.
Apple's plans for China bearing fruit in new store
2012-10-19 09:06:30
The biggest Apple store in Asia will open on Saturday in Beijing and a new Shenzhen Apple store will soon follow, a senior Apple Inc official said.