Google deal could boost Motorola

2011-08-17 10:32:39

Google Inc's purchase of Motorola Mobility Holdings Inc for about $12.5 billion could give a boost to Motorola's handset business in China, while possibly pushing phone makers to adopt other mobile operating systems instead of Google's Android platform.

Phone pirates 'upgrade' to make copycat tablets

2011-08-17 13:57:31

Falling prices for real smartphones is putting such pressure on copycat cell phone makers that many are moving into China's tablet computer market.

Tudou uses US IPO to raise funds

2011-08-17 10:22:20

Tudou Holdings Ltd, China's second-biggest video website, is attempting a US initial public offering at a 62 percent discount to larger rival Youku.com Inc after equities plunged this month.

'Dim Sum' goes on the menu to feed investors

2011-08-17 09:23:35

One year after the Hong Kong and the mainland monetary authorities further relaxed restrictions on yuan transfers, the city's yuan-denominated bond market has become the talk of the town.

Minsheng Banking H1 profits rose 57%

2011-08-17 09:20:04

China Minsheng Banking Corp said Tuesday its first-half profits surged 56.98 percent to a record amount due to rising incomes from loans and fees.

Equities drop for first time in five days

2011-08-17 09:19:09

Stocks on the Chinese mainland fell, dragging the benchmark index down for the first time in five days on concern the slowdown in the world's second-biggest economy is failing to cool inflation.

Xtep looking for acquisitions in clothing, footwear

2011-08-17 10:28:01

Xtep International Holdings Ltd, a Chinese sportswear maker partly owned by the Carlyle Group, is looking for acquisitions in the clothing and footwear industries to boost production and expand distribution.

Tunhe, Unilever seek sustainable growth

2011-08-17 10:23:28

China Oil & Foodstuffs Corp (COFCO) Tunhe Co Ltd said it is working with Unilever (China) Co Ltd to improve irrigation systems in its tomato fields in Xinjiang Uygur autonomous region.

Shanghai Pharma looks overseas

2011-08-17 10:00:36

Shanghai Pharmaceuticals Holding Co, which has almost $2.5 billion in cash, may make its first acquisition outside China by the end of the year, spurred by a plunge in pharmaceutical stocks and a stronger yuan.

Oil spill firms to face legal action

2011-08-17 08:55:29

China's maritime watchdog said that it plans to sue ConocoPhillips China for oil spills in Bohai Bay that caused widespread environmental damage.

Conference Board sees soft landing

2011-08-17 09:46:07

China will achieve a "soft landing" even as growth moderates after the government tightened monetary policy, The Conference Board Inc said as its main indicator for the economy rose.

Consumer sectors a draw for Japan

2011-08-17 09:30:16

China's consumption-related sectors, including vehicles and electronic equipment, are set to experience strong growth in investment from Japan, a senior Japanese economic and trade official told China Daily.