China Unicom offers $10 iPhone plan amid rivalry

2011-05-26 07:56:51

China Unicom (Hong Kong) Ltd, the country's second-biggest mobile-phone operator, offered a cheaper iPhone package amid rising competition with larger rival China Mobile Ltd in the world's biggest wireless-phone market.

Scholar offers tips for major firms in China

2011-05-26 07:56:51

China's nonstop economic growth presents multiple opportunities for companies that understand the ins and outs of China

Philips elevates China's market status

2011-05-26 07:56:51

Royal Philips Electronics NV has elevated China's status to that of a "home market", as it decentralizes management and encourages regional markets to learn from China...

Hutchison unit enters China's premium infant milk market

2011-05-26 07:56:51

Hutchison China MediTech Ltd, the pharmaceutical arm of Hutchison Whampoa Ltd owned by billionaire Li Ka-shing, announced on Tuesday that it will enter the Chinese infant-formula milk powder market through cooperation with Hain Celestial Group Inc, a leading US natural and organic products company.

US investment decline "temporary"

2011-05-25 17:53:12

The decline of the US direct investment in China was for short term, said president of Roland Berger Strategy Consultants in China.

Air conditioner makers bouncing back

2011-05-25 11:01:38

It is the busiest season for Gree Electric Appliances, China's largest maker of air conditioners. The temperature has reached 32 C in Zhuhai, the southern coastal city where Gree is headquartered. In Gree's 800,000-square-meter factory complex, workers in navy blue uniforms brave the summer heat to pack approximately 2,000 air conditioners in a storage bungalow, while 10 trucks are lined up to take the air conditioners to a port 10 kilometers away.

CICC to buy 35% of Zheshang Trust

2011-05-25 11:01:38

China International Capital Corp (CICC), the nation's top-ranked investment bank last year, is set to become the first domestic securities firm to take control of a trust, said a person with direct knowledge of the matter.

'US clout impedes reform of IMF'

2011-05-25 08:09:06

The IMF will not make significant progress unless the US gives up its dominant voting share.

Intel posts possible future CEO to China

2011-05-25 07:48:39

If you were the big boss of a world renowned technology firm, where would you send your potential successor? For Paul Otellini, chief executive officer of the world's biggest chip maker Intel Corp, the answer is China.

China-Hollywood joint film project

2011-05-24 13:27:10

The first joint movie production of China and Hollywood will begin filming in October, the Qujiang Film and TV Investment Group, based in Xi'an, Shaanxi province

US hikes probes into Chinese products

2011-05-24 13:04:09

The United States launched more Section 337 investigations against China in the past five years than in the last 20 years.

RRR rises stifle private sector, economist says

2011-05-24 07:53:00

China should rely more on adjusting the interest rate than reserve requirement ratios (RRR) to fight inflation, because RRR rises disproportionately hurt private-sector businesses, according to a senior economist.