Stalled Chery looks for some cheer

2011-08-12 11:13:13

Domestic car brands have suffered a downturn and are eager for new momentum

CCB bids for Indonesian bank

2011-08-12 10:14:13

China Construction Bank Corp (CCB), the world's second-largest lender by market value, has made a preliminary bid for control of PT Bank Maspion Indonesia, three people with knowledge of the matter said.

Growth in oil use to slow in tandem with economy

2011-08-12 10:19:47

Growth in China's apparent oil consumption is expected to ease to 5 percent a year on average from 2011 to 2015, reflecting slower economic expansion and efforts to cut emissions.

China's property developers under pressure

2011-08-12 08:50:00

China's property developers saw their inventories surge in the first half of this year as government measures to cool the market have started to bite, latest statistics show.

China raising low-income subsidy

2011-08-12 08:47:42

More than two thirds of Chinese provinces are hiking cost-of-living subsidies to low-income families to help them weather the impact of a spike in inflation.

Chery to open Kenyan plant

2011-08-12 09:11:56

Chery Automobile Co Ltd is to become the second Chinese vehicle maker to build an assembly plant in Kenya.

New nuclear plants may get green light soon

2011-08-12 09:25:03

China concluded a nationwide safety inspection of nuclear plants on Aug 5 in the wake of Japan's nuclear crisis, indicating the country is advancing closer to the approvals for new nuclear plants.

China set for massive rise in hotel numbers

2011-08-11 11:24:40

One international-brand hotel is expected to open in China every four days during the next 18 months, making the country one of the world's fastest-growing markets for the hospitality industry.

Hedge fund farms reap from food doomsday warnings

2011-08-11 11:01:26

Investors are pouring into farmland in the United States and parts of Europe, Latin America and Africa as global food prices soar.

Tests find oil used by KFC not harmful

2011-08-11 13:47:48

While consumers worry about the consequences of eating food cooked in recycled oil, officials have confirmed that the oil used by the US fast-food giant KFC is safe.

Cathay Pacific H1 net profit down 59 percent

2011-08-11 13:11:12

Cathay Pacific Airways Ltd, Asia's fourth-largest air carrier by market capitalization, reported on Wednesday a better-than-expected 59 percent fall in first-half net profit, reflecting soaring fuel costs.

Soluxe sees room for growth in hotel management deals

2011-08-11 11:45:21

Soluxe Hospitality Group, a Beijing-based international hotel operator, is seeking to export its management expertise.