Fonterra inks farm deal to milk from demand

2011-07-22 10:36:11

BEIJING - New Zealand milk giant Fonterra Co-operative Group Ltd will invest 260 million yuan ($40 million) in its third dairy farm in China, part of the company's strategy to enhance the quality of fresh milk supply to the Chinese customers after a series of milk scandals, the company said on their website.

Furniture firms urged to rebuild industry

2011-07-22 10:14:39

China's furniture industry is facing a credibility crisis with consumers following a country-of-origin controversy.

RIT head Rothschild outlines blueprints

2011-07-22 11:03:42

China's 12th Five-Year Plan (2011-2015) presents huge opportunities for Chinese and foreign investors, and UK-based RIT Capital Partners PLC plans to explore them, said Jacob Rothschild, RIT chairman.

Factory statistics, property curbs hit markets

2011-07-22 09:29:21

Stocks on the Chinese mainland fell for a fourth day after a report showed manufacturing might have contracted for the first time in a year this month and the government expanded measures to prevent a rebound in property prices.

Spring Airlines to raise $1.2b in IPO

2011-07-22 10:07:26

Spring Airlines aims to raise more than $1.2 billion in an initial public offering in the first quarter of 2012 as China's sole budget carrier wants to double its fleet size in the next four years, its president said on Thursday.

Rare earth prices 'reflect market'

2011-07-22 09:44:30

Sharply higher rare earth prices reflect market conditions, not manipulation, the Ministry of Industry and Information Technology (MIIT) said on Thursday.

Developers wait to buy land at the right price

2011-07-22 09:34:27

Aborted attempts to bid for 121 pieces of lands in Zhejiang province in the first half of 2011 are not signs of an imminent cool-down in the real estate market, analysts said.

Govt reveals details on spending

2011-07-22 09:39:16

The Chinese public is getting its first glimpse into what central government departments spend on official receptions, vehicles and overseas trips - the subject of most suspicions concerning misuses of public money.

HTC unveils tablet PC

2011-07-22 09:27:35

HTC unveiled its 1st tablet computer, the price is higher than expected, which could make it hard to challenge Apple's dominant position.

Trade surplus likely to widen in coming months

2011-07-22 09:12:13

China's monthly surplus is expected to "widen" in the coming months though export growth will "decelerate".

IMF lauds global role played by economy

2011-07-22 09:01:00

China will continue to drive global economic development with an estimated growth rate of 9.6 percent this year, despite signs of an economic slowdown.

Chinese market to drive medical firm's business in Asia

2011-07-21 11:08:34

Multinational healthcare devices manufacturer Cook Medical Inc expects to almost triple its business in the Asia-Pacific region by 2015 on the back of continuing strong growth in China, according to the company's senior executives.