Tourism to Taiwan made easier

2011-06-29 07:56:23

The first group of individual tourists from the mainland arrived in Taiwan on Tuesday, bringing more business opportunities to tourism enterprises on both sides of the Taiwan Straits.

China's CAS and ICBC Leasing buy 88 A320 aircraft

2011-06-29 16:27:46

There were some 575 A320 Family aircraft in operation with 13 Chinese airlines by May.

Suning to raise stake in Japan's Laox

2011-06-29 15:06:03

Suning Appliance Co, China's largest consumer electronics retailer, announced Tuesday it will raise its stake in Laox Co, a Japanese home appliance chain, to 51 percent.

SunArt plans Hong Kong IPO

2011-06-29 11:28:50

SunArt Retail Group Ltd, the Chinese hypermarket operator backed by France's Group Auchan SA, plans to raise as much as HK$8.2 billion ($1.1 billion) in a Hong Kong initial public offering.

Pork producer's shares slide

2011-06-29 11:27:06

China Yurun Food Group Ltd dropped in Hong Kong trading, extending the company stock's record 20 percent plunge on Monday.

Markets continue upward trend for 6th day

2011-06-29 11:26:43

Most stocks on the Chinese mainland rose, sending the benchmark index to a sixth day of gains, on speculation that Europe's debt crisis is easing and Chinese inflation is peaking, reducing the need for further increases in interest rates.

Corning sets up research center on mainland

2011-06-29 11:29:25

Corning Inc started its first joint venture laboratory on the Chinese mainland on Tuesday in partnership with a well-known ceramics institute in Shanghai.

Small firms, big problems as costs rise

2011-06-29 11:26:11

The rapid rise in labor costs and the soaring price of raw materials, together with the increasing cost of borrowing, has left small and medium-sized businesses (SMEs) there facing a dilemma.

Tender issued on 4 shale gas blocks

2011-06-29 09:42:26

China issued its first shale gas exploration tender with an offer of four blocks to a group of Chinese energy companies, state media reported, as the country kicks off its search for potentially vast reserves of the resource.

Diageo buying another round

2011-06-29 09:28:54

The London-based spirit-making giant Diageo Highland Holding BV (Diageo) has received Chinese regulators' approval to acquire an additional 4 percent stake in Sichuan Chengdu Quanxing Group Co Ltd, hugely increasing its influence over the listed liquor producer Sichuan Shuijingfang Co, Ltd (Shuijingfang).

Partnership formed for C919 plane

2011-06-29 09:17:26

The Commercial Aircraft Corp of China Ltd, which is undertaking the construction of large domestic passenger jets, began its first joint venture on Tuesday with a foreign company in the hope of using world-class manufacturing techniques in the production of the homegrown C919 airplane.

China, Germany sign $15 billion deals

2011-06-29 09:21:37

China and Germany signed deals worth more than $15 billion on Tuesday as the leaders of the world's top two exporters set a target of doubling their annual trade by 2015.