Central SOEs profits up 6.4%

2012-01-21 09:35:37

China's centrally-administered State-owned enterprises reported net profits of $141.3 billion in 2011, up 6.4% year-on-year.

Resorts hope skiing won't go downhill

2012-01-21 07:50:18

Operators are looking to grow as incomes rise in China and people get bitten by the bug.

Powering future development

2012-01-20 08:09:00

At the just concluded fifth annual World Future Energy Summit in Abu Dhabi, Premier Wen Jiabao made a speech outlining China's efforts to adopt clean technology and renewable energy. However, its coal dominated energy structure will remain difficult to change in the near future, as China is a big country with a low per capita income that requires a large amount of energy to support its ongoing industrialization and urbanization.

Global economy at risk as eurozone weakens

2012-01-19 07:56:33

Capital outflows from China likely to accelerate: World Bank report.

Home prices fell in large cities

2012-01-19 07:56:33

Nearly three quarters of large Chinese cities saw a decrease in home prices in December.

Economy heads for soft landing

2012-01-19 09:38:10

China's economy can achieve a soft landing in 2012 despite a global economic slowdown.

Kia recalls 145k cars for airbags

2012-01-21 01:18:37

Kia Motors Corp is recalling more than 145,000 vehicles in the US due to faulty airbags.

FDI registers another drop in Dec

2012-01-19 07:56:33

Fragile world economic recovery and increasing labor costs blamed.

Apple stores sales ban gives boost to rival outlets

2012-01-19 07:56:33

China Unicom (Hong Kong) Ltd said it has large stocks of Apple Inc's iPhone 4S handsets available for purchase.

Yang's Yahoo departure changes rules of the game

2012-01-19 07:56:33

Alibaba Group Holding Ltd may have to restructure its relationship with its largest shareholder, Yahoo! Inc.

Disney bringing brands to store in China

2012-01-18 07:47:58

Mickey Mouse and Winnie the Pooh are setting up shop in China.

Businesses to benefit from festival

2012-01-18 07:47:58

With the approach of Spring Festival for the Year of the Dragon, the more than 1.3 billion people in China have become eager shoppers.