Chinese firms power on with Indonesia plan

2011-10-18 10:39:54

Chinese companies are likely to continue to participate in Indonesia's second 10,000 megawatt (mW) national power development plan.

Vale lowers Q4 iron ore price

2011-10-18 08:08:43

Iron ore producer Vale SA has decided to lower the price of fourth-quarter iron ore orders from Chinese steel mills due to the falling spot price.

Siemens to build Chengdu plant, R&D base

2011-10-18 08:08:43

Siemens AG announced it will set up an industrial automation manufacturing and research and development base in Chengdu, Sichuan province.

Tsingtao Beer to open brewery in Thailand

2011-10-18 08:08:43

China's brewery giant Tsingtao Beer announced on Monday that it plans to set up its first overseas plant in Bangkok.

Wal-Mart China's boss steps down

2011-10-18 08:07:04

US retail giant Wal-Mart Stores Inc announced that Wal-Mart China's President and Chief Executive Officer Ed Chan resigned.

Taobao should respond to vendors' requests

2011-10-17 09:47:44

The MOC urged Taobao Mall to actively respond to the pertinent requests of small merchandisers who protested the website's membership fee hike.

Neither a borrower nor a lender be

2011-10-17 07:55:34

Premier Wen Jiabao paid a rare visit to Wenzhou, a typical boomtown in eastern Zhejiang province, during the National Day holidays.

Audi: Another sales record

2011-10-17 07:56:44

German luxury carmaker Audi AG is on track to another banner year in China with its highest-ever September sales of 29,188 vehicles.

Foton gears up for Indian market

2011-10-17 07:56:44

China's leading truck maker Beiqi Foton Motor Co announced last week that it will invest 2.47 billion yuan in a plant in India.

Resellers charge more for iPhone 4S

2011-10-17 07:57:58

Unauthorized Apple retailers are selling iPhone 4S units at stunning prices.

Inflation falls for 2nd month

2011-10-15 08:23:05

China's consumer inflation slipped to 6.1 percent in September, the second month in a row it has dropped after it hit a three-year high in July.

Sales of expired food fined

2011-10-15 07:25:42

 Authorities have determined that Wal-Mart and Carrefour stores in Changsha, capital of Hunan province, sold food products bearing altered production dates.