CEO optimistic about solar-power outlook

2013-03-12 10:52:43

China's troubled solar-panel manufacturing industry should see light at the end of the tunnel as early as this year, the CEO of a major panel manufacturer said.

Yum China sales up in Feb amid turnaround

2013-03-12 10:19:55

KFC parent Yum Brands Inc on Monday reported an unexpected 2 percent rise in February sales at established restaurants in China.

Hisense looks to increase overseas TV revenues

2013-03-12 09:03:49

Hisense Co Ltd, China's largest TV maker by market share, is looking to increase its overseas revenues over the next three years, to account for 50 percent of total TV sales from the current 30 percent, with an emphasis on the United States.

China challenged to upgrade industries: Caterpillar

2013-03-11 17:35:38

China is facing a tough task in upgrading its industries, a senior executive from US-based construction equipment maker Caterpillar said Monday.

Media Markt China shuts down

2013-03-11 17:12:23

Media Markt China Ltd, the electronics chain operated by Germany's Media-Saturn Holding and Foxconn Technology Group, formally closed on Monday.

Top Alibaba exec to become CEO of Alibaba Group

2013-03-11 16:41:50

Jonathan Lu Zhaoxi, executive vice-president of Alibaba, will replace Jack Ma as the CEO of the Chinese e-commerce giant Alibaba Group, Alibaba announced Monday.

Samsung tops smartphone market in China

2013-03-11 15:59:08

Samsung Electronics Co Ltd topped China's smartphone market in 2012, with its sales nearly tripling year-on-year, data from research firm Strategy Analytics showed.

Ritz-Carlton to open in Tianjin

2013-03-11 15:22:17

Located in the heart of the revitalized former British concession and central business district, The Ritz-Carlton, Tianjin is expected to open in mid-2013.

Jianghuai Auto to compete overseas with quality

2013-03-10 13:11:15

Jianghuai Automobile Co Ltd (JAC) said the company will keep improving the quality of its products and bring satisfactory cars to overseas buyers, said An Jin, chairman of JAC, on Thursday.

China's Changan recalls defective SUVs

2013-03-09 10:50:01

Chinese auto producer Changan Automobile will recall 12,492 vehicles due to a problem that may affect proper engine lubrication.

Adidas plans to open more new stores in China

2013-03-08 21:07:18

Adidas Group said it will continue to open new stores in China and will not open many discount stores in 2013.

Sportswear brands in China feeling the heat

2013-03-09 09:44:30

Nike Inc plans to open 40 to 50 factory outlets to clear its high inventory in China, a sign that Chinese sportswear brands may no longer have price advantages.