Challenges ahead as CNOOC acquires Nexen

2013-02-27 11:01:09

China National Offshore Oil Corporation still faces many challenges after acquiring Nexen.

Suzuki to recall 13,227 faulty vehicles in China

2013-02-27 10:23:51

Japanese carmaker Suzuki Motor Corp will recall 13,227 Jimny vehicles in China to fix flaws that may pose safety risks.

ZTE plans to target top tier

2013-02-27 10:00:36

ZTE Corp hopes to discard its often-used tag of "low-end mobile phone vendor" by increasing its production of mid to high-end smartphones this year.

CNOOC sees ink dry on Nexen deal

2013-02-27 09:59:08

China's largest-ever overseas acquisition was officially completed on Tuesday, marking a major step in the country's progress in the global energy industry.

CNOOC's takeover of Nexen finalized

2013-02-26 17:47:54

CNOOC Ltd's acquisition of Canadian oil and gas company Nexen Inc for $15.1 billion — China's largest overseas takeover — was officially closed on Tuesday, seven months after it was announced.

Sinopec, SK to build petrochemical facility in SW China

2013-02-26 15:08:10

Sinopec Sichuan Vinylon Works Group and the SK Chemicals Co Ltd will build a butanediol facility in Chongqing.

Management change at Ctrip International

2013-02-26 14:39:20

Changes in top management at Ctrip International Ltd, one of China's main online travel agencies, will take effect on March 1.

Chow film's revenue hit 990 million yuan

2013-02-26 14:38:37

Shares in Huayi Brothers Media Group rallied after it announced that the film Journey to the West: Conquering the Demons had generated $158.7 million in box office revenue.

China companies see Germany as EU springboard

2013-02-26 13:25:53

Increasing numbers take advantage of China's renowned factory know-how and global networks to gain wider access to the valuable Europearn market.

Sportswear firms face another tough year

2013-02-26 11:12:44

This year will still be "challenging" for Chinese sportswear makers, after a bleak 2012 meant losses for many brands.

Sinopec buys into Chesapeake's Oklahoma assets

2013-02-26 11:09:55

Sinopec has purchased half of the stakes of the United States' second-largest natural gas developer in its oil and gas assets in Oklahoma.

Sinopec agrees 50 percent Chesapeake stake

2013-02-26 11:01:02

China Petroleum and Chemical Corp, or Sinopec, has agreed to buy 50 percent of the US-based Chesapeake Energy Corp's Mississippi Lime oil and gas assets for $1.02 billion.