Wanfeng Auto to hit new roads
2013-02-26 10:56:39
Wanfeng Auto Holding Group, the world's largest automotive aluminum wheel producer by market share, is aiming to become a global service provider.
KFC China announces measures to regain trust
2013-02-26 10:38:15
KFC China, a division of Yum Brands Inc, announced new quality-assurance measures on Monday in a bid to restore brand confidence.
Pirelli to pump $200m into Chinese plant
2013-02-26 10:37:47
Pirelli & C SpA, the Italian tire giant, is planning a $200 million investment to make China its largest global manufacturing center by 2014.
Geely sets profitability plan for new British acquisition
2013-02-26 10:37:18
Zhejiang Geely Holding Group plans to invest 100 million pounds in a global taxi project that the company expects will make its newly acquired British taxi maker profitable within a year.
WeChat makes inroads abroad
2013-02-26 07:56:01
Supported by strong growth in Asia, China's Internet giant Tencent Holding Ltd is seeing a shift in the demographics of the user base of its WeChat messaging application, as international users start to adopt the popular mobile service.
Gome denies rumors to sell shares
2013-02-25 21:38:59
Gome Electrical Appliances Holding Ltd, China's second-largest electronic appliance vendor by revenue, has denied rumors of selling shares to any investor including Best Buy Co.
Sanquan Foods to acquire Heinz's four Longfong food firms
2013-02-25 21:35:44
Zhengzhou Sanquan Foods Co Ltd said it has reached an exclusive acquisition framework agreement with H.J. Heinz Co to acquire the four Longfong food companies owned directly or indirectly by Heinz.
51buy.com targets sales of 15-20b yuan this year
2013-02-25 21:34:36
Shopping website 51buy.com, which is largely owned by Internet conglomerate Tencent Holdings Ltd, aims to register a total transaction volume of 15 to 20 billion yuan this year.
CNOOC takes over Nexen
2013-02-26 09:26:59
China National Offshore Oil Corporation (CNOOC) announced Tuesday that it has closed a deal to acquire Canada's Nexen Inc.
S. African insurer to raise stake in Ping An unit
2013-02-23 09:37:59
South Africa's largest healthcare insurer, Discovery Holdings Ltd, is to increase its stake to 25 percent in Ping An Health Insurance Co.
China Construction Bank seeks to expand
2013-02-22 13:21:06
China Construction Bank Corp, the world's third-largest lender by market value, offered about $300 million for Rabobank Groep NV's Indonesian unit.
CNOOC to increase shares in China CBM
2013-02-22 11:08:57
China National Offshore Oil Corporation announced Thursday it will increase its shares in China CBM to 70 percent.