VW to continue DSG strategy in China
2013-01-22 09:51:29
A top executive of Volkswagen Group indicated on Jan 14 that the company will not discontinue models equipped with seven-speed direct shift gearbox transmissions in China.
Nestle protein powder targets health-conscious Chinese
2013-01-22 09:42:33
Nestle SA has expanded into the Chinese market's health food sector by introducing a protein powder believed to have great sales-growth potential.
Sinopec aims to sweeten energy supply
2013-01-22 09:41:39
China will boost sour natural gas exploration to ease the country's tight energy supply, said an official at China Petroleum and Chemical Corp.
Fast-food firm eyes southwest franchises
2013-01-22 04:11:52
McDonald's Corp said on Monday that it will seek applications for franchises in southwestern China.
Huawei set to beat Ericsson
2013-01-22 04:11:52
Huawei Technologies Co Ltd is poised to become the world's biggest telecom equipment maker by revenue, beating Sweden's Ericsson AB.
ParknShop plans to open 100 more stores on mainland
2013-01-21 17:12:16
ParknShop, one of the largest grocery retailers based in Hong Kong owned by billionaire Li Ka-shing, plans to open 100 stores in different business formats on the Chinese mainland over the next three years.
Vanke to move foreign-currency B-shares to Hong Kong
2013-01-21 17:04:34
China Vanke Co Ltd, the largest property company by market value in China, plans to move its foreign-currency B-shares from Shenzhen to Hong Kong.
Aeon Group introduces MaxValu to China
2013-01-21 16:11:36
Japanese retail and financial services giant Aeon Group has opened the first MaxValu-branded premium food supermarket in Guangzhou, Guangdong province.
Mercedes behind BMW and Audi
2013-01-21 15:09:50
Dieter Zetsche, president and CEO of Daimler AG and Mercedes-Benz, said that Mercedes cars are falling behind its competitors but believes that the company will catch up by 2020.
NDRC approves CNOOC's acquisition of Nexen
2013-01-21 15:09:21
China's National Development and Reform Commission said it approved CNOOC's acquisition of Canadian oil and gas company Nexen Inc in December.
ZTE net profit plummets in 2012
2013-01-21 12:23:21
Net profit at ZTE fell between 2.5 and 2.9 billion yuan ($396.83 to $460.32 million) year-on-year in 2012, the company predicted in a report on Sunday.
Easy on the eye
2013-01-21 11:17:27
Galloping Horse entered the movie sector with an international angle, working with Hollywood film directors.