WeChat attracts 300m users in less than 2 years
2013-01-17 11:03:55
The number of people using WeChat, a voice-messaging service developed by the Internet giant Tencent Holdings Ltd, has hit 300 million in the less than two years.
Media Markt may shutter stores amid losses
2013-01-17 10:10:16
Media Markt China, the electronic products chain owned by Germany's Media-Saturn Holdings and Foxconn Technology Group, may have to close unless a buyer is found.
Metro closes consumer electronics branch in China
2013-01-17 09:52:39
German retailer giant Metro announced on Wednesday that it had decided to end the operation of its Media Markt stores in China.
Ansteel made a profit in Dec
2013-01-16 17:23:39
Anshan Iron and Steel Group Corp, known as Ansteel, said that it turned its losses into profits in December, which may signal the recovery of China's economy.
Harbin Electric international contracts hit 2.6b yuan in 2012
2013-01-16 16:58:55
Harbin Electric Corp, China's top power equipment maker by sales volume, said that its international contracts hit 2.6 billion yuan ($418.3 million) in 2012.
Zhongwang gets $200m syndicated loan
2013-01-16 16:20:52
China Zhongwang Holdings Ltd signed a $200 million three-year syndicated term loan facility with a consortium of 15 financial institutions.
Wahaha partners with Manchester United
2013-01-16 15:26:14
Chinese food company Wahaha Group Co Ltd said on Wednesday it will enter a partnership with the English Premier League soccer club Manchester United.
Construction firm sets up southern branch in Zhuhai
2013-01-16 14:28:55
China Communication Construction Co Ltd on Monday established a southern investment branch in Zhuhai, Guangdong province.
Subaru maker targets 6% sales increase for 2013
2013-01-16 14:27:57
Fuji Heavy Industries Ltd, the maker of Subaru cars, targets a 6 percent increase in global sales, spurred by the introduction of a new Forester SUV model.
Modern Dairy jumps, as Mengniu confirms talks
2013-01-16 14:26:48
Share prices of China Modern Dairy Holdings Ltd surged to an almost 20-month high after China Mengniu Dairy Co confirmed it has been in talks to acquire the supplier.
Great Wall Motors' JV awarded in Bulgaria
2013-01-16 13:18:56
Litex Motors Corporation, a joint venture of the Chinese private automaker Great Wall Motors won Bulgaria's award "Investor of the Year 2012".
Qualcomm set for battle over chips
2013-01-16 10:20:22
Qualcomm Inc, the world's most valued semiconductor company, is preparing for more intense competition in China's smartphone market in 2013.