Italian coffee company has grand expansion plans for China
2012-10-08 16:53:19
Italian coffee company Saicaf will invest more than 100 million yuan ($15.9 million) to set up a network of cafes across China within four years.
China Securities Finance plans 10b yuan capital increase
2012-10-08 16:21:39
China Securities Finance Corp Ltd plans a 10 billion yuan ($1.58 billion) capital increase via the issuance of 10 billion shares, the company said on Oct 7.
Legend steps towards building wine empire
2012-10-08 15:27:17
Legend Holdings' wine subsidiary Fenglian Wine has fully bought out well-known Chinese liquor brand Hunan WuLing Wine Co with a share acquisition costing more than $63.6 million.
Japan carmakers to cut China production by half
2012-10-08 14:21:24
Japan's Toyota Motor Corp, Nissan Motor Co and Honda Motor Co plan to slash production in China by roughly half, as a territorial row cuts sales of Japanese cars in China.
Chinese banks set for greater int'l role
2012-10-08 10:55:19
China Construction Bank Chairman Wang Hongzhang said that he is prepared to spend up to $15 billion (11.6 billion euros) on a major acquisition in Europe.
Toyota's China sales fall by half
2012-10-08 10:48:13
Toyota Motor Corp saw its sales in China fall by half in September compared to August, as tensions between Japan and China flared over the Diaoyu islands.
Switching to the smart TV
2012-10-08 10:33:22
Smart television sets are set to overtake traditional TVs in the coming years.
Hermes defies the trend of slipping sales
2012-10-08 10:26:59
While many luxury retailers are undergoing an unprecedentedly difficult year in China, Hermes is continuing to increase its presence in one of its most important markets.
Foxconn factory rolls on in spite of strike
2012-10-08 00:39:02
Foxconn Technology Group said on Sunday that production at a plant in Henan province was not halted by a strike that had occurred two days before and involved about 400 workers.
China's individual and private businesses expand
2012-10-06 10:45:10
China's ndividually-owned businesses grew steadily at 4.4% annually, while private enterprises achieved an annual growth rate of 15.5% from 2002 to 2012.
Shopping centers one-stop solution for consumers
2012-10-06 10:23:36
For Swire Properties, a shopping center is the thing that brings and holds everything together, including the hotel guests, the office users, business people and others.
H&M: China is the fastest growing market
2012-10-06 09:35:26
H&M, the Swedish multinational retail-clothing company, currently has more than 700 suppliers both in China and Europe.