Pengxin completes NZ dairy farms purchase
2012-12-04 11:16:29
Shanghai Pengxin Group has completed the purchase of 16 dairy farms in New Zealand, after nearly two years convincing local authorities.
Wanda eyes US hotel, movie deals
2012-12-04 11:02:59
Dalian Wanda Group is in talks with Hollywood studios to co-produce films and is looking to buy and build hotels in major US cities, Reuters reported.
Turnover at Tmall, Taobao tops 1t yuan
2012-12-04 10:00:24
Turnover of Tmall.com and Taobao.com, two major Chinese online shopping platforms, surpassed 1 trillion yuan ($160.5 billion) as of Nov 30.
China Merchants to broaden investment scope
2012-12-04 09:52:22
State-owned conglomerate China Merchants Group unveiled a new asset management subsidiary that focuses on "alternative investment".
China Unicom to sell 140m 3G handsets next year
2012-12-03 17:45:06
China Unicom (Hong Kong) Ltd, the nation's second-largest telecom operator by subscribers, expects to sell 140 million handsets running on its 3G mobile network next year, company officials said.
Toyota China sales fall again in Nov
2012-12-03 14:09:03
Toyota's sales in China totaled roughly 60,000 vehicles last month, down by 25 percent year-on-year.
Harbin Electric signs $643m contract
2012-12-03 13:57:43
Harbin Electric Corp, China's top power equipment maker by sales, signed a $643 million contract with Malaysia's Genting.
LNG used in Beijing double-decker buses
2012-12-03 13:55:17
China Petrochemical Corp announced it is providing liquid natural gas for Beijing's double-decker buses starting from the beginning of this month.
Hunan govt tries to stop Sany relocation
2012-12-03 13:51:46
Officials from Hunan provincial government are trying hard to persuade Sany Group Co to stay in the province, Hunan's vice-governor said.
South Beauty to list in Hong Kong next year
2012-12-03 13:38:32
South Beauty, a Beijing-based upscale restaurant chain, is expected to be listed in Hong Kong next year.
Firm approved to bid for US battery maker
2012-12-03 10:19:31
China's Ministry of Commerce has approved a plan by a Chinese auto parts maker to take over American battery maker A123 Systems Inc.
China a very 'important, exciting'market: RB CEO
2012-12-03 10:04:47
China means a very important and very exciting market, said chief executive officer of household cleaning products maker Reckitt Benckiser.