Saudi Arabian Oil launches affiliate in Beijing
2012-11-14 13:36:11
The Saudi Arabian Oil Co, the integrated global petroleum and chemicals enterprise, announced on Tuesday the official opening of Aramco Asia in Beijing, a move that shows the strategic importance of the Asian market to the company.
PepsiCo opens research center in China
2012-11-14 13:35:49
PepsiCo Inc, the world's second-largest soft-drink maker, opened its largest research center outside the US in China on Tuesday, as it seeks to boost sales in the world's most populous country and the Asian region.
GE in shale gas discussions with Chinese oil companies
2012-11-14 13:34:41
GE Oil & Gas, a subsidiary of the US giant General Electric Co, said it is holding discussions with China's top three oil and gas companies about possible cooperation on the development of the country's shale gas industry.
China Telecom to speed expansion
2012-11-14 13:22:44
China Telecom Corp Ltd, the nation's biggest fixed-line operator by revenue, will step up the pace of its overseas expansion and expects its global business unit to have 10 billion yuan ($1.6 billion) in sales this year, according to the company's chairman.
Chinese missile producer unveils portfolio brand
2012-11-14 13:17:54
China Aerospace Science & Industry Corp, a missile maker, unveiled the parent brand for its drone products and services, "HIWING," on Tuesday.
Hutchison Water invests in Israel
2012-11-14 11:20:12
Hutchison Water, a unit of Hong Kong-based Hutchison Whampoa Ltd, bought an Israeli incubator known as Kinrot Venture and plans to invest 100 million shekels ($25 million) in it.
CASIC helps Chinese cities get smart
2012-11-14 10:27:22
China Aerospace Science and Industry Corporation has been putting major effort into developing "smart city" solutions for Chinese cities in recent years.
Private firms take lead in overseas M&As
2012-11-14 07:59:09
Private Chinese enterprises took part in more overseas mergers and acquisitions than their State-owned counterparts did in the past three quarters.
Apple to pay $80,250 in copyright row
2012-11-13 17:43:25
Beijing's Second Intermediate People's Court has ruled in favor of the Encyclopedia of China Publishing House in its lawsuit against Apple Inc for infringement, claiming 500,000 yuan ($80,250) in compensation.
PICC aims for IPO in Hong Kong
2012-11-13 15:53:05
People's Insurance Co (Group) of China Ltd is planning a listing in Hong Kong and may launch a roadshow by the end of this week.
Foton to build auto plant in Cameroon
2012-11-13 14:53:10
Chinese commercial vehicle maker Beiqi Foton Motor Co has signed a Memorandum of Understanding with the government of Cameroon to invest $500 million in a plant in the Southwestern port city of Kribi.
Foxconn 'not moving HQ to Chengdu'
2012-11-13 14:51:23
Foxconn Group officially denied a rumor that it would move its headquarters to China's inland city Chengdu, Caijing.com reported.