ChemChina may end CNOOC deal
2012-11-07 14:48:24
China National Chemical Corporation has been granted approval for a quota of 10 million tons of crude oil imports, mainly to supply its oil and gas companies.
Central Huijin eyes role as active shareholder
2012-11-07 10:56:57
Central Huijin Investment Ltd, an arm of the $300 billion sovereign wealth fund China Investment Corp, will continue to play a big role in financial reform by buying stakes in State-owned financial institutions as "an active shareholder", Chairman Lou Jiwei said.
China's car market promising: Audi chairman
2012-11-07 10:56:26
A top official of Audi AG said Tuesday that China's car market is full of potential and its sales are expected to continue to flourish.
FedEx opens new center in Shenzhen
2012-11-07 08:33:36
FedEx Express Corp, one of the world’s largest courier delivery services companies, opened on Tuesday its fifth international services center in Shenzhen, to boost its local operations network and meet growing customer demand.
Guangzhou Auto and Chery sign agreement
2012-11-07 08:31:22
Two of China's State-owned carmakers, Guangzhou Automobile Group Co and Chery Automobile Co, have agreed on a landmark deal in an effort to boost sales and cut costs.
Bright Food to make Weetabix best-known in Asia
2012-11-07 08:30:11
China's Bright Food Group Co Ltd is pledging to sell and promote the breakfast cereal Weetabix in China and the rest of Asia using its existing distribution channels and experience.
Mazda's China sales halved in Oct
2012-11-06 17:29:44
Japanese automaker Mazda has been badly hit by the recent tension between Japan and China, with new car sales in China nearly halved in October from a year ago.
BASF unveils innovation campus in Shanghai
2012-11-06 17:26:03
BASF SE, the world's biggest chemical maker, has inaugurated its new innovation campus for the Asia-Pacific region, in Shanghai's Pudong.
Nissan revises down earnings outlook for FY 2012
2012-11-06 16:58:10
Nissan Motor Co on Tuesday revised down its earnings forecast for fiscal 2012 amid declining sales in China in the wake of territorial dispute with China.
China Mobile plans industrial park for Beidou system
2012-11-06 16:52:45
China Mobile has started construction on an industrial park in Northeast China to boost the application of China's BeiDou Navigation Satellite System.
CNOOC's Nexen bid 'will be approved'
2012-11-06 16:37:34
CNOOC Ltd will eventually get approval from the Canadian government to purchase energy producer Nexen Inc and the approval delay will not change the result of the deal.
AkzoNobel signed technology supply agreement
2012-11-06 16:21:28
The paint and coating producer AkzoNobel Industrial Chemicals and Hunan Xiangheng Salt Chemical Co Ltd signed an agreement on Tuesday to put mTA, an agent that prevents road salt from forming into lumps, into use in Beijing.