Adidas plans to open more new stores in China
2013-03-08 21:07:18
Adidas Group said it will continue to open new stores in China and will not open many discount stores in 2013.
Sportswear brands in China feeling the heat
2013-03-09 09:44:30
Nike Inc plans to open 40 to 50 factory outlets to clear its high inventory in China, a sign that Chinese sportswear brands may no longer have price advantages.
Jiangnan Heavy Industry reports loss
2013-03-08 17:08:48
CSSC Jiangnan Heavy Industry Co Ltd posted sales revenue of 1 billion yuan in 2012, down 30.71 percent year-on-year, and its net profit tumbled 299 percent.
Carrefour launches nutrition campaign
2013-03-08 16:15:08
French retail giant Carrefour SA launched a nutrition campaign on Thursday in Beijing, in a bid to make Chinese consumers more aware of healthier choices.
Hyundai Sonata targets Chinese elite
2013-03-08 14:18:46
Hyundai Motor now seeks to appeal to the most trend-setting group of people in the all-important Chinese market - the Communist Party leaders.
China-based IT server tests Indonesian market
2013-03-08 14:18:57
China-based information technology company, Inspur Group Co Ltd, officially announced its entrance into the Indonesian market.
MGPA acquires office building in Shanghai
2013-03-07 17:27:09
MGPA, a private equity real estate investment advisory company managing assets in Europe and Asia, said on Thursday it has acquired a newly completed Grade A office building, j-Tower, in Shanghai for 263.5 million yuan ($41.8 million).
PICC Group to launch Shanghai IPO 'at appropriate time'
2013-03-07 17:01:37
People's Insurance Company (Group) of China (PICC), one of the country's largest insurance groups, will float shares in Shanghai at an appropriate time, the company said in a statement on Thursday.
ICBC keen to be yuan clearing bank in London
2013-03-07 13:33:33
Industrial and Commercial Bank of China, the world's biggest bank by market value, aims to become the clearing bank for offshore yuan business in London.
Qoros debuts new sedan with more in the pipeline
2013-03-07 10:54:01
Qoros Auto Co Ltd made its public debut on Tuesday at the Geneva Motor Show by unveiling the first in a series of new models aimed at discerning young buyers in China and Europe.
Air conditioner maker Gree sets lofty sales goal
2013-03-07 10:53:29
Gree Group, China's largest maker of domestic air conditioners, has set an ambitious sales target for the years ahead, even amid the sluggish demand due to the global financial crisis.