Adidas Group said it will continue to open new stores in China and will not open many discount stores in 2013.
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.
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.
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 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 information technology company, Inspur Group Co Ltd, officially announced its entrance into the Indonesian market.
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).
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.
Interview with Gustavo Eichelmann
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 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.
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.