Siasun to open new plant next year

2012-12-14 15:49:23

Siasun Robot & Automation Co Ltd said that its new plant will partially go into operations next year to meet increasing demand.

China Eastern Airlines gets new Dunlop tyres

2012-12-14 13:38:54

Dunlop Aircraft Tyres’ joint venture facility in China has clinched a three-year deal to support China Eastern Airlines’ fleet of ten Embraer 145LI regional jets with new and retreaded tyres.

China's oil refinery output to grow in Dec

2012-12-13 16:29:10

China's oil refinery output will increase to about 42 million metric tons in December, up 7.3 percent year-on-year, indicating that the country's economy is gradually warming up.

EA raises global crude oil consumption estimates

2012-12-13 16:26:20

The global oil consumption will rise 0.9 percent year-on-year in 2013 to 90.6 million barrels a day, according to the latest report from the International Energy Agency.

China's coal imports to grow 48% this year

2012-12-13 16:24:51

China's coal imports will grow 48 percent year-on-year to about 270 million metric tons this year due to the country's increasing energy demand to support its economic development.

BNP Paribas raises stake in Bank of Nanjing

2012-12-13 16:21:06

BNP Paribas SA raised its stake in Bank of Nanjing by 2 percent, the Chinese lender said in a statement on Dec 8, amid reports that France's largest lender plans to boost its stake even further.

Apple slips to No 6 smartphone vendor in China

2012-12-07 15:28:10

Apple Inc's ranking in the Chinese smartphone market fell to No 6 in the third quarter, as the company faced tough competition from domestic rivals, research firm International Data Corp said.

New railway construction firm set up

2012-12-06 17:48:41

China Railway Construction Corp (International) Ltd was established by China Railway Construction Corporation Limited with an investment of 3 billion yuan.

Non-life insurers to see operating margins slip

2012-12-06 17:09:31

Chinese non-life insurers could see their operating margins constrained by capital market volatility and higher acquisition expenses, Fitch Ratings said in a new report on Wednesday.

HSBC: Service sector growth down in Oct

2012-12-06 15:03:58

The expansion of China's service sector moderated to a three-month low in November, according to the HSBC service purchasing manufacturers index figure of 52.1, which fell from 53.5 in October.

Chinese demand for iron ore up in 2013

2012-12-06 14:43:34

The Baltic and International Maritime Council, the world's largest association of shipowners, forecast Chinese iron ore imports will grow at a rate of 7.5 percent in 2013 up from 6.4 percent in 2012.

Bank: Volatility in farm produce prices

2012-12-06 14:03:58

Rabobank forecast volatility in agricultural commodity prices would continue in 2013, particularly in the grain and oilseeds markets.