Toyota says not to withdraw from China

2012-10-19 16:51:57

Toyota has denied media reports that it will withdraw from the Chinese market and shut down production facilities in the country.

China to issue national mobile payment standard

2012-10-19 16:17:40

Officials from the People's Bank of China said that China will issue a national mobile payment standard as early as the end of the year.

Banks' profit growth to keep slowing in Q3

2012-10-19 16:07:25

Profit growth among listed commercial lenders will continue to slow down in the third quarter, although in a modest way, analysts said.

Spring cancels promotion for flights to Japan

2012-10-19 15:54:06

Spring Airlines has cancelled a campaign offering reduced tickets for flights to Japan on Thursday due to mounting public pressure.

Huayi Brothers revenue up 70% in Q3

2012-10-19 15:25:11

Huayi Brothers Media Group Corp third-quarter revenue was 259 million yuan ($41.4 million), up 71.71 percent year-on-year, thanks to its box-office income growth.

China is going for green energy with NGO's help

2012-10-18 15:48:40

Peggy Liu, chairwoman of the Joint US-China Cooperation on Clean Energy, or JUCCCE, said that she often gets asked if China really wants to go green.

Lexus denies it stopped exports to China

2012-10-18 15:36:45

Lexus China denied that it has stopped importing cars, and said that some popular models, such as the ES300h, are still being imported.

Brazil looks to China for investment

2012-10-18 14:17:12

The Brazilian government's stimulus package to increase its economy will create tremendous demand for Chinese products and investment.

Photovoltaics overcapacity 'to be solved'

2012-10-18 14:14:41

China's photovoltaic industry, which is suffering from European and United State's trade protectionism and domestic overcapacity, is expected to reach a turning point.

Passenger held for using phone on plane

2012-10-18 13:07:20

A passenger was detained by police for using his phone on a flight from Canada to Beijing on Tuesday, Beijing Times reported.

Fugitive turns himself in after 32 years

2012-10-17 17:45:39

A fugitive fraudster on the run for more than three decades has surrendered himself to police - because he wants free food, clothes and medical treatment.

Executive pay soars by $59,000 in 5 years

2012-10-17 11:10:49

The salary for executives increased by 370,000 yuan ($59,085) in five years, Beijing Times reported Wednesday.