Fosun plans investments in European luxury brands
2010-07-29 14:54:36
Fosun International Ltd, part owner of Club Mediterranee SA, plans investments in European luxury brands and red wine companies to build alliances for expansion in China, which is forecast to become the biggest luxury market.
Danone sells stake in China's Huiyuan
2010-07-29 10:49:48
French food producer Danone sold its stake in China's Huiyuan Juice Group to a Chinese PE fund for 200 million euros.
7% of SME assets spent on 'relationships'
2010-07-29 10:30:02
Small- and medium-sized enterprises in China spent almost 7 percent of total assets on entertaining their key business contacts to develop "social capital".
SMEs need to have more than courage
2010-07-29 10:20:11
Despite limited help from the government, small- and medium-sized enterprises in China face an uphill battle.
7% of SME assets spent on 'relationships'
Zijin to cut output; earnings impact mild
2010-07-29 09:56:11
Zijin Mining Group, China's biggest gold producer, will reduce production after being instructed to do so by the local government in Fujian, where the company is based.
China Eastern in JV deal with Yunnan govt
2010-07-27 17:41:13
China Eastern Airlines Corp announced Tuesday it will set up a 3.66-billion-yuan ($540.3 million) joint venture airline company in Southwest China's Yunnan province in collaboration with the local government.
Zijin Mining faces production curbs
2010-07-27 16:32:49
The government has ordered Zijin Mining Group Co Ltd to restrict production after discharges from its copper mine polluted a river and reservoir in Fujian province, the China Securities Journal reported on Tuesday, citing unnamed sources.
Hotel star ranking system under increased scrutiny
2010-07-27 15:52:21
The country is planning to accelerate a mechanism with which to strip poorly run hotels of their star rankings in order to protect the image of all the 15,000 star-rated hotels across the country, a top tourism official said on Monday.
Zijin group 'attempts to buy silence'
2010-07-27 15:42:21
The Zijin Mining Group, China's largest gold producer, has been accused of attempting to bribe journalists to cover up a wastewater leak in Shanghang, East China's Fujian province.
Zijin Mining faces production curbs
Zijin shares suspended from trading for 2nd day
Taxi company monopolies allow 'black' cabs to flourish
2010-07-27 11:53:17
A survey conducted by Beijing News found mixed feelings toward unlicensed taxis among the public.
Guoxin Asset Management Co prepares to launch
2010-07-27 11:04:24
The nation's long-awaited State-assets management firm, Guoxin Asset Management Co will be launched later this year, a move to stimulate State asset restructuring.
Sichuan New Hope shares suspended in Shenzhen
2010-07-27 09:59:48
Sichuan New Hope Agribusiness Co Ltd announced its share trading has been suspended for undisclosed reasons that may cause the company's share price to fluctuate irregularly.