Mainland, Taiwan open new air route
2010-06-15 11:34:56
A passenger flight took off from Taipei's Songshan airport and arrived at Shanghai's Hongqiao airport Monday morning, inaugurating a new cross-Strait air route. Taiwan trade pact within reach
$100m in telecom loans for Bangladesh
2010-06-15 10:50:50
The China Development Bank (CDB), the largest bank for international investment and financing in China, will provide $100 million loan to construct telecom network in Bangladesh.
Chinese sports companies focus on sponsorships
2010-06-14 15:09:21
The newest sponsor of women's tennis is a half-billion dollar sporting goods maker that virtually no one outside of China has ever heard of.
China's Goldwind pulls $1.2b HK IPO
2010-06-14 14:40:52
China's wind turbine maker Xinjiang Goldwind Science & Technology said it shelved a plan to raise up to $1.2 billion in a share sale in Hong Kong because of deteriorating market conditions.
Foxconn units to leave Shenzhen after wage hikes
2010-06-13 14:53:42
Foxconn Technology Group is moving part of its major plant away from costly Shenzhen after hefty wage increases at its factories in the southern city, affecting hundreds of thousands of workers.
China Southern world's 3rd biggest air passenger carrier
2010-06-13 09:44:43
China Southern Airlines had the third largest number of passengers in the world in 2009, only behind American Airlines and Delta Air Lines, the Chinese airline said Saturday.
Poly Real Estate's Jan-May sales top $2b
2010-06-12 11:03:48
China's Poly Real Estate Group, the country's second largest property developer by market value, said Friday its contracted sales revenue totaled 15.41 billion yuan ($2.26 billion) in the first five months, up 4.75 percent year-on-year.
Aluminum firm seeks support in US dumping row
2010-06-11 09:41:52
China Zhongwang Holdings Ltd, the country's largest aluminum extrusions maker, is seeking official backing to help it fight a US anti-dumping and countervailing duty charges.
Foxconn slammed again, this time over housing
2010-06-11 07:55:59
Foxconn in Beijing is under investigation for failing to pay the housing accumulation fund for its 10,000 employees over nine years.
CNPC signs gas supply agreement with Uzbek oil company
2010-06-10 14:09:08
The China National Petroleum Corporation (CNPC), parent of PetroChina, announced Thursday it has signed a framework agreement with Uzbekistan oil company Uzbekneftegaz to buy 10 billion cubic meters of natural gas annually.
Chalco says Aurukun well on track
2010-06-10 11:29:49
Aluminum Corp of China Ltd (Chalco), the nation's biggest producer of the metal, is proceeding with plans to develop the A$3 billion ($2.5 billion) Aurukun bauxite deposit in Australia's Queensland state.
Shanghai Electric close to sealing deal for US press maker
2010-06-10 11:19:32
Shanghai Electric Group Co Ltd (SEG), one of the nation's largest mechanical and electrical equipment manufacturers, will complete the acquisition of US-based press manufacturer Goss International for $1.5 billion on June 15, media reports said on Wednesday.