Traditional medicines take on Western competitors
2010-02-02 08:05:30
Yunnan Baiyao, a legendary Chinese herbal medicine famed for its seemingly magical ability to help wounds heal, is no longer a purely classic Chinese medicine. Now the iconic herbal brand, aspires to rival Johnson and Johnson or GlaxoSmithKline in global healthcare products manufacturing industry.
Top bidder stripped of villa land contract in Beijing
2010-02-02 07:52:51
The Beijing municipal government has torn up a commercial residential land contract that set the record last year as the most expensive residential land in Beijing.
Sohu quarterly profit down
2010-02-01 17:17:26
Sohu.com Inc, the Chinese Internet company that separately listed its online-games unit last year, said profit fell 43 percent, missing analysts' estimates, after the spinoff cut earnings from the subsidiary.
Bright Dairy says back to profit in 2009
2010-02-01 11:12:49
Bright Dairy & Food Co Ltd, one of China's leading dairy producers, said Saturday that the company was back to profit in the past year after it slipped into the red in 2008 due to the melamine scandal.
China Pacific Insurance expects 2009 profit to surge 400%
2010-02-01 11:11:14
China Pacific Insurance Group Co, the country's third largest insurer, said Jan 30 its net profit is estimated to grow at least 400 percent in 2009 from a year ago.
China Unicom forecasts 2009 profit to plunge by 50%
2010-02-01 11:09:51
China Unicom, the country's second largest telecom operator, said Saturday its net profit might have dropped by more than 50 percent in 2009, as the one-time gain from the sale of a mobile business laid a higher comparison basis for 2008.
China's Ping An Insurance profit up 1,500% in 2009
2010-02-01 11:08:05
Ping An Insurance (Group) Co of China, the country's second-largest insurer, said in a statement to the Shanghai Stock Exchange Saturday that its net profit in 2009 would grow over 1500 percent over the 2008 level.
China Eastern to launch new flight between Kunming, Dubai
2010-02-01 11:05:55
China Eastern Airlines will launch new air service from the southwestern Chinese city of Kunming, the capital of Yunnan province, to Dubai on Feb 22, the company said Jan 30.
High-end liquor firms get busy
2010-02-01 07:59:39
Consumption surges to unexpected levels as Spring Festival nears...
China's ZET says 2009 profit jumps up to 56% on 3G business gains
2010-01-30 11:18:57
ZET Corporation, China's largest telecom equipment producer by market value, said its profit is estimated to surge up to 56 percent in 2009 benefited by large-scale construction of 3G networks.
Tibet Tianlu's 2009 profits jump 850%
2010-01-29 16:13:09
Tibet Tianlu Co, Ltd, a major road builder in Southwest China's Tibet autonomous region, Friday forecast its 2009 net profits would jump 850 percent from a year earlier.
Baotou Steel Union forecasts $190m loss in 2009
2010-01-29 16:09:20
Inner Mongolian Baotou Steel Union, a major steel maker in north China, Friday forecast losses of 1.3 billion to 1.7 billion yuan ($190 million to 249 million) in 2009.