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McDonald's to double Chinese employees

2012-05-16 16:19:33

McDonald's Corp said it will almost double the number of Chinese employees by the end of this year to follow its fast expansion plan.

Rising releases new anti-virus software

2012-05-16 14:10:42

Beijing Rising International Software Co Ltd on Tuesday released the nation's first business-level anti-virus system based on private cloud technology.

Vanke to acquire unit of Wing Tai

2012-05-16 13:01:20

China Vanke Co reached a deal with Hong Kong-based Wing Tai Properties to acquire its subsidiary company Winsor.

China Nonferrous Mining plans HK IPO

2012-05-16 11:29:33

China Nonferrous Mining Corp, a unit of the State-owned metals producer, plans to raise $314 million in an Hong Kong IPO.

Bristol-Myers unveils $20m expansion plan

2012-05-16 10:57:42

Multinational drug producer Bristol-Myers Squibb Co is to invest $20 million in China to expand manufacturing capacity.

News Corp to take stake in Bona film

2012-05-16 10:56:48

Bona Film Group will sell nearly a 20 percent stake in itself to News Corp to expand its global business and gain further advantage.

Prices up 1 yuan at McDonald's

2012-05-16 10:30:44

McDonald's Corp has raised the prices of some set menu items for the second time this year in China to offset higher operating costs.

Baidu, Changhong debuts smartphone

2012-05-16 09:31:05

Baidu and Changhong jointly launched an entry-level smartphone running Baidu Cloud operating system at 899 yuan ($142).

News Corp buys stake of Chinese film firm

2012-05-15 17:33:28

Beijing-based Bona Film Group announced Tuesday that News Corporation has signed an agreement to buy 19.9 percent of its stake.

Deepwater crane ship sent to South China Sea

2012-05-15 17:04:31

China National Offshore Oil Corp (CNOOC) announced Tuesday it would send a newly-built crane ship to the South China Sea to carry out deepwater pipe-laying operations.

Corning expands production in Shanghai

2012-05-15 15:25:14

Corning Incorporated broke ground for the $170 million fourth phase of its wholly-owned automotive substrate facility in Shanghai on Tuesday.

McDonald's

2012-05-15 14:54:15

McDonald's Corp raised the prices of four products by 1 yuan ($0.15) in China at the end of April, the company confirmed on Tuesday.

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