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Foreign firms find the going tough in China's FMCG market

Growth slowed further in China's fast-moving consumer goods market during the first three months of the year, with foreign brands seeing a steeper erosion in market share.

Stocks tumble on back of sluggish factory data

Stocks fell on Wednesday, following the biggest swing in Shanghai index since 1992, as the latest data showed factory activity remained sluggish.

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Companies

State Grid spreads wings abroad

State Grid Corp of China has inked agreements with Russia and Kazakhstan for cross-country electricity transmission lines as part of its efforts to expand its overseas presence.

Industries

Nation to sell 1 million tons of cotton reserves

China will auction an initial 1 million tons of cotton from its bulging State stockpiles over the next two months and will also consider purchasing when the harvest starts later this year.

Motoring

Vehicle makers on bumpy road to international status

The growth in Chinese vehicle exports in recent years has prompted original equipment manufacturers to navigate the next wave of globalization, including sales and service networks and dealer networks.

Hot Topics
Top executive of Infor has head in the cloud

Charles Phillips, chief executive officer of the New York-based Infor, said that his company is at a critical point in its development as it seeks ways to sustain growth.

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