Philippine Metrobank to open new branch in E China
2012-02-14 10:10:25
Philippine Metrobank will open a new branch in the city of Quanzhou in east China's Fujian province, a provincial government official said Monday.
China's aviation giant to expand fleet
2012-02-14 10:07:08
A major Chinese aviation group said Monday it will expand its aircraft fleet and boost revenues to become a global carrier by 2015 as the country's aviation industry grows.
Dangdang and Gome in cooperation talks
2012-02-14 09:56:57
Dangdang may join hands with Gome to develop its product portfolio in the face of increasing challenges from competitors.
China Investment Corp gets injection of capital
2012-02-14 09:23:46
China Investment Corp, the nation's sovereign wealth fund, has received a capital injection after it invested almost all of its cash in 2010, said Lou Jiwei, CIC chairman.
Localization fuels Starbucks' success in China
2012-02-13 17:31:54
Sales of the US-based coffee chain operator, Starbucks Corp, increased 30 percent year-on-year in the Chinese market in 2011, compared with the growth rate of 10 percent at home.
Beijing-based restaurant chain's IPO ceased
2012-02-13 17:20:11
China's top securities regulator declined the initial public offering application of South Beauty Co, a Beijing-based restaurant chain operator, according to a list released by the China Securities Regulatory Commission (CSRC) on Jan 30.
Company gives out car as bonus
2012-02-13 17:20:07
Each employee of a company in Qingdao, Shandong province gets a car as the yearly bonus on Feb 10, 2012. The company spent 1 million yuan on buying cars for its 12 employees.
China brewers eye HK Kingway's beer assets
2012-02-13 17:19:30
Mainland brewers including China Resources Enterprise Ltd and Tsingtao Brewery Co Ltd are among potential suitors eyeing bids for the brewery operations of Hong Kong-listed Kingway Brewery Holdings Ltd.
SWISS re-institutes direct service to Beijing
2012-02-13 16:19:33
Swiss International Air Lines (SWISS) plans to re-institute direct service between Beijing and Zurich on Feb 12, operating five days a week until May 31 and daily thereafter.
Chinese furniture retailer's 'fake imports' fine paid
2012-02-13 14:52:25
Authorities in Shanghai said Saturday that luxury furniture retailer Da Vinci has already paid its "fake imports" fine, over a month after the company openly refused to pay the penalty fare.
Dangdang, Gome may form e-commerce alliance
2012-02-13 14:02:51
E-commerce China Dangdang Inc may join hands with Gome Electrical Appliances Holding Ltd to fend off rising competition from rival 360buy.com, according to China Business News on Monday.
China Grand Auto in talks with Sanroad
2012-02-13 13:26:19
China Grand Auto, the second-largest domestic car dealer measured by revenues, is eyeing an acquisition that is still under negotiations.