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Sinopec Group has signed a framework agreement with Orka Energy Ltd to expand cooperation in developing geothermal resources.
The net profit of China Vanke Co, the country's largest property developer, rose 15.8 percent year-on-year in the first quarter of 2012.
Auto giant Volkswagen sealed a deal to build a new factory in China - where it plans to invest 14 billion euros ($18 billion) in five years.
Gaopeng.com, a joint venture between Groupon Inc, a group-buying website, and Tencent Holdings Ltd, China's largest Internet company by sales, is in talks about merging with a rival, said an industry source.
The PBOC's total assets have ballooned up 119 percent to $4.5 trillion in the past five years, making it the world’s biggest central bank in terms of total assets.
SilkAir, the regional wing of Singapore Airlines, has announced plans to increase services across China.
China's homegrown brands are expected to become more popular in the next 10 years due to an increasing emphasis on product quality, auto industry insiders say.
At the 2012 Beijing Auto Show, Mercedes-Benz will debut a range of new forward-looking designs, including a number of luxury SUV models.
Chinese carmaker Dongfeng Motor expects its auto export to grow about five times to reach 300,000 units in 2016, the company announced.
ICBC said Friday that it has received approval from Poland's financial regulatory authority to open a branch in the central European country.
Businessman Huang Nubo has become an unexpected cultural ambassador after he organized an annual poetry festival linking China and Iceland.
Xuzhou Construction Machinery Group (XCMG) has agreed to acquire a major stake in Schwing, the second largest concrete pump manufacturer in Germany, Schwing announced on Thursday.
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