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  • Moutai retail chain launched

    2012-05-22 11:20

    A nationwide Moutai-flavor liquor retailing chain was officially launched on Monday in Beijing, which will establish direct sales channels for distillers.

  • Alibaba to repurchase 20% holding from Yahoo for $7.1b

    2012-05-22 10:21

    China's e-commerce giant Alibaba Group Holding Ltd on Monday announced it would buy back some 20 percent of its equity from Yahoo Inc for about $7 billion.

  • FAW-VW sells 72,018 vehicles in April

    2012-05-22 10:15

    The FAW Volkswagen joint venture managed to sell a total of 72,018 vehicles in April. The sales result represents year-on-year growth of 16.48 percent for the manufacturer.

  • Toyota Camry hybrid comes to China

    2012-05-22 09:57

    The Camry HEV is the most recent variation of the seventh generation Camry to be available in China.

  • Automaker planning to promote own brands

    2012-05-22 09:46

    China Changan Automobile, China's largest national auto brand, is trying to introduce its independently made products and brands to other countries.

  • Chinese theme park goes global

    2012-05-22 09:40

    A Chinese Disneyland-style amusement park, the Fantawild Theme Park, will be completed and open for business in Esfahan, Iran, by the end of this year.

  • Wanda's AMC deal a ticket to global role

    2012-05-22 09:02

    Dalian Wanda Group Corp Ltd, the owner of China's largest movie theater chain by box office receipts, acquired the world's second-largest theater chain. 

  • Foxconn to build Apple production line in Jiangsu

    2012-05-21 17:07

    Foxconn Technology Group will invest $210 million to build an Apple production line in October in east China's Jiangsu province, local authorities announced Monday.

  • Dalian Wanda buys US cinema chain AMC

    2012-05-21 16:28

    A private Chinese firm on Monday announced that it will purchase US movie theater chain AMC Entertainment for $2.6 billion.

  • Fonterra sets up Shanghai innovation center

    2012-05-21 14:32

    New Zealand-based Fonterra, the world's biggest dairy company, announced Monday it is to develop unique products for the booming Chinese market at new innovation center in Shanghai.

  • Huawei accused by US tech firm

    2012-05-21 14:27

    The US will launch anti-infringement probe into 45 worldwide consumer electronics manufacturers, including China's Huawei Technologies Co Ltd.

  • Yahoo, Alibaba reach agreement on buyback deal

    2012-05-21 14:24

    Yahoo and Alibaba said Sunday evening that they have reached an agreement on a buyback plan for Yahoo's stake in China's largest e-commerce provider.

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