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China Petrochemical Corp, the country's biggest oil refiner, has signed a deal to increase its stake in the coalbed methane producer Australia Pacific LNG Pty Ltd (APLNG) to further tap into sources of unconventional natural gas overseas.
The Chinese Ministry of Commerce (MOC) on Monday conditionally endorsed the acquisition of Samsung Electronics' hard disc drive (HDD) business by the United States' Seagate Technology, clearing the path for the two brands' alignment in China.
Health and beauty retail giant Watsons plans to open 2,000 stores on Chinese mainland during the next five years, a move made to maintain its market dominance in the personal care sector.
The China Petroleum & Chemical Corporation (Sinopec) said on Monday that it has signed a framework agreement with Australia Pacific Liquefied Natural Gas (APLNG) to increase its equity interest in the company from 15 percent to 25 percent.
With new plants under construction and new products in the pipeline, German automaker Volkswagen Group has reached out to new local talent for its fast-expanding business in China.
Dongfeng Motor Corporation, a major Chinese automaker, said on Dec 10 that it aims to triple sales of its own-brand vehicles to 3 million units by 2016.
China's homegrown C919 large passenger plane has finished its preliminary development review and entered the development phase, a senior executive of Commercial Aircraft Corporation of China Ltd (COMAC) in Shanghai said Friday.
German tire manufacturer Continental, a world-leading auto parts provider, kicked off the construction of a two wheel tire plant in the eastern Chinese city of Hefei on Friday.
The global food giant Groupe Danone SA has suspended production at a Shanghai plant and Nestle SA is closing one of its three ice cream factories on the Chinese mainland.
China Unicom, the parent company of the nation's second-largest telecom operator, has jumped ahead of its domestic rivals by announcing an overall mobile Internet strategy.
China's private carmaker Chery Automobile Co Thursday said its overseas sales in the first 11 months of the year hit a new record with a robust 79.7 percent growth.
China's biggest online shopping website, Taobao, has blocked Meiji baby formula from its search results since Meiji Dairies Corp of Japan announced on Tuesday that radioactive cesium was found in the product.
