Foreign vineyards eager to tap Chinese market

2011-11-08 07:54:31

As growth slows in their traditional markets, wine makers from around the world are eager to tap demand in China, but industry players say the increased competition and a lack of wine drinking culture mean it won't be easy money.

China to boost domestic iron ore supply

2011-11-08 09:20:27

China plans to supply 45 percent of its iron ore use by 2015, a big increase from last year's 32 percent, as the country steps up efforts to protect its steel industry from a foreign monopoly over iron ore.

Real estate meltdown fears

2011-11-08 09:00:18

A number of leading real estate brokerages have started shutting outlets, as the government's ongoing property-tightening measures cause transactions to slump and the price of pre-owned homes to hit a record low.

Housing market close to turning point

2011-11-07 15:02:33

The continued tightening measures of the government and the poor autumn sales volume have forced Chinese property developers to cut housing prices nationwide, which indicates that the market is moving closer to a turning point.

China's steel consumption to hit 750m tons by 2015

2011-11-07 14:55:45

China's annual consumption of crude steel is expected to reach 750 million tons by 2015, according to the industry's five-year plan issued Monday.

World mining industry shows good prospects: Official

2011-11-07 14:01:47

In spite of the uncertainty of the world's economy recovery, the mining industry is now showing good development potential, said a senior official with China's Ministry of Land and Resources in Tianjin municipality on Sunday.

Cotton producer faces inventory pressures

2011-11-07 14:00:27

China's major cotton production base in the far western region is expected to have a good harvest this year, but the lack of processing facilities and smooth transportation is increasing inventory pressures.

Japanese brands top quality survey

2011-11-07 13:51:39

Although quality recognition of Japanese brands still lags German competitors in China, they performed extremely well in the latest China Initial Quality Study (IQS) by influential industry analyst JD Power Asia Pacific.

Appetite for home delivery meals rises

2011-11-07 13:50:46

Demand for online Chinese meal ordering and delivery services has increased in recent years in mega cities such as Beijing and Shanghai but experts say companies need to improve service quality to attract more customers.

Domestic toy market perks up

2011-11-07 13:50:01

Chinese toy exporters are coming to a turning point where domestic growth is starting to outpace that of overseas orders.

Global investment still active in China's mining industry

2011-11-07 13:49:26

China's investment in the mining industry increased 27.9 percent from a year earlier to 2.6 trillion yuan ($409.9 billion) in the first three quarters this year, showing a steady development as against a slower world economy.

The price is right as ginger growers enter cooperatives

2011-11-07 11:13:20

In recent years, Chinese farmers have often suffered from the severe price turbulence that has affected crops such as ginger, garlic and mung beans. The uncertainties have forced them to seek new ways to hedge against losses caused by price fluctuations.