Beijing Automotive introduces new vehicle

2012-02-13 13:22:51

In the midst of stiffer competition that placed Chinese homegrown cars in a tight spot, Beijing Automotive Group (BAIC Group) announced it would launch its first own-brand car next month.

Stores pulling Red Bull on health fears

2012-02-13 11:14:14

Many supermarket chains around the country have stopped selling Red Bull products in reaction to concerns that the energy beverage might contain unauthorized additives, even though the manufacturer insisted that its product was safe.

Cameco benefits from Chinese investment

2012-02-11 15:37:50

Canadian mining giant Cameco, which has been the beneficiary of considerable Chinese investment, saw earnings soar 29 percent during its fourth quarter compared to the same period last year.

Activists hope to thwart IPO bid

2012-02-11 08:10:27

A pharmaceutical company in Fujian province that makes medicines from bear bile has again been targeted by animal rights activists as it makes a second attempt to become publicly listed.

Boeing calls for Sino-US efforts on ETS

2012-02-11 07:56:11

The United States should form a united front with China to combat European Union carbon-emission taxes, said a senior executive with Boeing Co.

Boss of leather wear brand cherishes his natural gift

2012-02-11 07:56:11

Compared with the state-of-the-art offices of many a company president, Zhu Weiming's office looks more like a design workshop and exhibition room.

Sinoma completes $1b cement project in Nigeria

2012-02-10 17:23:46

Chinese company Sinoma has completed a $1 billion cement plant in Nigeria that will provide the country with a new export industry.

Chery exports up 21% in Jan

2012-02-10 14:49:50

China's carmaker Chery Automobile Co Thursday said its overseas shipments in the first month of the year rose 21.2 percent year-on-year to 11,823 units.

Citi to grow in China in investment, staff

2012-02-10 14:01:18

Citigroup Inc, a New York-based major player on world financial markets, will step up its presence in China even as it cuts staff globally, said Chief Executive Officer Vikram Pandit on Thursday.

Lanxess issues $79m in 'dim sum' bonds

2012-02-10 13:52:12

Lanxess AG announced on Thursday that it will issue Chinese offshore renminbi-dominated bonds in Hong Kong worth 500 million yuan to build a new leather chemicals plant in Changzhou, Jiangsu province.

LVMH fund buys stake in Chinese fashion brand

2012-02-10 13:21:34

CITIC Group is joining with a private-equity fund financed by the French luxury giant LVMH Moet Hennessy Louis Vuitton SA to buy a 10 percent stake in the Chinese fashion brand Ochirly.

Lenovo narrows market gap with HP

2012-02-10 09:15:22

The gap in market share between the computer manufacturers Hewlett-Packard Corp and Lenovo Group Ltd has narrowed to 2 percent, according to the Chinese company on Thursday.