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Beijing-based Bona Film Group announced Tuesday that News Corporation has signed an agreement to buy 19.9 percent of its stake.
China National Offshore Oil Corp (CNOOC) announced Tuesday it would send a newly-built crane ship to the South China Sea to carry out deepwater pipe-laying operations.
Corning Incorporated broke ground for the $170 million fourth phase of its wholly-owned automotive substrate facility in Shanghai on Tuesday.
McDonald's Corp raised the prices of four products by 1 yuan ($0.15) in China at the end of April, the company confirmed on Tuesday.
Chery Automobile Co exported 17,412 vehicles in April, a high for 2012. It was an increase of 39.1 percent over same month last year and a 40.1 percent rise over March.
Domestic automaker BYD Co has signed an agreement to produce electric buses in Windsor, Canada.
A Chinese supermarket chain denied connections with its former owner who was found to have led recent anti-China protests over the sovereignty dispute between the Philippines and China.
China Southern Airlines on Tuesday announced it is cutting flights to the Philippines as tourist numbers shrink amid tensions in the South China Sea.
China Longyuan Power Group Corp declined sharply in Hong Kong after saying it plans to sell 1.36 billion new shares.
The Aigo Entrepreneurs Alliance said that it will send a delegation of Chinese entrepreneurs to members of ASEAN in July.
China Vanke said late Monday that it has agreed to acquire a Hong Kong-listed real estate developer to aid in its overseas expansion efforts.
PARKnSHOP, one of the largest grocery retailers based in Hong Kong, will close its two remaining stores in Shanghai in May.
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