Sanofi-Aventis redoubles efforts in Chinese market
2011-05-17 11:19:57
China may become the second-largest market for the French pharmaceutical company Sanofi-Aventis SA within five years, according to the company's Chief Executive Officer Christopher A. Viehbacher.
Coke sizes down to avoid rising costs
2011-05-13 14:10:30
Beverage giants Coca Cola and Pepsi have avoided raising prices in China by reducing the size of their packaging, the Beijing Morning Post reported on Thursday.
New Zealand firms urged to explore China market
2011-05-13 14:04:42
New Zealand Prime Minister John Key said New Zealand companies and trade organizations could do more to explore opportunities in the China market.
CapitaLand to double investment in China
2011-05-13 09:50:14
The Singapore-based property developer CapitaLand Ltd will double its investment in China's commercial real estate and serviced apartments sectors within three to five years, despite the government's rigorous measures to cool the property market.
US companies eye Chinese market for growth
2011-05-12 13:19:31
"The Chinese market is one of the most important markets to Procter & Gamble in our global development range," Shannan Stevenson, P&G's President-Greater China, said in an interview with Xinhua.
ABB benefits from green policy
2011-05-12 09:59:17
ABB Group is poised to invest $100 million in China this year as it sees abundant opportunities arising from the government's policy to increase energy efficiency in the country's 12th Five-Year Plan (2011-2015), said ABB's top executive.
Boeing to double Chinese procurement by 2015
2011-05-12 09:17:31
US aircraft maker Boeing expects to double its purchasing of raw materials and services from Chinese suppliers by 2015, said the general manager of Boeing's parts factory located in China's northern industrial city of Tianjin.
HSBC appoints new group managing director
2011-05-11 16:31:01
Banking giant HSBC Holdings said on Wedsnesday that it has appointed Richard Bennett as its group managing director with effect from May 3, 2011.
Pertamina edges out Sinopec for stake in Angolan oil
2011-05-11 13:25:05
PT Pertamina, the Indonesian state energy company, bid about $3.5 billion for Exxon Mobil Corp's 25 percent stake in an Angolan oil block, surpassing an offer from a Chinese rival, the Wall Street Journal reported, citing a person familiar with the matter.
P&G: Price hike 'last option'
2011-05-11 10:02:33
Procter & Gamble Co will not rule out the possibility of raising product prices even though the Chinese government has vowed to control soaring inflation.
Lufthansa is adding Shanghai service, CEO says
2011-05-10 13:24:36
The German flagship airline Deutsche Lufthansa AG said over the weekend that it is aiming to further increase its presence in China, taking advantage of the fast-growing demand for aviation.
Ecolab hopes to cash in on food safety awareness
2011-05-10 10:09:14
Ecolab Inc, a US-based producer of disinfectant and food safety services company, plans to increase investment in China, thanks to fast-growing demand in the local market, said one of the company's top executives.