Chery and Fuji Heavy close to Subaru deal
2011-06-02 11:03:20
Chery Automobile Co Ltd is in talks with Fuji Heavy Industries Ltd about a possible joint venture to produce Fuji Heavy's Subaru brand vehicles in China, according to insiders of the two parties.
No swell time for melon growers
2011-06-02 11:00:47
Reports of watermelons bursting from excessive amounts of a "swelling agent" have also popped the incomes of growers.
Lenovo buys into Medion to expand in Europe
2011-06-02 10:18:48
Lenovo Group Ltd, China's largest PC maker by market share, announced on Wednesday that it intends to double its market share in Germany by acquiring Medion AG, a multimedia and consumer electronics maker.
Write-off plan may boost nation's banks
2011-06-02 09:53:42
China's top banks are expected to receive a short-term boost from a plan to have Beijing write off local government debt. However, the move highlights concerns looming over the future impact of the country's lending spree.
Energy imports to increase
2011-06-02 09:29:51
China will tackle an impending power shortfall by increasing energy imports, said the National Development and Reform Commission (NDRC), the top economic planner, on Wednesday.
Factory output slowing
2011-06-02 09:17:07
The purchasing managers' index (PMI), a key gauge of manufacturing activity, hit a nine-month low in May, sparking fears that ongoing monetary tightening measures may slow economic growth.
Real-name ticket for high-speed trains
2011-06-01 17:47:29
China began selling real-name high-speed train tickets nationwide on Wednesday in an effort to improve railway security and eliminate ticket scalping.
Mainland stops imports of tainted drinks
2011-06-01 17:12:22
As of June 1, the Chinese mainland will suspend imports of beverages, food products and food additives from Taiwan that are produced by companies suspected of using a cancer-causing plastic additive.
Yahoo, Alibaba reach deal over Alipay
2011-06-01 16:35:59
Yahoo Inc has resolved a dispute with partner Alibaba Group over the Chinese company's transfer of its prized online payments unit to its CEO Jack Ma, two sources close to the matter said.
LV exhibition held at National Museum
2011-06-01 15:18:52
Luxury goods makers may boast familiarity with China, but the pace of change in the world's fastest-growing country still startles them.
Coca-Cola considers listing in Shanghai
2011-06-01 15:06:45
Coca-Cola Co, the world's largest soft-drink company, is interested in a possible listing on the proposed international board on the Shanghai Stock Exchange, Hong Kong Economic Journal reported on Wednesday.
Futures transaction value up to $8.71t
2011-06-01 14:05:29
Trading in China's four commodity futures exchanges surged 22.58 percent year-on-year in the first five months of this year, the China Futures Association said on Wednesday.