Nestle plans expansion in China
2011-05-25 10:22:12
The Swiss food and beverage giant Nestle SA expects to announce expansion plans in China in the coming months, after boosting its seasoning production capacity in Dongguan, Guangdong province.
Yanzhou Coal targets $1.1 billion in initial sale
2011-05-25 10:17:33
Yanzhou Coal Mining Co, China's fourth-largest producer, may raise more than A$1 billion ($1.1 billion) in an initial share for at least a third of its Australian unit by the end of the year.
PBOC adviser: US clout impedes reform of IMF
2011-05-25 10:14:59
Emerging economies should have a say in who should take the helm of the International Monetary Fund, but overhauling the global agency is more important than the succession issue, an adviser to the People's Bank of China said on Tuesday.
Wenzhou denies manufacturing base withering
2011-05-25 10:13:06
Municipal government officials in Wenzhou, Zhejiang province have denied speculation that the city faces the loss of its manufacturing base, as factories close and funds are diverted into capital investment.
Europe remains key for exporters
2011-05-25 10:07:13
CNOOC to explore the depths
2011-05-25 09:17:42
China has taken a step forward in its efforts to explore deep-water oil and gas, with the announcement that two advanced pieces of deep-water equipment capable of operating at depths of 3,000 meters are near completion.
UK's rating is downgraded
2011-05-25 09:45:03
The United Kingdom's (UK) sovereign credit rating was downgraded on Tuesday by the Chinese domestic rating agency Dagong Global Credit Rating Co Ltd, citing the country's deteriorating debt repayment capability.
Unilever China raises prices after fines
2011-05-25 13:14:35
Unilever (China) Co, Ltd has raised the prices of some of its products in China three weeks after it was fined by the Chinese government over spreading news of price hike.
Intel posts possible future CEO to China
2011-05-25 09:44:00
If you were the big boss of a world renowned technology firm, where would you send your potential successor? For Paul Otellini, chief executive officer of the world's biggest chip maker Intel Corp, the answer is China.
Luxury goods industry rebounds
2011-05-24 16:45:12
The luxury goods industry has rebounded strongly after the sharp downturn of 2009, with analysts forecasting 2011 to be another record year, particularly for watchmakers, luxury hotels, fashion and leather goods groups.
China's current account posts surpluse in Q1
2011-05-24 15:49:35
China posted surpluses under both the current account and capital and financial account in the first quarter, according to data released by the State Administration of Foreign Exchange (SAFE) on Tuesday.
Goldman cuts China GDP growth forecasts
2011-05-24 13:59:16
Goldman Sachs has trimmed its economic growth forecasts for China to 9.4 percent this year, from 10 percent previously, citing a recent run of surprisingly weak data, high oil prices and supply constraints.