China may surpass Japan in tourism
2011-03-31 10:20:21
China is expected to overtake Japan and become the world's second-largest travel and tourism market, at home and abroad, by 2013. That's according to a report released by the Boston Consulting Group (BCG) on Wednesday.
Tsingtao Brewery 2010 net profit up 21.6%
2011-03-31 10:02:06
Tsingtao Brewery Co Ltd, one of China's leading beer makers, Thursday announced its 2010 net profit hit 1.52 billion yuan ($231.8 million), up 21.6 percent year-on-year.
CNOOC to acquire exploration areas in Uganda
2011-03-31 09:59:55
China National Offshore Oil Company Limited (CNOOC Ltd) said on Wednesday that it has signed an agreement with UK-based Tullow Oil plc (Tullow) for a one-third interest in three exploration areas in Uganda for $1.467 billion.
Google lost in a new world without maps
2011-03-31 10:17:52
Google Inc's operations in China may face another crisis as the world's biggest search engine had not yet applied for a license for its online mapping services as the official deadline arrived on Thursday.
NDRC to probe consumer products' price increases
2011-03-31 09:43:06
The National Development and Reform Commission (NDRC) will send inspectors to Chinese consumer goods manufacturers to investigate the reason for a fresh round of price increases for their products.
Beijing to curb new home prices
2011-03-30 16:44:55
The Beijing municipal government pledged to keep new home prices steady or even lower them this year in response to the Central Government's call to keep housing prices in check, local and international media outlets reported Wednesday.
Shanghai sets target for home-price rise
China releases green goals for 2011
2011-03-30 14:46:18
China's resource conservation and environmental protection goals for 2011 were released by the National Development and Reform Commission on Tuesday, and related regulations are likely to be announced soon, the Shanghai Securities Times reported.
Air China H2 net jumps on air travel
2011-03-30 13:20:02
Air China Ltd posted a more than three-fold rise in second half earnings on Tuesday thanks to brisk air travel in the world's second-largest economy and a merger deal, Reuters reported.
Vital is an essential buy for power firm
2011-03-30 11:15:35
China Guangdong Nuclear Power Group will buy the pharmaceutical supplier Vital Group Holdings Ltd, giving its uranium unit a listing in the city.
Licensing to ensure dairy standards
2011-03-30 11:09:35
To legally sell dairy products, retailers in China must apply for new operating licenses or renew their old ones by the end of July or face punishment, the State Administration for Industry and Commerce has announced.
Chinese M&A to focus on domestic consolidation
2011-03-30 11:01:11
China, which dominated the world's mining and metal transaction sectors in 2009, will shift its merger and acquisition (M&A) activity into domestic consolidation, with deals reaching an unprecedented level in 2011, according to a report from Ernst & Young released on Tuesday.
Boss takes control of store expansion
2011-03-30 10:33:23
The German fashion house Hugo Boss AG said that it expects the Chinese market and its expanding network of own-brand stores to drive double-digit growth in both sales and earnings this year.