Sinomach buys McCormick France
2011-03-23 09:45:45
China National Machinery Industry Corp (Sinomach), the biggest machinery manufacturer in China, has acquired the agricultural machinery-parts maker, McCormick France SAS. The deal - worth 8 million euros ($11.19 million) - was made through a Sinomach subsidiary.
China Life says net profit up 2.3% in 2010
2011-03-23 09:19:10
China Life, the nation's largest life insurer, said Tuesday its net profit rose 2.3 percent year on year to 33.63 billion yuan ($5.10 billion) in 2010.
China approves coke futures trading
2011-03-23 09:15:35
China's securities regulator announced Tuesday that it has approved coke futures trading on the Dalian Commodity Exchange.
US companies in China profitable: Survey
2011-03-23 09:12:32
More US businesses in China said they were profitable last year even as they are still worried about the prospects of local market access, the American Chamber of Commerce in China (Amcham) said on Tuesday.
Developers urged to sell houses at marked prices
2011-03-22 17:55:57
China's top economic planner announced a new regulation Tuesday, demanding property developers to sell homes at marked prices from May 1 this year.
China to see decline in farm produce prices
2011-03-22 17:55:11
China's farm produce supplies have increased amid warming weather and the country will see a decline in prices soon, the commerce ministry said Tuesday.
China to accelerate development of OTC market
2011-03-22 17:54:46
China will accelerate the development of its over-the-counter (OTC) stock market by first opening it to qualified high-tech firms and then expanding participation to other sectors, local media said on Tuesday.
Million yuan bedding
2011-03-22 17:53:21
A bedding set worth one million yuan ($152,400) was presented to the public at a home goods store in Nanjing, Jiangsu province.
Starr Investments sues China MediaExpress
2011-03-22 17:51:31
Starr Investments, a firm run by former AIG chief Maurice Greenberg, has sued China MediaExpress Holdings , saying it was fraudulently induced to invest about $13.5 million in the firm, court documents show.
Rocketing world oil price fuels up China's price-hike momentum
2011-03-22 17:49:59
China is likely to raise the price of petroleum products as international oil prices continue to soar, Chinanews.com reported Tuesday.
Hainan to adopt offshore duty-free policy
2011-03-22 17:45:27
The offshore duty-free policy trial for South China's tropical island province of Hainan will be announced Thursday.
China WindPower proposes issue of yuan bonds
2011-03-22 17:43:38
China WindPower Group Limited, an investment holding company mainly engaged in wind power business and industry, said on Tuesday that it has proposed to conduct an international offering of RMB-denominated guaranteed bonds, targeting certain qualified institutional investors in Asia and Europe.