BSH to build new production facility in Anhui province
2011-02-24 10:20:30
Bosch and Siemens Home Appliances Group (BSH) said on Wednesday that it plans to build a new refrigerator production base in China.
Huawei wins suit against Motorola over property rights
2011-02-24 10:17:51
China's Huawei Technologies Co Ltd said Wednesday it had won a lawsuit against Motorola and Nokia Siemens Networks (NSN), and a US court has now prohibited Motorola from selling any confidential data from Huawei to NSN.
Qingdao Port plans to be regional hub
2011-02-24 10:16:30
Qingdao Port is seeking a more ambitious position among its major Northeast Asian rivals as it tries to transform itself into a regional shipping center offering premium businesses in cargo handling, logistics and related industries.
Supervision of property-related trust biz to continue
2011-02-24 10:05:37
The China Banking Regulatory Commission (CBRC) said on Wednesday that its supervisionary policies and requirements for loans from trust firms to property developers remain unchanged, denying media reports that it has loosened restrictions.
Inflation concerns hit consumer confidence
2011-02-24 09:00:31
China's consumer confidence index saw its second consecutive quarterly decline in the last three months of 2010, mainly weighed down by people's expectations of higher inflation, research by the National Bureau of Statistics (NBS) and The Nielsen Company showed on Wednesday.
Tough measures to cool Hainan property prices
2011-02-24 09:53:24
Hainan provincial government has ordered the cities of Haikou and Sanya to launch tough measures to cool local property prices, which have soared after the government announced plans to develop the island province into an international tourism hotspot.
All central SOEs will be listed in future
2011-02-23 16:12:05
The State-Owned Assets Supervision and Administration Commission of the State Council (SASAC) has said that all large State-owned enterprises (SOEs), including centrally-administered SOEs, will be listed in the future.
Best Buy re-evaluates strategy
2011-02-23 09:50:26
The consumer electronics retailer Best Buy said on Tuesday that it will close its retail headquarters in Shanghai, along with nine of its stores in China.
Mainlanders next in line for a Hainan tax break
2011-02-23 15:02:52
In May or June, Chinese travelers to the tropical resort of Hainan province will probably be able to buy tax-free goods worth several thousand yuan, said Lu Zhiyuan, director of the Hainan provincial tourism development commission.
Chinese companies win $81m UN bidding project
2011-02-23 10:42:38
Two Chinese companies jointly won a bidding project for solar power equipment with the United Nations worth $81 million.
Confused bid at Groupon's China site
2011-02-23 10:25:14
Discount website Groupon has buyers in markets across the globe rushing for great deals, but this time it may have itself been too hasty in launching a bid.
China pledges to spend more in repairing reservoirs
2011-02-23 10:18:51
China will spend 62.54 billion yuan in repairing and consolidating its legions of dangerous reservoirs across the country in the coming five years.