Eedoo to get in the tech groove 8 months late
2011-02-14 10:14:14
Eedoo Technology Ltd, the video gaming unit of PC maker Lenovo Group Ltd, said it intends to launch its first game console without a remote control by June, according to officials in the company.
Foreign M&As given oversight
2011-02-14 09:09:48
China will establish a ministerial panel to review foreign firms' attempts to buy or merge with domestic companies, laying the ground for the country's first formal process for scrutinizing the national-security questions that arise from international deals.
Chinese firm to build luxury helicopters
2011-02-12 14:47:47
A Chinese motor home manufacturer has acquired licenses from regulatory authorities to build luxury helicopters using technologies from Eurocopter, sources told Xinhua on Friday.
China group-buying market to expand to $3.6b
2011-02-12 14:22:04
China's group-buying market is expected to post strong growth this year as more people look for bargains especially with rising inflation, China Electronic Commerce Research Center said Friday.
China electronic info output up 16.9% in 2010
2011-02-12 14:19:52
The value-added output of China's large electronic information manufacturers grew 16.9 percent year-on-year in 2010, the Ministry of Industry and Information Technology (MIIT) said on Friday.
Hotpot restaurants to list on Nasdaq
2011-02-12 13:25:40
Two hotpot restaurant chains are cooking up plans to list on the Nasdaq stock market within the next two years as part of their attempts to expand overseas.
Fannie and Freddie debt, as SAFE as houses?
2011-02-12 11:24:03
China's foreign exchange regulator has refuted media reports that the country may lose up to $450 billion by holding bonds of Fannie Mae and Freddie Mac, the US mortgage giants.
Moves to increase pressure on policy makers
2011-02-12 11:23:08
A group of 101 US lawmakers have re-launched an attempt to push China into accelerating the process of yuan appreciation, despite its already rapid revaluation since June.
Sequoia quits Feihe funding partnership
2011-02-12 11:11:14
Feihe International Inc, the first Chinese dairy company to list overseas, is facing a withdrawal by its venture capital partner, which may provoke huge cash-flow pressures.
Shanghai to launch new marine fund
2011-02-12 11:10:37
Shanghai has launched a 50 billion yuan ($7.6 billion) fund to invest in its shipping industry, as part of the city's plan to become an international shipping center by 2020, the local government said on Friday.
Head of IMF urges greater role for yuan
2011-02-12 11:02:08
The Managing Director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, said on Thursday that the Chinese yuan should be given a greater role within a restructured international monetary system.
Property tax rule pushing up renting cost
2011-02-12 10:59:28
The government's latest property rules are providing extra impetus for rent increases in many Chinese cities, according to a survey.