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Automaker Chery opens plant in Venezuela

2011-09-02 10:55:35

Leading private Chinese automaker Chery has opened a plant in Venezuela amid efforts to expand its overseas market, the company announced Thursday.

Air China launches 2nd nonstop Beijing-LA flight

2011-09-02 10:54:47

The second daily nonstop flight between Beijing and the Los Angeles International Airport (LAX), operated by Air China, was launched amid a grand water cannon salute held Thursday.

Oil plants feel the heat

2011-09-02 09:05:36

It took 300 firefighters and 50 fire trucks three hours to conquer the blaze on Monday at the Dalian plant of the China National Petroleum Corporation (CNPC).

Iceland land deal 'purely commercial' project

2011-09-01 16:47:33

Zhongkun Group's planned $100 million investment in Iceland is a purely commercial move without any political motive, the company's Vice-President Xu Hong told China Daily on Wednesday.

Patience is a virtue for haute couture

2011-09-01 14:01:44

Domestic high-end clothing manufacturers have a long way to go to become luxury brands, but this is the best time for luxury brands to develop in China, experts said.

Largest furniture chain caught selling fakes

2011-09-01 15:35:56

Red Star Macalline (Red Star), China's largest furniture retail chain, has been caught selling fake furniture, China Business News (CBN) reported Thursday.

Chinese firms take 15% stake in Brazil's CBMM

2011-09-01 15:30:27

Three Chinese firms have jointly acquired 15 percent of stake in the world's largest supplier of niobium, Brazil's CBMM.

Authority starts checking Conoco oil leak claim

2011-09-01 15:15:43

China's maritime authority started a site inspection on Thursday to check the claim of ConocoPhillips China (COPC) that it has sealed off an oil spill that polluted north China's Bohai Bay.

NE Tiger's Zhang is a man with a dream

2011-09-01 13:55:33

Zhang Zhifeng said his company will one day give up original design manufacturing (ODM), but he still needs the business now to support his dream of building a luxury brand.

Harman targets Chinese market

2011-09-01 13:54:15

The premium audio and infotainment group Harman International Industries Inc expects annual sales in China to surge to $1 billion by 2015 as it pours heavy investment into local production and technology research and development (R&D).

Merck Serono sees growth in individualized R&D

2011-09-01 13:53:46

Merck Serono Co Ltd, the biopharmaceutical division of Merck KGaA, will pursue stratified treatment research and development (R&D) in China, with the drug company's fourth R&D facility worldwide starting up in Beijing on Wednesday.

China sales seen growing 30-40% annually for eBay

2011-09-01 13:47:41

EBay Inc, operator of the world's largest online marketplace, expects sales from large exporters in China to grow 30 percent to 40 percent annually, taking advantage of China's low-cost manufacturing and eBay's 97 million users worldwide.