Chinese rating agency Dagong Global Credit Rating Co on Friday rebutted accusations that Dagong has abused its "AAA" ratings, saying that such criticisms are "inappropriate."
The China Three Gorges Corp (CTGPC), based in central China's Hubei province, has signed a contract with the government of Cameroon to work on a hydropower project in the African country, the company confirmed on Friday.
China Mobile said it hoped to launch Apple iPhones soon to accelerate uptake of high-end 3G services as it reported first-half profit at the top end of expectations, Reuters reported.
Wind power producer China Wind Power International Corp said it signed an engineering contract with China Ming Yang Wind Power Ltd for the construction of its wind farm project in the Asian country, Reuters reported.
China's state-owned enterprises (SOEs) that are administered by the central government, or central SOEs, posted a net profit rise of 15.7 percent year-on-year in the first seven months of 2011.
China's Henan Shuanghui Investment & Development Co Ltd posted a 85 percent slump in its first-half net profit and has forecast its third-quarter earnings to fall as much as 44 percent.
Three days after Google's blockbuster engagement with Motorola Mobility, Hewlett-Packard Co(HP) on Thursday announced to kill its mobile business and a possible spin off of its PC division.
Coca-Cola Co, the world's largest maker of beverages by sales, announced on Thursday that it will join with its bottling partners to invest $4 billion in China between 2012 and 2014.
Hong Kong Exchanges & Clearing Ltd (HKE&C), the most valuable exchange company, said it's in venture talks with China's two stock exchanges.
China's Ministry of Commerce said Thursday that it has not received any applications from Google for an anti-monopoly review on its proposed bid to acquire Motorola's mobile division.
Ping An Insurance (Group) Co, China's second-biggest insurer, said it will spend as much as 20 billion yuan ($3.1 billion) to bolster capital at Shenzhen Development Bank Co after first-half profit rose.
China Mobile Ltd, the world's biggest phone carrier by users, posted a 7 percent gain in second-quarter profit, aided by rising data traffic from smartphone users downloading games and videos.