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Soluxe sees room for growth in hotel management deals

2011-08-11 11:45:21

Soluxe Hospitality Group, a Beijing-based international hotel operator, is seeking to export its management expertise.

Flying head first into the future

2011-08-11 11:40:03

Although Boeing's airplanes account for about 60 percent of the aircraft operated in the country, its market share has dropped about 10 percent compared with that of 15 years ago.

Australian banks advance to Central, Western regions

2011-08-11 11:38:30

Australian banks are set to ride the urbanization boom of China's inland cities to offset the overall low-key presence in the world's fastest-growing economy.

GM to adapt China vans for India

2011-08-11 11:01:47

General Motors Co (GM) will sell Chinese-designed minivans under its Chevrolet brand in India starting next year as the automaker expands in Asia's second-fastest growing major economy.

Founder surges on its Shanghai trading debut

2011-08-11 10:46:42

Shares of Founder Securities Co Ltd surged by more than half on its Shanghai debut on Wednesday, aided by a shift in stock market sentiment after a massive sell-off that investors think was overdone.

GDF Suez and CIC hold talks over cooperation

2011-08-11 10:26:15

GDF Suez SA and China Investment Corp (CIC) are in exclusive talks to seal a $4 billion alliance that will help the French utility fund its expansion in booming Asia and offer China access to new energy resources.

Media Markt plans larger network

2011-08-11 10:06:55

The electronics retailer Media Markt, owned by the German group Media Saturn Holding, plans to have six or seven stores by year-end, all in Shanghai, a senior company official said.

Shenhua Group in $8b Xinjiang coal projects

2011-08-11 09:59:10

Shenhua Group Corp Ltd will invest 52 billion yuan ($8 billion) in coal-to-oil conversion projects in the Xinjiang Uygur autonomous region, a company official said.

High-speed train manufacturer suspends delivery after breakdowns

2011-08-11 09:18:57

The CNR Changchun Railway Vehicles Co has suspended delivery of a type of high-speed train and launched a technical overhaul after a string of breakdowns.

HKEx posts increase of 14% in H1 profit

2011-08-11 09:17:19

Local bourse operator Hong Kong Exchanges & Clearing (HKEx) recorded a 14-percent increase year-on- year in net profit in the first half this year, which amounted to HK$2.584 billion ($331 million).

BHP Billiton confident in China's growth

2011-08-10 17:35:14

BHP Billiton is confident about sustained growth in China despite the worldwide market turmoil, Chairman of the world's biggest miner said on Wednesday.

CIC signs MOU with France's GDF SUEZ

2011-08-10 17:24:20

China Investment Corp (CIC) on Wednesday signed a Memorandum of Understanding with GDF SUEZ SA, a French energy company, to expand bilateral cooperation.