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Orix to invest $1b in China for water treatment

2011-08-08 10:30:01

Orix Corp, the Japanese provider of financial services ranging from leasing to insurance, plans to invest up to 80 billion yen ($1 billion) in China over two years in water, machinery and renewable energy.

Dell looks to SMEs for growth

2011-08-08 10:16:10

The first time I met Carley Roney was at Dell Inc's Women's Entrepreneur Network (DWEN) Forum in June. She looked more like a fashion model than an entrepreneur who owns one of the most famous bridal websites in the United States.

Lucrative golf industry lures stiff competition

2011-08-08 09:58:06

No one can ignore a 3 billion yuan ($462 million) market, especially when it is growing at an annual rate of 15 percent. For the world's renowned golf equipment brands, China's golf market is the next gold rush.

China Everbright Bank H1 net profit ups 35%

2011-08-08 09:46:21

China Everbright Bank's net profit rose 34.77 percent year-on-year to 9.21 billion yuan ($1.43 billion) in the first half of this year, the bank said in a statement filed to the Shanghai Stock Exchange.

China, key to Monsanto's growth

2011-08-08 09:44:35

Rising incomes and surging demand in China makes this country a top growth target for Monsanto, the world's largest seed company over the longer term.

ConocoPhillips blasted for slow action on oil leaks

2011-08-06 17:45:29

Chinese maritime authorities have criticized ConocoPhillips China for acting slowly to entirely block oil leaks in northeast China's Bohai Bay.

Volvo to recall 1,303 imported cars in Chinese mainland

2011-08-06 15:50:02

Swedish automaker Volvo Cars is recalling 1,303 imported S80 3.2 automobiles sold in the Chinese mainland over potential steering problems, China's quality watchdog said on Friday.

CSR H1 profits surge 85% in H1

2011-08-06 15:22:32

China South Locomotive & Rolling Stock Corp (CSR), the country's biggest train maker, said on Saturday that its first-half profits jumped 85.08 percent year-on-year to 2.04 billion yuan ($318.75 million).

Yili profits up 137% in H1

2011-08-06 14:27:45

The Inner Mongolian Yili Industrial Group Co, one of the biggest milk products makers in China, posted a 136.7-percent increase in its first-half profits despite rising raw material costs and fierce industry competition.

Investors take a punt on poker-card manufacturer

2011-08-06 10:48:07

Shanghai Yaoji Playing Card Co Ltd soared 71.71 percent to close at 36.06 yuan ($5.60) a share on its first trading day after listing on Shenzhen's growth enterprise board (ChiNext), China's version of the Nasdaq.

Auto firms battle for sales in Xinjiang

2011-08-06 10:44:20

Both domestic and foreign auto brands are expanding their sales networks in the Xinjiang Uygur autonomous region to meet increasing demand locally and to make Urumqi, the region's capital, a key future market for auto companies.

Baidu buys into e-book retailer

2011-08-06 10:11:31

Baidu Inc, China's biggest search engine by market share, has bought approximately 40 percent of a Chinese e-book seller, Fanshu.com.