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Lift-off for new Tibet carrier

2011-07-27 09:47:45

Tibet Airlines Co Ltd (TAC) took to the skies on Tuesday, as the highest region of China prepares to welcome more domestic and international visitors.

Baidu to boost support for Qiyi

2011-07-27 09:51:14

Baidu Inc, China's biggest search engine, will deepen investment in its online video arm Qiyi.com Inc, in a move to fuel future growth outside its core search business.

Nissan-Dongfeng to invest 50b yuan

2011-07-27 09:32:02

Nissan's joint venture with Dongfeng Motor plans to invest 50 billion yuan and double its annual sales over the next five years.

Nissan CEO sees China auto market at 20m by 2015

2011-07-26 16:54:45

China's auto market will rise to 20 million units by 2015, with "booming" sales of green cars, Nissan Motor Co CEO Carlos Ghosn said on Tuesday.

New carrier Tibetan Airlines starts flight services

2011-07-26 16:44:51

Tibetan Airlines, the first airline based in Tibet Autonomous Region, commenced flight operations on Tuesday morning in Lhasa

Retailers protest e-commerce low prices

2011-07-26 16:22:33

An online-store owner on Taobao.com refused to budge on Tuesday after 100 off-line retailers accused the owner of violating corporate pricing rules by selling cheaper goods and staged a protest in front of the headquarters of Taobao.com.

Firms unwilling to hold forex as yuan gains

2011-07-26 15:41:23

Chinese firms and individuals are reluctant to hold foreign currency amid expectations the yuan will keep strengthening, despite government efforts to discourage such behavior, the State Administration of Foreign Exchange said on Tuesday.

Baidu revenue forecast beats estimates

2011-07-26 15:40:08

Baidu Inc, China's biggest Internet company by market value, forecast third-quarter revenue that beat analyst estimates as customers spend more on search-engine advertising in the world's second-biggest economy, Bloomberg reported Tuesday.

CIC investment return tops 11% in 2010

2011-07-26 15:21:08

The China Investment Corporation (CIC), the country's sovereign wealth fund, said on Tuesday it has made a return of 11.7 percent on its global investment portfolio in 2010.

Farmers think oil leak is killing scallops

2011-07-26 13:09:50

As ConocoPhillips and China's ocean watchdog try to control the spread of oil leaks in a gulf of the Yellow Sea, fishers in North China's Hebei province are complaining that the disaster has caused the death of a large number of scallops.

Officials consult Apple before closing more suspect stores

2011-07-26 11:21:13

Officials looking into the illegal sale of Apple gadgets say they are waiting for the electronics company to respond before they decide whether to close three more possibly unlicensed stores.

Shuanghui recovers from scandal

2011-07-26 08:46:19

Shuanghui Group, China's largest meat processor, said Monday that its production and sales, which had been affected by the clenbuterol scandal in March, had returned to normal.