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BEIJING - New Zealand milk giant Fonterra Co-operative Group Ltd will invest 260 million yuan ($40 million) in its third dairy farm in China, part of the company's strategy to enhance the quality of fresh milk supply to the Chinese customers after a series of milk scandals, the company said on their website.
China's furniture industry is facing a credibility crisis with consumers following a country-of-origin controversy.
Spring Airlines aims to raise more than $1.2 billion in an initial public offering in the first quarter of 2012 as China's sole budget carrier wants to double its fleet size in the next four years, its president said on Thursday.
HTC unveiled its 1st tablet computer, the price is higher than expected, which could make it hard to challenge Apple's dominant position.
Air China, the country's biggest international carrier, received its first Boeing 777-300ER Thursday afternoon, which is also the first such aircraft for the Chinese mainland.
Xunlei, a leading consumer internet platform for digital media in China, announced Wednesday it had postponed its initial public offering (IPO) on the NASDAQ Global Select Market.
The scandal-hit DaVinci Furniture Ltd has finally fronted up to customers regarding settlement of claims, Cnr.cn reported Thursday.
China International Capital Corporation Ltd (CICC) realized a 130 million yuan ($20.1 million) net profit in the first half of 2011, down 70 percent year-on-year, Yicai.com reported Wednesday.
Two of China's largest edible oil producers have applied for a price-hike after the price control policy expired in June, because of surging the raw material costs, the 21 Century Business Herald reported on Thursday.
China State Construction Engineering Corp said on Thursday it had set up a joint venture company with Xinjiang Construction to invest in real estate projects in Northwest China's Xinjiang Uygur autonomous region, Reuters reported.
Multinational healthcare devices manufacturer Cook Medical Inc expects to almost triple its business in the Asia-Pacific region by 2015 on the back of continuing strong growth in China, according to the company's senior executives.
361 Degrees International Ltd, a Chinese maker of sports shoes and clothing, climbed the most in 10 months in Hong Kong after the company said store sales rose as it continued to open outlets.
