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Smart leads the charge

2011-07-21 10:45:40

China has been the third-largest market for the smart brand of micro-cars by Mercedes-Benz, presenting great potential to be the No 1 market in the near future.

Nielsen on a 'watch and buy' basis

2011-07-21 10:28:21

The mission of David Calhoun, chief executive officer of The Nielsen Company, one of the world's leading suppliers of marketing and media information, TV ratings, online intelligence and cell phone data, is to measure the world in a "watch and buy" way.

Kweichow Moutai expects 15% production rise

2011-07-21 10:04:22

China Kweichow Moutai Distillery Co, the parent of the world's second-largest listed distiller by market capitalization, forecast a 15 percent increase in output this year as the country's rising incomes boost alcohol demand.

Lenovo to sell android-powered tablets in US

2011-07-21 09:35:47

Lenovo Group Ltd, China's biggest maker of personal computers, will start sales of two new tablet devices in the US to compete in a market dominated by Apple Inc's iPad.

Apple's sales in China grow sixfold

2011-07-21 09:31:58

Apple Inc needs to improve its Chinese market strategy to match its surging growth in the country, industry experts told China Daily.

CNOOC to acquire Opit Canada

2011-07-21 09:12:17

China National Offshore Oil Corp Ltd said on Wednesday that it agreed to acquire cash-strapped oil sands producer Opti Canada Inc for $2.1 billion in cash and debt, a week after Opti filed for bankruptcy protection.

Bohai to deliver 1st mega dry bulk ship

2011-07-20 16:09:15

China's Bohai Shipbuilding Heavy Industry will soon deliver its first mega bulk carrier to Berge Bulk, local media reported, according to Reuters.

CNOOC gets nod for Hainan LNG project

2011-07-20 14:11:28

The State-owned Assets Supervision and Administration Commission issued a notice on July 18, 2011, saying that CNOOC's Hainan LNG project won final approval from the National Development and Reform Commission, the National Business Daily reported Tuesday.

COFCO owns 99% of Tully Sugar

2011-07-20 13:55:14

COFCO increased its share holdings in Australia sugar producer Tully Sugar from 61.25 percent to 99 percent, the Beijing Times reported on Wednesday.

China Mobile subscribers reaches 616.8m

2011-07-20 13:45:07

China Mobile Ltd, China's largest mobile carrier, said on Wednesday that its total mobile subscribers increased to 616.79 million in June, including 35.03 million 3G subscribers, Reuters reported.

Ji En Nickel to raise $928m

2011-07-20 13:43:11

China's Jilin Ji En Nickel Industry said on Wednesday that it aimed to raise up to 6 billion yuan ($928 million) via a private placement.

Honda cuts 2011 China sales target by 13%

2011-07-20 13:10:01

Honda Motor Co said on Wednesday it was cutting its 2011 car sales target for China by 13 percent as Japan's earthquake and tsunami in March disrupted its supply chain and forced production cutbacks, Reuters reported.