Baidu, China's largest search engine, said on Tuesday it has signed an agreement with major music studios for the licensed distribution of music through its mp3 search service.
Shanghai's Hudong-Zhonghua Shipbuilding has signed orders to build four liquefied natural gas (LNG) carriers worth about $1 billion from joint ventures of Japan's Mitsui OSK Lines (MOL), its first major LNG export orders, a newspaper reported on Monday.
Citic Pacific Ltd, an arm of China's biggest State-owned investment company, plunged in Hong Kong after saying the development of its $2.6 billion iron ore mine in Australia may cost 35 percent more than expected and also be delayed.
China Merchants Bank (CMB) will raise up to 35 billion yuan ($5.4 billion) in a Hong Kong and Shanghai rights issue, it said on Monday, as a lending spree during the financial crisis drained its capital.
China is expected to be the second-largest market in the world for Siemens Ltd's healthcare sector over the next two years, driven by the company's new five-year plan focusing on the development of basic medical care.
HNA Group, China's fourth-largest airline group, is seeking to become the first Chinese airline to invest in the European aviation sector by bidding for a Hungarian carrier and a German-based airport operator.
China's top economic planning department has approved a joint venture between the China Changan Automobile Group (CCAG) and French automaker PSA Peugeot Citroen, the CCAG said Monday.
Baoji Oilfield Machinery Co Ltd (BOMCO), the largest oil equipment subsidiary of China National Petroleum Corp (CNPC), has set up a joint venture in Brazil with local companies, CNPC said on its website Monday.
PICC, one of China's largest insurers, plans to raise $5 billion to $6 billion in an initial public offering (IPO) in Hong Kong and Shanghai, International Financing Review reported.
China's fourth-largest automaker, Chang'an Automobile Group, said on Monday that its joint venture with Europe's second-largest automaker, PSA Peugeot Citroen, was approved by the National Development and Reform Commission.
China Unicom said more than 35 percent of its 3G smartphones sold in Q1 were Android-based versions, indicating a declining dependence on Apple Inc's iPhone series.
Da Vinci, the furniture retailer caught up in a scandal about the origin of its furniture, is refusing to give refunds to customers.