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For more than 3,000 years, chopsticks have been the quintessential Chinese dining tool. Now, millions of chopsticks are getting a "made in the United States" label, as a Georgia factory churns out utensils that will be exported to China.
Jack Ma, founder and chief executive of Alibaba Group Holding Ltd, said compensation negotiations between the management and Yahoo Inc and Softbank Corp are still going on, and he declined to say when they might be completed.
Crude steel output fell to 1.94 million tons a day from last month's peak of 1.968 million tons, but the industry still expects production to remain high until a seasonal lull in demand hits in July.
To John Deere, a Fortune 200 American business, the largely untapped Chinese market might have seemed so lucrative that a joint venture with a small Chinese company might not have been enough to satisfy its appetite.
Chaoda Modern Agriculture Holdings Ltd, the Chinese vegetable producer defending a claim from Next Magazine that it overstated its land holdings, has not exaggerated its assets, Macquarie Group Ltd said after visiting plantations.
Italian fashion house Prada SpA, which is seeking to raise up to $2.6 billion through a Hong Kong initial public offering, has generated five times demand for its offer, a source familiar with the matter told Reuters.
Beijing New Building Material (Group) Co Ltd (BNBM), China's largest new-building-materials manufacturer, aims to establish 10 overseas production bases for its burgeoning business in houses by the end of 2015, according to the company's top executive.
The Dutch coatings and chemicals company AkzoNobel NV plans to allocate 15 percent of its global research and development (R&D) resources to China within five years, in its latest effort to tap into fast-growing markets, the company's R&D head said.
Chinese companies need to improve their competitiveness and increase efficiency and asset quality, instead of only focusing on expansion, a research organization said.
Hewlett-Packard Co moved a veteran executive onto its board and announced the departure of two senior officers in a major ongoing management shake-up, and put new focus on China and India.
A salient reason for China's current food safety crisis is fractured supply lines between the agricultural sector and food manufacturers, said head of China's leading food producer on Monday.
Det Norske Veritas has more recently tapped into carbon capture and storage, emission trading, clean energy and corporate social responsibility.
