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Anglo-Australian mining company Rio Tinto plans to purchase $1 billion of commodities in China in 2011, a company official said Thursday in Shanghai.
MGM China Holdings Ltd a joint venture between MGM Resorts International and Hong Kong billionaire Pansy Ho, jumped more than 5 percent on its market debut on Friday, with investors keen for exposure to the world's largest gaming market.
Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co, the world's largest rare earth producer, will consolidate 35 local rare-earth miners by June and will further unify the distribution and processing of the metals, the region's government said on Wednesday.
A subsidiary of China's largest meat processor, the Shuanghui Group, reopened on Thursday just two months after a food additive scandal rocked the company.
Harbin Electric Co Ltd will buy four gas turbines from General Electric, including two that incorporate new efficient technology, for use in providing heat to northern China, the two companies said on Friday.
The traditional Chinese medicine (TCM) industry looks likely to gain an overseas presence by tapping into the US market.
State-owned enterprises (SOEs) supervised by the Chinese central government on Thursday signed nearly 60 investment agreements with northeast China's Heilongjiang Province, a move that is predicted to further boost the region's economy.
The US-based coffee retailing giant Starbucks Coffee Company announced on Thursday that it is to acquire full ownership of all its stores in China from joint venture partner, Maxim's Caterers Ltd.
Argentine legend Diego Maradona has sued "The9 Limited", a Chinese online games company, for infringement of his portraiture rights.
Alibaba founder Jack Ma didn't shed new light on his negotiations with Yahoo Inc and Softbank during an appearance at a conference on Wednesday, but he did offer some unexpected advice for Yahoo.
China's third-largest online game operator Shanda Games is in acquisition talks with some social and mobile gaming firms in the United States and Asia, its chief executive said on Wednesday.
Global miner Rio Tinto and state-owned Chinese aluminum producer Chinalco ALUMI.UL have established a joint venture to explore for new mineral deposits in China, they said on Wednesday.
