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Starbucks in deal with JV partner in China

2011-06-02 13:31:28

Starbucks Corp said it signed an agreement with its joint venture partner in South China, Maxim's Caterers Ltd that gives the world's largest coffee chain full control of more than half of its retail stores in the Chinese mainland.

TCM company applies for EU product license

2011-06-02 13:03:57

A traditional Chinese medicine company based in northwest China's Gansu province on Wednesday applied for a product license from the Swedish drug administration, becoming the first traditional Chinese medicine producer to apply for a license in a European Union (EU) country.

Tainted drink companies banned

2011-06-02 12:58:43

The mainland's top quality watchdog issued a temporary ban on importing food from Taiwan enterprises identified as producing food with an illegal additive.

Firms in Beijing plan pay hikes

2011-06-02 12:56:29

Almost every company in Beijing - Chinese and foreign-owned - have or will hike monthly salaries for workers during 2011, a survey has found.

Developers consolidate amid tightening

2011-06-02 09:41:24

The number and value of mergers and acquisitions (M&A) in China's real estate sector reached a record high in the first quarter of 2011, amid the government's continuous tightening policies to tame inflation and sky-rocketing housing prices.

Coca-Cola considers listing in Shanghai

2011-06-01 15:06:45

Coca-Cola Co, the world's largest soft-drink company, is interested in a possible listing on the proposed international board on the Shanghai Stock Exchange, Hong Kong Economic Journal reported on Wednesday.

CNBM to invest $400m in Indonesia

2011-06-01 15:04:33

China National Building Material Co Ltd (CNBM) plans to invest $400 million to build a cement factory and glassworks in the next two years in Indonesia's main Java island, a newspaper reported on Wednesday.

China Southern to buy 6 Boeing planes

2011-06-01 10:42:46

China Southern, the country's largest airline, said Tuesday that it would purchase six Boeing B777F cargo planes.

DHL to expand in western China

2011-06-01 09:40:23

Deutsche Post-DHL's express division will continue expanding its investment in China, especially in the western region, said Ken Allen, chief executive of DHL Express.

Aviation program to train more professionals for China

2011-05-31 15:27:23

More than 400 graduates have successfully obtained their master degree or diploma from the Aviation Safety Management Master Program (ASM Master Program). The program is run by Airbus and its European and Chinese partners.

Hypermart operator eyes $1b HK IPO

2011-05-31 15:04:49

China's largest hypermarket operator, Sun Holdings, is planning an initial public offering of up to HK$7.8 billion ($1 billion) in Hong Kong and has hired four banks to manage the offer, the Apple Daily reported on Monday.

Optical fiber producer lights the way ahead

2011-05-31 11:20:16

Zhongtian Technology Co Ltd, one of China's leading producers of optical fibers, has become the country's first to successfully develop optical fiber preform (OFP), a material used in the production of optical fibers, by using its own technology.