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Canon eyes growing market

2011-05-21 10:20:31

The Japanese camera and copier maker, Canon Inc, said on Friday that it expects China to overtake Japan and become its third largest market by 2015.

SCA attracted by China's graying population

2011-05-21 09:59:19

The Swedish manufacturer of hygiene products Svenska Cellulosa Aktiebolaget (SCA) has opened a new innovation center in Shanghai to expand its penetration in China's fast-growing market for products for an aging population.

Companies abused benefits

2011-05-21 09:21:44

A number of State-owned enterprises have been illegally using their employee's benefit funds, the National Audit Office said.

Apple dicusses CDMA iPhone

2011-05-21 09:16:04

China Telecom Corp said it is in talks with Apple Inc to offer a CDMA version of the iPhone in the world's largest mobile-phone market by users.

Facebook plans to keep in touch

2011-05-21 09:15:12

Facebook CEO Mark Zuckerberg is planning a second visit to China, as the world's No 1 social networking company looks for the best way to expand into the country.

MDT operations in China set to be turbocharged

2011-05-20 13:14:13

MAN Diesel & Turbo SE (MDT), a subsidiary of the Germany-based MAN Group, formally opened the second phase of its production plant in Changzhou, Jiangsu province, on Wednesday to support expansion in China.

Severe challenges for China's SMEs

2011-05-20 11:22:44

China's small and medium-sized enterprises (SMEs) are facing staggering operational challenges as they are hit by increasing production costs and tight monetary policies, said officials and economists on Thursday.

Fosun buys in luxury retailer Folli Follie

2011-05-20 11:17:29

Fosun International, one of the largest privately owned conglomerates in China, further expands its overseas presence by acquiring a 9.5 percent equity stake in Greece-based jewelry and luxury goods retailer Folli Follie Group (FFG).

Sandvik still sees opportunities in nuclear power

2011-05-20 11:08:07

The international engineering group Sandvik AB still sees the development of nuclear power as one of its important business opportunities in China, according to the company's president and chief executive officer.

XCMG to buy stakes in two European firms

2011-05-20 10:22:56

Xuzhou Construction Machinery Group (XCMG), China's largest machinery manufacturer by revenue, is in talks with two companies in Western Europe to acquire a 50 percent stake in each, said a senior officer from the group.

Air China to start flight between Lhasa and Katmandu

2011-05-19 17:25:45

Air China is expected to start daily international service between Lhasa in the Tibet Autonomous Region and Katmandu, Nepal on August 1, said an official with the company on Thursday.

Chinese corporate law may offer guidance: Scholars

2011-05-19 15:56:35

Scholars said there is a definite possibility that nations will look to China as a guide for developing corporate law.