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The China sales revenue of Shiseido Co Ltd will increase to more than 10 percent of the Japanese cosmetics company's global business this year. That's despite the March 11 tsunami and nuclear crisis, the company said on Wednesday.
PICC Group, China's second-largest insurance group, saw its premium income standing at 110.1 billion yuan ($16.6 billion) on Monday, exceeding the total for the whole of 2010, the company's management said on Tuesday.
Starbucks will continue its expansion in the Chinese mainland market by opening 1,500 new cafes by 2015, said an official from the company on Wednesday at a ribbon-cutting ceremony for a new Starbucks cafe in the city of Kunming in southwest China's Yunnan province.
The German specialty chemicals company Lanxess AG is eyeing acquisitions in China, across the entire gamut of business, according to the head of its Chinese division.
Ctrip.com International Ltd, a Chinese travel service provider, said first-quarter profit increased 23 percent on higher revenues from hotel and flight reservations and tour bookings.
Bayer MaterialScience AG, an arm of the German pharmaceutical and chemical producer Bayer AG, outlined plans to invest more in China to strengthen its position in the world's largest single polycarbonates market.
China's recent tightened policy on purchases of residential properties will not affect the sales and leasing business of Colliers International in the country, according to one of the company's top executives.
The Chinese mainland handset maker TCL Communication Technology Holdings will put its Taiwan listing plan on hold amid recent poor market sentiment. The company may also reduce the size of any offer, a source told Reuters on Tuesday.
GE Healthcare has accelerated expansion in China's rural market with the launch of a portable and mobile phone-sized diagnosis device in Beijing on Wednesday.
Deer Jet Co Ltd of Beijing, the nation's largest provider of chartered plane services, took delivery of the first Airbus Corporate Jetliner in China on Wednesday to increase its ability to meet growing demand in the top-end corporate jet market.
The New York-based investment firm Riverwood Capital Co has just raised $800 million and signed a strategic cooperation agreement with a Chinese counterpart on Tuesday to help grow medium-sized high-tech companies.
Continental AG, the world's fourth-largest tire maker by market share, opened its first tire manufacturing plant in Hefei city in Anhui province on Wednesday, to meet rising demand from the world's largest automobile market.
