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China Unicom's latest strategy

2011-05-19 10:03:56

China United Network Communications Group Co Ltd (China Unicom) has for the first time introduced two BlackBerry smartphone models running on its third-generation (3G) mobile network, in the hope of being less dependent on the wildly popular Apple Inc iPhones.

Sinopec's unit to dive deeper for offshore assets

2011-05-19 09:17:23

Sinopec International Exploration and Production Corp (SIPC) will produce half of its oil from offshore operations by 2015.

PetroChina boosts its overseas operations

2011-05-19 09:12:32

PetroChina Co Ltd, China's biggest energy firm by market value, plans to establish three operation centers, in Singapore, London, and New York, in an effort to boost its foothold overseas, the company's top official said.
Sinopec's unit to dive deeper for offshore assets
PetroChina eyes progress in Sino-Russian pipeline

Airbus top business jet lands in China for charter flights

2011-05-18 17:25:29

Beijing-based Deer Jet has purchased an Airbus Corporate Jetliner (ACJ), one of the world's top business jets, for its charter flights service.

360buy.com sets sights on $2b US IPO

2011-05-18 14:35:16

The owner of Chinese site 360buy.com is now hoping to raise at least $2 billion in an initial public offering (IPO) in the US by 2013 or later.

China's Internet stocks lose luster

2011-05-18 14:23:54

From boom to bust, China's Internet companies listed on the U.S. stock market have fallen to earth. Shares of Renren, Jiayuan and Netqin dropped below their offering prices just days after shining performances on their first day of trading.

Air China resumes flight from Beijing to Athens

2011-05-18 11:25:13

An A330-model aircraft belonging to Air China, the country's flagship carrier, took off from Beijing at 12:40 am Wednesday and made its way to the city of Athens, signaling the resumption of flight services between China and Greece.

China bans illegally-operated organization CHC

2011-05-18 11:21:06

The China High-tech Industrialization Cooperation Organization (CHC), an unregistered organization that had been operating illegally to profit from unauthorized authentication and project cooperation, was banned.

COSCO appoints Rita Fan as non-executive director

2011-05-18 11:18:18

China COSCO, Asia's largest shipping company by market value, has appointed Rita Fan as independent non-executive director with effect from May 17, it said in a stock exchange filing on Tuesday night.

Chinese firms show zeal for stakes in Swedish businesses

2011-05-18 10:48:17

Chinese companies are showing greater appetite for purchasing equity stakes in Swedish-owned companies, rather than investing in start-up projects, said a Swedish investment official.

Sinopec, SABIC invest in polycarbonate plant

2011-05-18 10:25:30

China Petroleum and Chemical Corporation (Sinopec) announced on Tuesday that the company will establish a new polycarbonate production plant with an annual capacity of 260,000 tons with Saudi Basic Industries Corporation (SABIC).

GDF SUEZ to build refrigeration centers in N China

2011-05-17 16:39:08

French utility giant GDF SUEZ recently signed an agreement to build two refrigeration centers in north China's Tianjin municipality, said an official with the company.