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Alibaba is now clarifying its decision to transfer the ownership of its online-payment unit Alipay to a company controlled by Alibaba Group founder Jack Ma.
Beverage giants Coca Cola and Pepsi have avoided raising prices in China by reducing the size of their packaging, the Beijing Morning Post reported on Thursday.
New Zealand Prime Minister John Key said New Zealand companies and trade organizations could do more to explore opportunities in the China market.
The global shipping giant AP Moller-Maersk has reported a 10 percent year-on-year increase in first quarter (Q1) revenue to $14.5 billion. Q1 profit surged by 82 percent to $1.2 billion.
The Singapore-based property developer CapitaLand Ltd will double its investment in China's commercial real estate and serviced apartments sectors within three to five years, despite the government's rigorous measures to cool the property market.
China Investment Corp (CIC), the country's $300 billion sovereign wealth fund (SWF), is considering setting up a mechanism for continued new capital, as the country accumulates foreign exchange reserves, said a senior executive on Thursday.
Boeing's recently expanded factory in Tianjin has been recognized for meeting environmentally-friendly standards set by two internationally-known organizations, said the general manager of Boeing Tianjin Composites.
Shares of social China's networking site Renren have now fallen below its initial offering price of 14 US dollars, reversing all the gains it made in its market debut.
Fifty major ore fields have been found over the past four years since China set up a special fund to help geologists survey the country's minerals amid growing demands for resources, an official who manages the fund said Wednesday.
Sanofi SA, the maker of the Lantus diabetes medicine, will support a five-year plan by China's health ministry on diabetes management, the Paris-based drugmaker said.
"The Chinese market is one of the most important markets to Procter & Gamble in our global development range," Shannan Stevenson, P&G's President-Greater China, said in an interview with Xinhua.
Air China Ltd, the country's flag carrier, expects its full-year net profit to fall below the 2010 level, the company's chairman said on Wednesday.
