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Procter & Gamble Co will not rule out the possibility of raising product prices even though the Chinese government has vowed to control soaring inflation.
BYD Co Ltd, the Chinese carmaker backed by Warren Buffett, has won regulatory approval for a share sale on the Shenzhen Stock Exchange to fund its expansion in the world's biggest vehicle market.
China Telecom Corp Ltd said on Tuesday that it will raise the number of WiFi hotspots to 1 million by the end of 2012 to meet rising demand for mobile Internet.
AVIC Xi'an Aircraft Industry (Group) Co., maker of MA60 passenger planes, said Tuesday it has sent eight experts to investigate a recent plane crash in Indonesia.
Chinese Vice Premier Zhang Dejiang met with Chairman and CEO of the International Business Machines Corporation (IBM) Samuel Palmisano in Beijing on Tuesday, calling on the company to further step up win-win cooperation with China.
The German flagship airline Deutsche Lufthansa AG said over the weekend that it is aiming to further increase its presence in China, taking advantage of the fast-growing demand for aviation.
Securing raw materials, gaining up-to-date technologies and accessing new markets are the three main motives for Chinese companies to participate in cross-border merger & acquisition (M&A) activities, an A.T. Kearney study revealed.
Three of six foreign baby formula companies in China interviewed by the China's chief economic policymaking body said they do not have plans to raise prices, acquiescing to government efforts to control inflation.
A subsidiary of CSR Corporation Limited (CSR), China's largest rail vehicle maker, said Monday that it signed an agreement with U.S.-based Wabtec Corporation to establish a joint venture to produce braking systems for rail cars.
HSBC released its Interim Management Statement (IMS) on Monday stating that its net profit in the first quarter of this year was $4.15 billion, up 58 percent year-on-year, resulting in basic earnings per ordinary share of 23 cents, up 53 percent.
TPG Capital, the buyout company that manages $48 billion, is seeking a chairman for its Asian operations to help it compete for investments in China, said three people with knowledge of the matter.
The Hong Kong-based international airline Cathay Pacific Airways Ltd and the Chinese mainland's flag carrier Air China Ltd are tapping into the nation's competitive cargo business with the start of a joint air cargo carrier Friday in Beijing.
