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Ecolab hopes to cash in on food safety awareness

2011-05-10 10:09:14

Ecolab Inc, a US-based producer of disinfectant and food safety services company, plans to increase investment in China, thanks to fast-growing demand in the local market, said one of the company's top executives.

Huawei looks to take on Cisco in data routers

2011-05-10 09:15:16

Huawei Technologies Co, China's largest maker of telecom-networking equipment, is banking on the rising number of mergers of computer and communication networks to narrow the gap with Cisco Systems Inc in data routers and switches.

Yanzhou Coal bids for Whitehaven

2011-05-10 09:10:49

China's Yanzhou Coal Mining Co, the country's fourth-largest coal producer, has offered more than $3.74 billion to acquire the Australian coal miner Whitehaven Coal Ltd.
Three motives for China's cross-border M&A

Shanghai GM sets new April record

2011-05-09 11:27:38

General Motors and its joint ventures sold 203,367 vehicles in China in April, the third month this year that the carmaker's monthly sales surpassed 200,000 units in the world's largest vehicle market.

Chinese firm to start 2 overseas nonferrous metal projects

2011-05-09 11:24:04

China Nonferrous Metal Mining Co (Group) (CNMC), the country's non-ferrous metal giant, is expecting two of its major overseas projects to begin operation this year, said Luo Tao, general manager of the group.

LandOcean goes it alone internationally

2011-05-09 11:23:05

Aiming at becoming the biggest private oil and gas service company in Southeast Asia, LandOcean Energy Service Co Ltd will expand its business into the exploration sector for the first time in 2011.

Apple 'resolves' clash with shoppers

2011-05-09 10:32:00

A confrontation outside the Apple store in Sanlitun Village between a "foreign" staff member and angry customers was resolved peacefully, according to a police source.
Apple's 'hunger marketing' triggers doubt

Chinese Internet firms rush for US IPO

2011-05-09 09:38:33

With two Chinese Internet firms landing the New York Stock Exchange (NYSE) last week and more expected to come, the US capital market is likely to see an IPO boom of Chinese companies in May.

DHL daily rail service links China to Russia, CIS

2011-05-07 16:21:06

DHL has rolled out a key component of its multi-modal offering in China with the launch of daily continental rail services departing from Beijing and Shanghai to Russia and the Commonwealth of Independent States (CIS) and back, said the logistics company in a press release on Friday.

Bankrupt airline sues govt agency for questionable grounding

2011-05-10 15:21:03

The parent company of a bankrupt Chinese private airline sued the government's aviation agency on Monday for its allegedly improper grounding of the company's planes, which the company says led to its bankruptcy in the wake of 2008 global financial crisis.

China Life Insurance has new president

2011-05-07 15:24:53

China's insurance regulator said Friday it had appointed Yuan Li as the president of the China Life Insurance (Group) Company, the country's largest insurer.

Unilever gets mouth washed out for remark

2011-05-07 10:12:07

China has levied a fine on consumer products giant Unilever of 2 million yuan ($310,000) for talking to Chinese media about planned price hikes that sparked panic buying of shampoo and detergents in late March.