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Bright Food Group Co Ltd, a leading food and dairy company in China, started building Asia's largest diary factory with a daily processing capacity of 2,000 tons, in East China's Shanghai on Monday.
Many Chinese consumers favor foreign brands because of their international appeal and perceived higher quality. Now shoppers, and consumers worldwide, might have to think twice.
China Vanke Co, the country's largest developer by market value, said Tuesday that its net profits rose 6.97 percent year-on-year in the first quarter on stronger sales.
Private equity firm TPG Capital said on Tuesday it would invest up to $150 million in China's Comtec Solar, marking the firm's first China-based solar investment.
The international five-star luxury hotel chain Hilton Hotels & Resorts plans to open about 100 new outlets in China in the next five years to extend its business into the nation's second- and third-tier cities.
Spring Airlines, China's first budget airline, is hoping to set up joint ventures in Japan and South Korea to expand its presence in the neighboring markets, said the carrier's chairman of the board.
Vestas, the world's largest wind turbine manufacturer, has recently won a large contract from China Datang Corporation Renewable Power, said Vestas China Tuesday in Beijing.
China Shipping on Monday announced the completion of a major phase of its terminal expansion project at the Port of Los Angeles.
Sales revenue of China's Huawei Technologies rose 24.2 percent year-on-year to 185.2 billion yuan ($28.4 billion) in 2010, the telecom equipment maker said in its annual report released on its website Monday.
Executive says finding the right talent is getting increasingly hard.
Yuanda China Holdings, which makes curtain walls that cover the outside of buildings, plans to raise about $536 million in an initial public offering in Hong Kong, according to a term sheet seen by Reuters on Monday.
China's major steelmaker Angang will cut its main steel product prices for May bookings, traders said, in a move seen reflecting a short-term trend.
