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Vantone to invest 15b yuan in commercial property ventures

2011-04-15 10:58:26

Vantone Real Estate Co Ltd, a leading property developer based in Beijing, plans to invest 15 billion yuan ($2.27 billion) over five years to develop commercial properties, according to the company's top management on Thursday.

Sinochem takes 50% stake in Dutch company

2011-04-14 16:26:46

China's Sinochem Group will take a 50 percent stake in an anti-invectives unit of Netherland's DSM for 210 million euros ($279 million) in cash, 21st Century Business Herald reported Thursday.

Arrail Dental to operate 50 clinics in 5 yrs

2011-04-14 13:41:56

Arrail Dental, a high-end dental service provider in China, plans to expand its medical institutions in China from the current 16 to 50 in the next five years, Founder and CEO Robert Zou said April 7.

Foxconn sees lure of Brazil

2011-04-14 13:12:46

IPhone maker Foxconn Technology Group is considering investing $12 billion in Brazil, a move that may help Apple Inc and other tech companies expand in the world's eighth-largest economy.

Aircraft manufacturers eye Chinese opportunities

2011-04-14 10:39:29

Encouraged by China's promise of a gradual opening of its low-altitude airspace, jet manufacturers have started to shift their focus to China's general aviation market, which is expected to grow 10-fold in the next five years.

Zhongjin Gold Q1 profits likely to rise more than 50%

2011-04-13 16:45:11

Zhongjin Gold Corp, China's second-largest bullion producer by market value, said on Wednesday that its profits are likely to rise by more than 50 percent in the first quarter of this year.

Largest investment in Shandong by Singapore company

2011-04-13 16:36:48

APRIL increases investment by 30 billion yuan in phase three development of China pulp and paper operations.

Nestle China insists products 'absolutely safe'

2011-04-13 16:10:54

Nestle China released an announcement on Tuesday, saying its products are "absolutely safe for consumption", in response to earlier reports that cast doubt on the company's infant foods and alleged they contained toxic metals.

China State Construction Q1 new contracts worth $29b

2011-04-13 15:10:17

China State Construction Engineering Corp signed contracts worth 191.5 billion yuan ($29.3 billion) in the first quarter of the year, up 95 percent over the same period a year ago.

Jinan Steel proposes new merger plan

2011-04-13 14:56:55

China's Jinan Iron & Steel has rolled out its third proposal to merge with Laiwu Steel in a share swap, to forge the country's sixth-biggest steel giant Shandong Steel Group, the two companies said on Wednesday.

Carrier AdvanTE3C Solutions Center to provide solutions for regional markets

2011-04-13 14:19:18

Carrier Corp, the world's largest provider of heating, air-conditioning and refrigeration solutions by sales, aims to broaden its market share in China, amid increasing competition from domestic rivals in energy efficiency areas.

Siemens aims to get in sync with China

2011-04-13 13:26:43

Despite an anticipated slowdown in global revenue growth, Siemens AG, Europe's largest engineering company by sales revenue, is adopting a new expansion strategy.