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Orkla metal unit in $70m China JV with Chinalco

2011-04-12 13:27:40

Orkla's aluminium extrusion unit Sapa said it had formed a joint venture with Aluminium Corp of China Ltd (Chinalco) to build a plant to serve China's high-speed train industry.

REIT IPO likely to raise 11b yuan

2011-04-12 13:16:09

Billionaire Li Ka-shing's property trust may raise as much as 11.2 billion yuan ($1.7 billion) in the first Chinese currency-denominated initial public offering outside the mainland.

Vanke to build govt-subsidized homes

2011-04-12 11:10:41

China Vanke Co Ltd will strengthen the development of government-subsidized housing as part of its strategy to cope with the rigorous tightening measures in the real estate sector.

IBC Solar opens Beijing office

2011-04-12 10:50:11

The German photovoltaics specialist IBC Solar, the world's biggest solutions provider for solar-generated power by sales revenue and turnover, made its entry in the Chinese market by officially establishing an office in Beijing on Monday.

Shenhua to seek rights issue

2011-04-12 10:44:50

China Shenhua Energy Co, the listed unit of the nation's biggest coal producer by market value, said on Monday that it will seek shareholders' approval to make a rights issue of up to 20 percent of its shares on the Chinese mainland and in Hong Kong.

Few defective 737 models available in China: Boeing

2011-04-12 10:41:57

The China office of US aircraft manufacturer Boeing said Monday that very few of its Boeing 737-300, 737-400 and 737-500 jets prone to fuselage ruptures were available on the Chinese market and passengers could be assured of their safety.

Lashou raises $111m, plans expansion abroad

2011-04-12 10:26:37

Lashou.com, China's biggest group-buying website by market value, said it received $111 million in a new round of funding and is planning to expand in the Southeast Asia market in the second half of this year.

BASF SE starts building plant in SW China

2011-04-12 10:23:00

World-leading chemical maker BASF SE officially started on Monday the construction of an environmentally safe chemical plant in China's ecologically fragile Three Gorges Dam area in southwest China.

Chinalco obtains rare-earth rights

2011-04-12 09:14:28

Aluminum Corporation of China Ltd (Chinalco), the nation's largest aluminum producer, will take a controlling stake in the rare-earth subsidiary of the State-owned Guangxi Nonferrous Metals Mining Group.

Going head-to-head in the high-end hospitality sector

2011-04-11 16:20:06

China is an epic adventure. The sheer diversity of terrain will take you from the energetic cities to the quiet beauty of towering mountains and isolated villages, where you can hear a pin drop.

Following in father's foot steps presents challenges

2011-04-11 15:39:53

After formally announcing his daughter and son as successors of the family enterprise last year, Zheng Xiukang, the founder of shoe maker Kangnai Group Co Ltd in Wenzhou, East China's Zhejiang province, looked forward to leading a quiet and relaxed life in his family compound.

Rising to the challenge of a new enterprise

2011-04-11 13:12:04

SHANGHAI - After spending one year at university in France, Li Da felt that he had learned and seen enough to make a life decision: turning down his father's offer to take over his business.