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Malaysian business keen to cash in on nation's gift-giving traditional values with exotic designs.
As many first generation Zhejiang entrepreneurs are entering their 50s and 60s, they face a common problem of succession.
The inaugural flight to New Zealand by China Southern Airlines arrived in Auckland on Saturday, launching a three-flight-a-week direct service that is being highlighted as a significant opportunity for New Zealand's tourism sector and economy.
The world's largest wind turbine maker, Vestas, said it had signed its first order in 2011 with Longyuan, China's largest wind farm developer, for selling the latter 24 new turbines, with a combined installed capacity of 48 megawatts (mW).
Citic Securities Co, China's biggest brokerage by assets, said Saturday its net profits rose 25.91 percent year on year in 2010, boosted by the strong performance of its core businesses.
The Aluminum Corporation of China Ltd (Chalco) signed an agreement on Friday with Sweden's extruded aluminum profile maker, Sapa Group, to create a 50-50 joint venture in southwest China to produce aluminum parts for high-end rail transit projects.
The Shanghai Disney Resort presents an opportunity to prove that a theme park can be profitable in China and will possibly cause such places to become more popular among the Chinese, according to experts.
China's insurance regulator has approved Goldman Sachs Group's purchase of a 12.02 percent stake, or 102 million shares, in Taikang Life Insurance Co Ltd, the insurance company said in a statement on Friday.
China CNR Corp, one of the nation's leading train manufacturers, aims to open factories in Australia and Eastern Europe to tap international opportunities, said a senior company executive on Friday.
Construction of the long-awaited Shanghai Disneyland theme park started on Friday, injecting new momentum into China's biggest city economy.
PetroChina Co Ltd, the world's second-biggest oil and gas producer by market value, is not considering a bid for natural gas distributor China Gas Holdings Ltd, Reuters reported Friday, citing a company official.
The Chinese real estate tycoon Feng Lun likes to say that when it comes to the property business: "I don't have any competitors - the only one I compete with is God."
