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China Daily Website

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  • Alibaba to repurchase 20% of Yahoo stake

    2012-05-21 13:13

    The Alibaba Group announced Monday it will spend $7 billion to repurchase up to one-half of its major shareholder Yahoo! Inc.'s stake in the company.

  • Chinese company to buy US AMC

    2012-05-21 11:12

    A Chinese conglomerate has announced it will buy U.S. cinema chain AMC Entertainment Holdings for $2.6 billion to create the world's biggest movie theater operator.

  • Railways try to get investors on track

    2012-05-21 03:04

    The Ministry of Railways released its second document on Sunday to announce a major revamp in how construction contracts are awarded.

  • China conditionally approves Google-Motorola deal

    2012-05-21 01:30

    China's anti-trust authorities have approved Google Inc.'s acquisition of Motorola Mobility Holdings Inc. with conditions.

  • Spike in agricultural trade with Africa

    2012-05-20 18:53

    China-Africa trade on agricultural products has gone through years of fast growth and the trade volume reached 4.78 billion U.S. dollars in 2011, a Chinese official said Saturday.

  • Wen urges efforts to maintain growth

    2012-05-20 15:58

    Premier Wen Jiabao urged more efforts to maintain relatively fast economic growth as the world's second-largest economy has shown signs of further slowing.

  • China's railway bidding opens to local markets

    2012-05-20 10:50

    Bids for railway contracts in China will open to local markets to ensure the transparency and fairness of the bidding process and prevent power-for-money deals.

  • China seeks export recovery

    2012-05-20 07:47

    China is now losing an increasing number of export orders to other emerging countries because of rising costs at home.

  • Yunnan opens cross-border RMB center

    2012-05-19 18:51

    A sub-regional cross-border renminbi (RMB) financial services center was launched on Saturday in southwest China's Yunnan province, in a bid to enhance trade between China and South and Southeast Asia.

  • China to be Asia-Pacific's biggest IT consumer

    2012-05-19 14:02

    China will soon surpass Japan to be the biggest consumer of IT products and services in the Asia-Pacific region, according to a new report.

  • Local govt debt controllable after efforts

    2012-05-19 08:52

    A budgeting offical from MOF said that the debts of China's local governments are controllable after enhanced efforts to bring down default risks.

  • US ruling on solar panels 'unreasonable'

    2012-05-19 02:35

    China on Friday rejected a US anti-dumping ruling against Chinese solar power equipment, calling it "unfair" and and "unreasonable".

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