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Sichuan Tengzhong Heavy Industrial Machinery Co, Ltd (Tengzhong) Thursday announced that it is withdrawing its proposed acquisition of Hummer from General Motors (GM).
GM to shut down Hummer after China deal fizzles
Hotel bookings in Shanghai have increased dramatically as the 2010 World Expo comes nearer, Shanghai Business Daily reported Wednesday.
China's State Council has passed its first sports industry policy to urge the development of the sports industry and activities, the Shanghai Securities News reported today.
Beijing Tuesday cancelled all favorable policies for buying housing in the Chinese capital, including those for foreigners, in a bid to strengthen control over its real estate market, the 21st Century Business Herald reported.
Wang Jun, deputy director of State General Administration of Sport (SGAS), was removed from his post Tuesday by the State Council, the Guangzhou Daily reported.
The Taiwan tour office to Beijing and a respective office in Taipei could be established at the end of March, according to the Taiwan tourism authority, chinanews.cn reported today.
Ivo Daalder,Permanent Representative to North Atlantic Treaty Organization (NATO) said yesterday that NATO has recognized China as an important global actor but it would not establish a formal role with China in near future.
Police have detained a person believed to be responsible for starting an earthquake rumor which caused tens of thousands of people to flee their homes during the Chinese New Year, dahe.cn reported today.
China's largest mobile operator China Mobile is to cut staff payments for five consecutive years starting from 2010, the National Business Daily reported today citing company insiders.
China's rural population may drop from 720 million to 400 million in 30 years, said Han Jun, a senior official at the State Council Development Research Center, the Beijing Times reported today.
China National Petroleum Corp (CNPC) and China Petroleum & Chemical Corporation (Sinopec), the country's leading oil and gas producers, began to heat up wholesale prices of refined oil following the rebound of crude oil prices in the international marketplace.
