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Alibaba locates potential in Beidou system

[2014-07-08 07:07]

E-commerce giant is set to join with China's largest defense equipment manufacturer to promote the Beidou satellite navigation system for civilian use.

Lenovo, IBM $2.3b server deal approved

[2014-07-07 09:37]

The Chinese Ministry of Commerce's anti-monopoly bureau has approved Lenovo Group's proposed $2.3 billion deal to buy IBM Corp's low-end server business.

NetJets awaits green light in China

[2014-07-07 07:59]

Business jets giant, which American billionaire Warren Buffett acquired after being a customer for three years, is looking to become basically an air-taxi service for China's wealthy customers.

Factory's energy efforts thrill German leader

[2014-07-07 07:08]

Merkel toured an FAW-Volkswagen joint production plant in Chengdu, marking the prelude to a program of building electric charging stations for cars and infrastructure in China.

Beijing, Seoul to trade currencies directly

[2014-07-04 03:13]

China and South Korea plan to directly trade their currencies, marking a step forward in the renminbi's internationalization.

'Open sesame' for Alibaba IPO investors

[2014-07-04 08:14]

Chinese investors can buy shares in Alibaba Group's initial public offering on Wall Street, widely seen as an opportunity for high yields.

Peugeot-Dongfeng plant gets green light

[2014-07-03 14:09]

French carmaker PSA Peugeot Citroen and partner Dongfeng Motor receive approval for a fourth factory in China, which will add production capacity of 300,000 vehicles a year to the partnership's factories.

Xiaomi eyes huge uptick in phone sales

[2014-07-03 07:18]

Chinese smartphone maker Xiaomi Corp said that it sold more than 26 million smartphones in the first six months of the year, up 271 percent year on year.

China's Q2 GDP to grow 7.5%: report

[2014-07-03 09:13]

China's economy is expected to grow 7.5 percent in the second quarter this year due to obvious signs indicating a pick-up in the economy since May.

Foreign brands losing ground

[2014-07-02 07:12]

A survey shows foreign brands are facing pressure amid China's sluggish consumer goods market, with six out of 10 losing market share to domestic rivals last year.

Restrictions loosened in Shanghai FTZ

[2014-07-02 05:02]

The China (Shanghai) Pilot Free Trade Zone has eliminated more than a quarter of its restrictions on foreign investors, following criticism - and is now "more in line with international standards."

China's June PMI at six-month high

[2014-07-01 10:34]

Accelerated growth in the country's manufacturing sector inspires optimism concerning continued stable economic growth.

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