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CNOOC gets nod for Hainan LNG project

2011-07-20 14:11:28

The State-owned Assets Supervision and Administration Commission issued a notice on July 18, 2011, saying that CNOOC's Hainan LNG project won final approval from the National Development and Reform Commission, the National Business Daily reported Tuesday.

COFCO owns 99% of Tully Sugar

2011-07-20 13:55:14

COFCO increased its share holdings in Australia sugar producer Tully Sugar from 61.25 percent to 99 percent, the Beijing Times reported on Wednesday.

Locally-grown soy continues to drop

2011-07-20 13:08:39

China’s soy bean plant area continues to fall, shrinking by 10 million mu (666,666 hectares) from 2010 and 20 million mu from 2009, the National Business Daily reported Wednesday, citing the National Development and Reform Commission (NDRC).

Father reaches out to son via micro blog

2011-07-20 11:05:21

The latest micro blog sensation is simple: the sentence, "Li Lingxiang in Xinjiang, have you seen this?" and an attached photo depicting an ordinary migrant worker with a brick and trowel in hand, www.iyaxin.com reported on Wednesday.

Another Shanghai Metro platform door shattered

2011-07-19 16:53:21

A platform door at a Shanghai Metro subway station broke into pieces on its own, about 7:00 am Tuesday, xinmin.cn reports.

Air China launches Chengdu-Kuerle flights

2011-07-19 16:46:41

Air China, the country's flag carrier, launched non-stop flights from Chengdu city to Xinjiang's Kuerle city on Tuesday, China National Radio's website (cnr.cn) reported.

Furniture retailer apologizes

2011-07-19 16:19:00

Furniture imports dealer Da Vinci, which has been accused of faking certificates of origin for its pricey pieces, released a public apology letter Monday afternoon that said the company will "take responsibility and fix the mistake".

Oil majors see losses in overseas investment

2011-07-19 15:32:25

Two thirds of three Chinese oil majors’ hefty overseas investments have sustained losses, the 21st Century Business Herald reported Tuesday, citing a report from China University of Petroleum.

Hainan Airlines to invest in Hungary

2011-07-19 15:10:19

China's Hainan Airlines Group is planning to buy shares in Europe's Malev Hungarian Airlines, Securities Daily reported on Tuesday, citing Chen Feng, vice president of the group.

Rapist sentenced to death over sex slaves

2011-07-19 14:36:17

The death sentence appeal of a Chinese man who kidnapped two girls and caged them in a cellar as sex slaves and raped nine others was rejected in Wuhan in Central China’s Hubei province, Wuhan Evening News reported on Tuesday.

Railway ministry in 2-trillion-yuan debt

2011-07-19 13:54:02

China's Ministry of Railways (MOR) was 1.98 trillion yuan ($294.87 billion) in debt at the end of the first quarter of 2011, causing its asset-liability ratio to reach 58.24 percent, CNTV reported Tuesday.

Ceramic capital under flood threat

2011-07-19 12:31:42

After 10 years and spending 70 percent of the budget, a flood-control dike project in Jingdezhen city, the world-famous ceramic capital of East China’s Jiangxi province, is not even half complete, sparking public doubt, Beijing News reported on Tuesday.