With its sales volume crossing the 100,000-unit mark last year, a 25 percent increase over 2006, German premier car producer Audi AG has strengthened its leading position in China's luxury sedan segment. The strong sales have also made China Audi's second biggest market, climbing up from the fourth position in 2006.
Shimao Property Holdings Ltd, the Chinese developer controlled by billionaire Xu Rongmao, said 2007 profit rose 80 percent as it sold more apartments amid surging home prices in the world's most populous nation.
Since its inception in 1997, Star Alliance has grown into the world's largest airline alliance. Its 20 members now carry about 30 percent of all air travelers in the world every day.
Hong Kong stocks tracked regional gains to rise 1.6 percent yesterday, with Chinese oil giants Sinopec and PetroChina leading the climb on speculation the government could step in to help refiners trim losses.
By redefining the rules of competition in local markets, companies from China and other emerging markets are putting the expansion plans of many global industry leaders at risk, a report said.
PICC Property & Casualty Co, China's largest non-life insurer, fell the most in a month in Hong Kong trading after posting a second-half loss on higher expenses.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
