Yingding Biofuel Technology Co Ltd, the privately owned Chinese biodiesel producer, has won its monopoly case against the country's biggest oil refiner, China Petrochemical Corp Ltd.
ZTE Mobile Devices, a division of global telecommunications equipment and networks provider ZTE Corp, will trim its product lineup to boost competitiveness in the fast-changing mobile industry, a top company official said.
Falling crude prices and the rouble's depreciation will lead to more opportunities for Sino-Russian cooperation on energy, a leading industry expert said on Friday, who added that China's resource-rich neighbor will also remain eager for outside investment, particularly from Beijing.
The falling value of the rouble and the ongoing financial woes in Russia will bring more risks toChinese exporters, industry sources said on Friday.
The World Trade Organization backed China on Thursday in the final ruling of a dispute over countervailing duty measures imposed by the United States on 22 kinds of Chinese products.
Authorities in Shandong province said they would not bail out the borrowings of cities or counties in the province, becoming the first region in China to follow the central government's campaign to curb regional debt.
Alibaba Group Holding Ltd showed interest in partnering with Sony Corp on movie franchises including Ghostbusters when billionaire Jack Ma met with Hollywood executives in October, e-mails revealed by hackers show.
Retail fuel prices are set to fall on Saturday, the National Development and Reform Commission said in a widely anticipated announcement, but drivers got bad news along with the good: the consumption tax on oil products will rise on the same day.
Economic growth in China will slow to the lowest level since the global financial crisis of 2008 during the fourth quarter, leaving little chance of any rebound in industrial production and fixed-asset investment growth, economists said on Friday.
Chinese banks made 852.7 billion yuan ($137.8 billion) worth of new loans in November, data showed on Friday, well above market expectations but still unlikely to dispel worries about the country's sputtering economic growth.
China plans to establish a fund to support troubled trust firms as repayment risks accumulate in the 13 trillion yuan ($2.1 trillion) industry.
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