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Danfoss aims to double China sales by 2021

[2016-04-12 08:26]

Danfoss, the largest industrial group in Denmark, plans to double its sales in China over the next six years despite the country's economic slowdown, a top executive said.

Car sales zoom on tax reduction

[2016-04-12 08:26]

A tax reduction on smaller vehicles and the introduction of new models have helped a 6.8 percent growth in Chinese passenger vehicle sales in the first quarter of this year, compared with the same period in 2015, for a total of 5.64 million units, industry data showed on Monday.

Alibaba signs deal to develop rugby

[2016-04-12 08:26]

E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division - Alisports.

HNA extends M&A spree with Gategroup purchase

[2016-04-12 08:26]

China's HNA Group Co Ltd has agreed to buy Swiss airline catering firm Gategroup Holding AG for $1.5 billion in cash, as the aviation and shipping conglomerate steps up its global expansion.

Time for more honesty in the real estate market

[2016-04-12 08:26]

When I started my apartment hunting in Beijing last year, my agent at a top Chinese real estate brokerage with a transaction value of 700 billion yuan ($108 billion) in 2015, soon equipped me with an effective weapon - a friend of his, who pretended to be another potential buyer.

StanChart to 'start $4.4b Asian asset sale' as part of new strategy

[2016-04-12 08:26]

Standard Chartered Plc is seeking to sell at least $4.4 billion of its assets in Asia, people with knowledge of the matter said, as the lender pares its balance sheet after booking record impairments.

What's news

[2016-04-12 08:26]

Govts & policies

Making every interior inch count

[2016-04-11 08:45]

High prices are making space-conscious home-buyers spend more on interiors and custom furniture

Home decor goes DIY and online to meet millennials' demand

[2016-04-11 08:45]

Asked about the range of his do-it-yourself platform for home decor products and services, Chen Zaochun, president and chief executive of BDHOME, said, "Living area, dining area, bedrooms, study, decoration, art, lighting, carpeting, curtains, textile, you name it."

Industrial city turns to rice noodles for growth

[2016-04-11 08:45]

Liuzhou, a traditionally industrial city best known for its steel and automobile manufacturing, has been promoting its signature street food to more dining tables at home and abroad. Each day, workers from Luobawang Food Company of Guangxi Zhuang autonomous region need to print 2,000 order forms and distribute more than 20,000 packages of instant river snail rice noodles to other regions of the country.

Stamping footprint overseas

[2016-04-11 08:45]

Phosphorus giant Wengfu expands by exploiting business presented by the Belt and Road Initiative

Chinese firm helps Botswana employee realize house dream

[2016-04-11 08:45]

After working for China Civil Engineering Construction Corporation for some 13 years, Kegomoditswe Mukani is now building her second house in Mmopane, a village lying to the north of the capital city of Gaborone.

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