CIMC ENRIC Holding Ltd will deliver two liquefied natural gas storage tanks in 2018, with a capacity of 160,000 cubic meters each, to its client in Zhoushan, Zhejiang province, the company said on Monday.
With the delivery of 67,000 metric tons of liquefied natural gas to Guangdong province on Sunday, China National Offshore Oil Corp has imported more than 100 million tons of LNG in the past 10 years, accounting for 80 percent of the country's total imports.
Danone SA, the world's biggest yogurt maker, said sales growth will be slightly below its target for 2016 as its fresh dairy business shrinks for a third year, hurt by weak demand in Spain and a slower-than-expected revamp of the Activia yogurt brand across Europe.
About a month ago, I got a chance to visit Tongyang Life Insurance, the South Korean insurer acquired last September by China's Anbang Insurance Group.
The overheated residential property markets in 15 key cities in China "obviously cooled down" in November, said a research report from the National Bureau of Statistics on Monday, based on housing price data from 70 monitored cities.
Alibaba Group Holding Ltd and Amazon.com Inc are about to clash in Southeast Asia.
In China and the Asia-Pacific region, inveterate wealthy fliers are fast upgrading to small- and mid-size jets for purposes as varied as tourism and business travel.
China faces a shortage of pilots and exclusive airports for business jets. Experts said the industry needs to respond to the situation soon as the business aviation segment continues to grow. The gap has already increased pressure on the growth of the segment.
James and Lachlan Murdoch were kids when their father bought into a little British outfit called Satellite Television 33 years ago. Now they're helping Rupert Murdoch in his effort to take control of the company that grew into the European giant Sky Plc in a proposed deal that would be the biggest in the media mogul's half-century career.
State Grid Corp of China, which runs the majority of the nation's electricity distribution network, has big plans to play a key role in the clean energy industry in South America.
China Electric Power Equipment and Technology Co Ltd or CET, a subsidiary of State Grid Corp of China, said it will participate in the largest direct-current high-voltage transmission project along the China Pakistan Economic Corridor.
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