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  • HNA buys into Brazil airline

    2016-08-05

    Hainan Airlines Co Ltd, China's largest private airline and a subsidiary of conglomerate HNA Group, has bought a 23.7 percent stake in Azul SA, Brazil's third-biggest airline, for $450 million, the latest in a series of overseas acquisitions by the company.

  • Shenzhen's property market slumps 8% in July

    2016-08-03

    Shenzhen's average new housing price fell to 56,720 yuan ($8,555) per square meter in July, down 8.2 percent from the previous month, the sharpest month-on-month decline since 2012.

  • China Eastern, China Southern airlines to move base to new airport in Beijing

    2016-07-29

    Beijing will determine an airline's use of airports according to its membership in airline alliances, Beijing Youth Daily reported.

  • Gree aims to diversify for growth

    2016-07-26

    Dong Mingzhu, Gree's president, said the company's business will range from its backbone air conditioners and white goods to smartphones, new-energy vehicles and intelligent equipment.

  • China nuclear giant CGN wins French wind power contract

    2016-07-26

    China nuclear giant CGN said Monday that it had partnered with French new-energy firm Eolfi on a winning tender for a floating wind power project in France.

  • Gree aims to diversify for growth

    2016-07-26

    Gree Electric Appliances Inc, one of China's major air conditioner makers, has developed an ambitious plan to diversify its business to sustain its market growth in the near future, according to its president.