Jushi to establish overseas factory
2011-06-07 13:46:59
Jushi Group Co Ltd, the world's largest manufacturer of fiberglass by output, plans to establish its first overseas production base in North Africa in the second half of this year.
Honda China sales down 32% in May
2011-06-07 13:39:45
Honda Motor said on Tuesday its car sales in May in China fell 32 percent from a year earlier.
Prada aiming to bag $2.6 billion in HK IPO
2011-06-07 13:28:40
Prada SpA's initial public offering in Hong Kong is poised to raise as much as $2.6 billion, according to a person with knowledge of the matter.
UAE looks to lure Chinese companies
2011-06-07 13:19:28
The United Arab Emirates (UAE) is striving to diversify its economy by attracting more businesses from China and other Asian nations to invest in its newly launched industrial zone.
Yuan advances to record high Tuesday
2011-06-07 11:04:29
The Chinese currency Renminbi, or the yuan, strengthened 30 basis points to hit 6.4816 per US dollar on Tuesday, according to the China Foreign Exchange Trading system.
China to renovate 2.65m rural run-down houses
2011-06-07 10:57:01
China plans to renovate 2.65 million dilapidated houses for poor rural households in the central and western regions this year, the Ministry of Housing and Urban-Rural Development said Monday.
Gartner aims for revenue gains in Chinese market
2011-06-07 10:39:26
Gartner Inc, a US-based information technology research and advisory company, aims to triple its revenue in the Chinese market to $30 million by 2013, according to the company's China president.
Beijing home prices feel the chill of cooling measures
2011-06-07 10:26:40
New-home prices plummeted by more than 20 percent year-on-year in the capital city in May, and analysts said other cities will follow the trend in the second half of this year.
China's capital market faces 3 problems
2011-06-07 10:11:01
China's capital market faces three problems namely marketization, market structure and cultural factors, a senior official with China Securities Regulatory Commission has said.
Yangshan adds depth to planned Shanghai hub
2011-06-07 10:07:09
Yangshan Deep-water Port's throughput volume will grow by at least 40 percent, on the back of Shanghai's ambition to become an international shipping hub, said a senior executive from the port's development company.
Textile industry rues cotton price volatility
2011-06-07 09:59:26
The volatile price of cotton is making times harder for China's textile industry, which has already been squeezed by higher labor costs and the appreciation of the yuan.
We fill each other's trade needs: Brazilian envoy
2011-06-07 09:54:23
China should "diversify" the categories of its imports and its investment in the Latin American nation of Brazil to bring more win-win benefits, the Brazilian ambassador to China told China Daily.