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Drive into South Africa

Visitors check out a Chery Automobile model at the Johannesburg auto show in South Africa on Oct 16, 2011. Chinese automakers such as Chery, Geely, and Beiqi Foton attract many buyers during the nine-day show that ended Sunday. [Photo: Shanghai Daily]

Apple Fans Queuing for iPhone 4S

Customers wait in line to buy an iPhone 4S outside the Apple Store on 5th Avenue in New York, Oct 13, 2011. iPhone 4S sales in stores begin Oct 14 in Japan, Australia, France, UK, Germany, Canada and the United States. [Photo: Agencies] After waiting outside an Apple store in New ...

Vendors Rebel Against Taobao Mall Changes

China's largest business-to-consumer online marketplace, Taobao Mall Co, on Tuesday announced significant increases in the commission rates and premium fees it charges to all online shops, which outraged small dealers.[Photo: China Daily] Taobao Mall Co, China's largest business...

Oil, gas tax rate moves to value base

China will impose resource tax on oil and nautral gas producers on Nov. 1. [Xinhua] China will revise its resource tax system on Nov 1, with oil and natural gas producers to be assessed on the basis of value rather than volume, according to a statement on the central government's ...

Apple Finds Many Want to Take a Bite of its Business

Customers at the new Apple Inc Store in Hong Kong's upscale International Financial Center Mall on Sept 24. Apple Inc has opened its long-awaited first store in Hong Kong, with hundreds of fans of the computer and gadget maker pouring in on the first day. [Photo: China Daily] ...

Offshore energy equipment sector set to develop

China's largest oil rig in the South China Sea. The country will invest up to 300 billion yuan ($47 billion) in domestic marine oil and natural gas construction projects within five years. [China Daily] A 10-year plan to develop the country's offshore engineering equipment ...

Sony Seeks to Buy out Stake

A customer picks up a Sony Ericsson smartphone at an electronics shop in Tokyo Friday. Sony Corp is in talks to buy out Ericsson's stake in their mobile phone joint venture, a source said, in a bid to catch up with rivals. [Photo: Agencies] Sony Corp is in talks to buy out ...

Angry Birds Gaining Happy Fans in China

Angry Birds spinoff products on display at the Macworld Asia 2011 in Beijing. Manufacturers, hoping to cash in on the popularity of the game, have created toys, cell phone decorations, shoes, costumes, glasses, and many other products. Rovio even sold Angry Birds mooncakes in ...

Apple Introduces iPhone 4S

Apple CEO Tim Cook speaks at the event introducing the new iPhone at the company's headquarters October 4, 2011 in Cupertino, California. [Photo: CFP] Apple Inc. on Tuesday unveils iPhone 4S, the much-anticipated latest generation of iPhone. Apple's newly installed Chief ...

Lexxe Launches Beta Version of Search Engine

Lexxe's search engine webpage [Photo: CRIENGLISH.com] Lexxe, a Sydney-based technology company, launched the Beta version of its Internet search engine on Tuesday, September 27, 2011. The search engine is special in that it uses natural language processing for queries, unlike its ...

Facebook to Introduce Timeline Feature

Facebook CEO Mark Zuckerberg delivers a keynote address during the Facebook f8 conference on September 22, 2011 in San Francisco, California. Facebook CEO Mark Zuckerberg kicked off the conference introducing a Timeline feature to the popular social network. [Photo: CFP]

SAMC Signs Deal with Boeing

A model of a Boeing 747-8 passenger plane is displayed at the 14th Beijing Aviation Expo on Wednesday. Boeing Co plans to subcontract aviation parts production to Chinese companies. [Photo: China Daily] Shanghai Aircraft Manufacturing Co (SAMC) has signed a 10-year contract with ...

DHL Expands Service in West, Central China

DHL Global Forwarding delivery vans on a street in Beijing. The company, a unit of Deutsche Post AG, plans to open five new branches and 20 sales offices by 2015 in China. [Photo: Bloomberg] DHL Global Forwarding, the freight unit of Deutsche Post AG, on Sept 20 said it will set ...

Foreign Banks' Profits Lag Domestic Results

Many foreign banks are located in the Financial Street in Beijing. Foreign banks have been increasing rapidly and their deposits grew 43 percent from 2009 to 2010. [Photo: China Daily] Earnings of foreign banks in China grew more slowly last year than those of their Chinese ...

Chang'an to Expand into European Markets

Chang'an Automobile (Group) Co Ltd's EADO sedan on display at the Frankfurt Auto Show. The sedan will be the company's strategic vehicle for the European markets. [Photo: China Daily] Chang'an Automobile (Group) Co Ltd, China's fourth-largest automaker, intends to start selling ...

Yahoo Fires CEO Carol Bartz

Carol Bartz, chief executive of Internet company Yahoo Inc, is shown in this undated publicity photo released to Reuters January 13, 2009. [File Photo: Xinhua/Reuters] Yahoo on Tuesday fired Chief Executive Officer Carol Bartz and replaced her temporarily with the company's chief ...

Liang Wengen, Now Richest on Mainland

Liang Wengen [File Photo: huagu.com] Liang Wengen, chairman of Sany Group, China's construction machinery manufacturing giant, has been named the wealthiest person in China's mainland with a fortune of 70 billion yuan (11 billion U.S. dollars) in a Hurun Research Institute report...

Nokia China Accused of Violating Labor Laws After Job Cuts

Nokia China has been accused by some of its employees of violating Chinese labor laws, after releasing new plans to cut the number of employees, the National Business Daily reported on Friday. In a joint letter addressed to the Human Resources Department of Nokia China on Monday, ...

Spring Airlines Looks to Japan for Expansion

Passengers on a Spring Airlines' Airbus 320 arrive in Heihe in Heilongjiang province. The Shanghai-based private carrier plans to set up a subsidiary in Japan.[Photo: China Daily] Spring Airlines Co Ltd, China's only budget carrier, is set to establish a subsidiary in Japan as ...

Sinopec Says H1 Net Profits up 12 pct

Sinopec tops Fortune China's Fortune 500 list for 2011. [File Photo: Agencies] China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, said on Sunday its net profits for the first half of the year rose 11.9 percent year-on-year to 41.17 billion yuan ...
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