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Ausnutria buys stake in Dutch dairy firm

Ausnutria Dairy Corp Ltd's shares surged on Thursday after it said it will buy a controlling stake in Dutch company Hyproca Dairy Group BV. The Chinese infant formula maker's H-shares in Hong Kong ended 11.7 percent higher at HK$2.38 (30 cents) on Thursday, after opening 7 ...

Hard time for toy firms

A worker assembles toys at a factory in Dongguan, Guangdong Province. [CFP] The new European directive on toy safety came into force yesterday and has caused concern for many Chinese manufacturers over rising costs and shrinking profits. The European Union's Council Directive on ...

BHP announces annual production records

BHP Billton, the global mining giant, announces Wednesday record annual production. BHP Billiton has achieved annual production records across four commodities, including an 11th consecutive record in iron ore output, the global miner announced on Wednesday. For the year ended ...

China may tighten approval of wind projects

A wind farm in Inner Mongolia autonomous region in the file photo taken in 2007. [Photo / Xinhua] China's National Energy Administration may reinstate its control over onshore wind-power projects with less than 50,000 kilowatts of capacity, the China Securities Journal said, ...

Chinese market to drive medical firm's business in Asia

Multinational healthcare devices manufacturer Cook Medical Inc expects to almost triple its business in the Asia-Pacific region by 2015 on the back of continuing strong growth in China, according to the company's senior executives. "Cook's annual sales growth in China will ...

Growth rate of Internet population slows down

An Internet cafe in Ningbo, Zhejiang province. The number of Internet users in the country hit 485 million at the end of June, up 6.1 percent half-on-half, according to the China Internet Network Information Center. Zhang Heping / for China Daily First-half growth in the ranks of ...

Furniture retailer apologizes

A store of Da Vinci in Hangzhou, Zhejiang Province, is closed down due to faking certificates of origin for its products. [CFP] Furniture imports dealer Da Vinci, which has been accused of faking certificates of origin for its pricey pieces, released a public apology letter ...

Finding ways to fight inflation

A vendor at a Beijing vegetable market organizes produce at her stall. Food prices in China increased by more than 14 percent in June over the same month last year. Zhang Wei / China Daily No one needs to tell the average Chinese person that prices are increasing everywhere. The ...

Lhasa completes 1st wastewater treatment plant

The first wastewater treatment plant in Lhasa, capital of Southwest China's Tibet autonomous region, July 14, 2011. [Photo/Xinhua] LHASA - Construction of the first wastewater treatment plant in Lhasa, capital of southwest China's Tibetan autonomous region, was completed Thursday...

North China offshore oilfield resumes operation after spill (2)

Photo taken on July 13, 2011 shows Suizhong 36-1 oilfield on Bohai Sea, offshored the northeast China's Liaoning Province. A new leak occurred in Suizhong 36-1 oilfield of China National Offshore Oil Corporation (CNOOC) at about 1:30 a.m. Tuesday when the centralized control ...

North China offshore oilfield resumes operation after spill (3)

Photo taken on July 13, 2011 shows Suizhong 36-1 oilfield on Bohai Sea, offshored the northeast China's Liaoning Province. A new leak occurred in Suizhong 36-1 oilfield of China National Offshore Oil Corporation (CNOOC) at about 1:30 a.m. Tuesday when the centralized control ...

Report: Beijing, Shanghai pricier than Paris

Beijing, Shanghai climb list of world's most expensive cities Report: Beijing, Shanghai pricier than Paris It's now more expensive for an expatriate to live in Beijing and Shanghai than in Paris, according to cost-of-living survey by Mercer, a compensation consulting firm. 7 12 ...

Zhu Min nominated as Deputy Managing Director of IMF

File photo taken on June 16, 2010 shows special advisor to the Managing Director of the International Monetary Fund (IMF) attending a symposium themed on "Europe/China: Facing our common challenges" in Pairs, France. The International Monetary Fund (IMF) announced Tuesday that ...

Bridge changes China's image

A section of the San Francisco-Oakland Bay Bridge made by Shanghai Zhenhua Heavy Industry Co Ltd (ZPMC) being loaded onto a ship in Shanghai on Monday. Kevin Lee / Bloomberg "Made in China" used to be synonymous with cheap consumer goods, but one machinery maker wants to change ...

From bloom to boom

Farmers collect lavender from vast stretches of fields which look like an ocean of brilliant purple in Ili Kazak autonomous prefecture, Xinjiang. [Photo / Agencies] Ili Kazak autonomous prefecture has long been known for its prairie sceneries. [Photo / Agencies] Lavender ...

Asset managers seeking extra funds

An assistant in a gold store in Haikou, Hainan province arranges jewelry. Chinese asset managers aim to invest more in gold and precious metals.[Photo / China Daily] Five companies gain green light to raise cash for gold investment BEIJING - China's asset managers, who have been ...

Exchanges should forgo M&A activity, say experts

Traders look through periodicals or take a nap at the Shanghai Futures Exchange. The exchange started trading lead futures on March 24. [Photo / Agencies] DALIAN, Liaoning - A surge in mergers and acquisitions (M&As) of global financial exchanges will not happen in Asia during ...

Share sales would unshackle ChinaAMC

In January 2010, the China Securities Regulatory Commission barred China Asset Management Co from launching new products.[Photo / China Daily] BEIJING - Any success Citic Securities Co has in disposing of its 51 percent stake in fund management company China Asset Management Co ...

Regulator tightens rules for approval of IPOs

Move focuses on companies involved in certain 'high-risk' industries SHANGHAI - China's securities regulator has tightened its approval requirements for initial public offerings by companies in industries seen as having a high risk of financial irregularities, including ...

Gov't expecting good grain harvest in 2011

Harvesting rice at a farm in Yichang, Hubei province. China had a record grain crop of 546 million tons in 2010. [Photo / China Daily] Drought, flooding seem to have had limited effect on yields this year BEIJING - Despite the unfavorable weather, the Chinese government is ...
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Latest World News

world

Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...

market

finance

Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...

company

industry

China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...

trade

sports

Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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