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State Grid warns of temporary power shortages in some areas

The temperature in Beijing exceeded 40 C on Tuesday breaking a historical high. [Provided to China Daily] BEIJING - China may face temporary power shortages in some regions this summer due to the rapid increase in consumption, the country's major power grid operator said on ...

West has designs on China's future

Nation provides a business lifeline to struggling architect firms in the United States and Europe BEIJING: China's construction boom is providing a lifeline for the world's leading architecture firms, which have been hit hard by the economic crisis. A model of the 632-meter-high ...

CSR set to make rapid strides in global arena

Workers at a CSR Zhuzhou Electric Locomotive Co plant in Zhuzhou, Hunan province. CSR posted an 85 percent jump in first-quarter net profit to 355.9 million yuan ($52 million). [Provided to China Daily] Locomotive maker secures $500m in new orders so far this year ZHUZHOU, Hunan ...

NFC ready to jump on the M&A trail

Company charts plan to buy stakes in Canadian, Australian miners BEIJING - China Nonferrous Metal Industry's Foreign Engineering and Construction Co (NFC) is planning more overseas mergers and acquisitions to expand its mineral wealth, a top company official said on Monday. Wang ...

Foxconn announces another pay hike

SHENZHEN - The Foxconn Technology Group announced on Sunday night it would give its workers in Shenzhen a second pay raise in October this year in a bid to ease the tension triggered by a spate of recent suicides. Workers on a Foxconn production line pose for a photograph last ...

Planting biodiverse ideas in kids' heads

Beijing - Gaspard De Roquefeuil, a member of staff with the procurement department of Airbus China, didn't negotiate with suppliers in the office as usual two Fridays ago but enjoyed two new experiences after he was transferred to Airbus China operations from Paris six months ago...

Timberland takes up forestry management

Jeffrey B. Swartz, president and chief executive of Timberland Co, said his company was devoted to constructing a 'Green Great Wall' over the next 10 years by planting at least two million trees in Northern China in an effort to protect China and neighboring countries from ...

Foreign architecture zones in on mainland

The 440-meter Guangzhou International Finance Center which is set to be completed later this year. Architects Wilkinson Eyre of London designed the skyscraper. [China Daily] Western firms influencing new approach to modern design BEIJING: Dominic Bettison says China has been an ...

Vanke snapping up land parcels

A residential property project developed by Vanke in Fuzhou, Fujian province. Despite falling sales, the price of new residential apartments in Beijing remains firm. Zhang Bin / for China Daily Property firm taking advantage of lower prices to boost its assets BEIJING - China ...

Adidas may expand into third tier, small cities

BEIJING - Adidas AG, the world's second-largest sporting goods maker after Nike, said it expects to improve its performance in China by aggressively restructuring its business with more outlets in smaller Chinese cities and more fashion-oriented products. An oversized version of ...

Michelin seeks govt nod for capacity expansion

Tires ready for shipment at the Michelin plant in Clermont Ferrand, France. The price increases of raw materials such as rubber last year will push up costs for Michelin by around 700 million euros ($858 million) this year. [Nicolas Thierry / for China Daily] French tire company ...

Shougang Steel may ink Tonggang deal this month

BEIJING - Shougang Steel Group is likely to acquire a majority stake in Jilin-based steelmaker Tonghua Iron & Steel Group (Tonggang) this month, according to a Tonggang official. The restructuring deal will bolster cash-strapped Tonggang, the official said. "Shougang President ...

Foxconn raises workers' pay by 30% after suicides

Workers work on circuit boards at the Foxconn factory in Longhua township in southern Guangdong province. Bosses say they will increase salaries by 30 percent. [Edmond Tang / China Daily] SHENZHEN - Taiwan's Foxconn Technology Group Wednesday announced a 30-percent pay increase ...

China Southern to join SkyTeam

A worker loads cargo at Fuzhou Changle International Airport in Fujian province. In spite of having the largest aircraft fleet among mainland carriers, China Southern is the least competitive in the cargo market. Zheng Shuai / for China Daily Airline hopes alliance will help give ...

Battle of the beers comes to a head

Trouble brews as Yanjing asserts its territory, some Snow beer sellers claim If two breweries fight a price war, it's hardly novel. But in the capital, the entrance of a new beer brand has led to fisticuffs over fizz. The brawl, figuratively and literally, erupted between Beijing ...

Shandong Gold set to boost bullion output

China's gold output rose 11.3 percent to 313.9 tons in 2009 and accounted for 13 percent of the global gold production. [Fu Ding / For China Daily] BEIJING - Shandong Gold Mining Group plans to expand its bullion output and also grow inorganically through overseas acquisitions, a ...

Dell event seeks to inspire via youthful artistic talent

Zhang Jinliang (left) and another winner of the Dell Design Studio Contest show off their artwork in Beijing. With China now the world's second-largest PC market, Dell chose China to hold the first computer design contest. [Zhang Wei / China Daily] Contest to design laptop covers ...

Cisco confident on long-term growth

John Chambers, chairman and chief executive officer of Cisco, said that he had a "high perspective" for China. [Provided For China Daily] SHANGHAI - Network equipment maker Cisco Systems Inc is optimistic about its long term development in China, and sees huge growth potential in ...

Mainland, Taiwan open new air route

Taipei airport ground staff wave to a China Airlines aircraft as it takes off to Shanghai, at the Taipei Songshan Airport June 14, 2010. The Chinese mainland and Taiwan launched a new direct flight service between Hongqiao Airport in Shanghai and Taipei's Songshan Airport which ...

Cipla seeks partner in pharma

MUMBAI - Cipla Ltd, the Indian drugmaker that built a $1 billion business making generic HIV treatments, aims to sell copies of Roche Holding AG's and Amgen Inc's best-selling biotechnology medicines with a partner in China. Cipla Chairman Yusuf Hamied plans to invest in ...
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