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AES to buy Jianghe Rural stake

Construction workers at a hydropower project in Guizhou province. The development of clean energy has become a focus for many foreign power companies in China. [Wu Dongjun / for China Daily] US power producer to pay $48.8m for 49% stake in hydropower firm BEIJING - US power ...

Swiss firm to set up production in Jiangsu

A salesman introduces kitchen products to a consumer at a home improvement store in Beijing. With a wide variety of options, consumers are cautious about buying kitchen furniture. [Yang Duoduo / for China Daily] BEIJING - Switzerland-based building supply manufacturer, AFG ...

Multinationals 'should respect laws in China'

BEIJING - Chinese trade experts said on Tuesday that Google's move to describe China's Internet restrictions as an unfair barrier to free trade is groundless, as the country's Internet regulations apply to everyone and are in accordance with the rules of the World Trade ...

Chinese sports companies focus on sponsorships

BEIJING: The newest sponsor of women's tennis is a half-billion dollar sporting goods maker that virtually no one outside of China has ever heard of. A shop assistant works at a Peak sports shop in Beijing, June 13, 2010. [Agencies] Peak, which announces its five-year deal with ...

Pratt & Whitney, AVIC in talks on making engine parts

Robert Keady, vice-president of Pratt & Whitney, said the company is devoting more efforts to cooperate with local partners. BEIJING - Pratt & Whitney, a leading aircraft engine manufacturer, said it is discussing the manufacturing of its latest engine components in China with ...

China Unicom in talks over iPad and iPhone 4

A customer looks at an iPhone 4 at the Apple Store 5th Avenue in New York June 24, 2010. People lined up hours in advance hoping to snag one of the "limited" quantity slated for retail sale only. AT&T will begin selling the iPhone 4 at retail on June 29, on a first-come first...

Tsingtao Brewery foaming over Aussie Foster's

BEIJING - Tsingtao Brewery Company, one of the largest breweries in China, may be considering the purchase of the beer assets of Australia's largest brewer Foster's Group, while domestic food and beverage giant, Bright Food Group, is said to be interested in Foster's wine unit, ...

Steelmakers may cut production on weak demand

SHANGHAI - Chinese steelmakers are likely to cut production in the third quarter because of "weak" demand from auto and appliance makers, according to the nation's second-biggest mill. Customs inspectors collect iron ore samples imported from Iran in Rizhao Port, Shandong ...

Protest hits Foxconn annual meet in Hong Kong

Protesters carry placards outside an Apple premier reseller store during a demonstration in Hong Kong on Tuesday as the annual general meeting of IT giant Foxconn was held. Labor activists also held protests in Taiwan after a recent spate of suicides at the company s factories on ...

United plans to spread its wings in China

SHANGHAI - Operating the most direct flights in terms of passenger capacity between the US and China, United Airlines Inc is eager to tap deeper into China's aviation market. Strengthening ties with Shanghai, the nation's financial center and a future international aviation hub, ...

Carmaker Volvo poaches VW executive as CEO

FRANKFURT - Premium-car maker Volvo, which Ford is selling to China's Zhejiang Geely, has hired the head of Volkswagen's North America business as its chief executive, a German newspaper reported. Stefan Jacoby, chief executive of Volkswagen Group of America, is to replace Briton ...

Intelligent technology may divert traffic woes

A traffic jam in Shenyang, Liaoning province. The majority of China's intelligent transportation sector is currently driven by government-led projects. Hai Tao / for China Daily Domestic, international firms hone in on IT-leveraged road management BEIJING - China has witnessed a ...

ABC forges ahead with IPO

A customer pays for gas at a Petroleo Brasileiro SA gas station in Sao Paulo, Brazil. Petrobras may raise as much as $40 billion in the world's biggest share sale ever, according to Brazil's state development bank. [Agencies] Offerings from emerging markets surpass those of ...

Gap hopes to fill the gaps

The Gap Inc logo is displayed outside a store in New York. The company's first China store is to be opened in Beijing's Joy City shopping mall. [Agencies] BEIJING - Gap Inc, a global apparel retailer, plans to enter the Chinese market soon, by opening four outlets within this ...

ABC may price float at 2.7-3.3 yuan

A customer at Agricultural Bank of China's Huaibei branch in Anhui province. The bank plans to sell up to 56.3 billion shares in a dual listing in Shanghai and Hong Kong. Wu He / for China Daily Bank likely to peg Hong Kong issue above HK$2.80 BEIJING - Agricultural Bank of China ...

Airbus considering new joint ventures

The Airbus A320 final assembly plant in Tianjin. The factory, Airbus' first aircraft final assembly line outside Europe, delivered its first A320 to Sichuan Airlines one year ago. Bao Fan / for China Daily European plane maker eyes collaboration in aircraft financing, air traffic ...

Stronger yuan to pep up domestic air carriers

A China Southern plane taxis on a runway after landing while an Air China flight departs at Beijing Capital International Airport. Doug Kanter / Bloomberg SHANGHAI - Airline shares surged on the Shanghai Stock Exchange on Monday, on anticipation that their US-dollar-denominated ...

Introducing a woman's touch

Miranda drinks on the production line of PepsiCo's new plant in Chongqing, Southwest China. The new plant deploys more than 35 water- and energy-saving designs in order to use 22 percent less water and 23 percent less energy than the average PepsiCo plant in China, according to ...

China Southern's fleet ranks world's No 6

China Southern Airlines' Airbus A330-200 arrives at Guangzhou Baiyun International Airport on Sunday morning. [Chinanews.com.cn] China Southern Airlines' 400th aircraft, an Airbus A330-200, arrived in Guangzhou Sunday morning, making the air carrier the world's sixth largest by ...

Environment lessons

Agilent evangelises the need to reduce carbon footprints Cynthia Johnson, vice president, Corporate Relations, Agilent Technologies Inc, said green was not a buzz word at her company. It was a distinctive way of working, a year-round commitment to create a sustainable tomorrow. ...
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China's farm product pricing plan shifts to market orientation
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GM China chairman to retire
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Chinese leader calls for more marine power
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Lucrative golf industry lures stiff competition
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Yao's gift of sport for all
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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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