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Cosmetic surgery gets a new facelift

More Chinese now willing to pay to keep up appearances, look younger BEIJING - Shimon Eckhouse is co-founder and chairman of a list of companies including Syneron, CardioDex, NanoCyte and Tulip. Shimon Eckhouse, co-founder and chairman of a list of companies including Syneron, ...

Chasing beauty on the inside as eagerly as on the outside

A saleswoman checks her health supplements in a promotion to local customers at a supermarket in Hangzhou, capital of East China's Zhejiang province. [Photo / China Daily] BEIJING - Toner, serum, moisturizing lotion and eye cream: part of the daily skincare procedure for 27-year...

Bayer ups Shanghai investment

The logo of Bayer AG at the entrance of the company's headquarters in Leverkusen, Germany. The nerve center of the company's Polycarbonates Business Unit will be relocated from Leverkusen to Shanghai. [Photo/Agencies] SHANGHAI / LEVERKUSEN, Germany - Bayer Group, the world's ...

Fosun to invest billions as it goes for global expansion

Representatives of Fosun Pharma United Family Healthcare and Huashan Hospital. Fosun has been aggressive in international investment, including buying stakes in United Family and Club Med.[Photo/China Daily] BEIJING - Dealmakers, brokers and bankers with black portfolios ...

Vale debuts in Hong Kong

Representatives from the Hong Kong Special Administrative Region, Hong Kong Exchanges and Clearing Ltd, and Vale SA attend a listing ceremony for the Brazilian mining company at the Hong Kong Stock Exchange on Wednesday.[Photo/Agencies] Mining giant seeks to attract Asian ...

Yum says China to be top profit driver this year

People dine at a KFC outlet in Shanghai in this file photo taken in 2008. [Photo/Agencies] Yum Brands Inc said China would surpass the United States as the fast-food restaurant operator's top profit generator this year, even as the Chinese market's potential remains largely ...

Web firms' IPOs earn big bucks

A receptionist at a dangdang.com office. Dangdang and fellow Chinese Internet company Youku launched IPOs in the United States on Tuesday. [Photo/China Daily] Companies raise more than originally sought when they came to market NEW YORK - E-Commerce China Dangdang Inc (Dangdang) ...

Foreign, Chinese firms' tax burdens unified

A man works on a foreign-investment exhibition booth at the China International Industry Fair in Shanghai.[Photo/China Daily] Starting today, two extra charges will be levied on internationals BEIJING - China is levying two taxes on foreign companies, marking the beginning of a ...

Heavy load for loadermaker

Visitors at Bauma China 2010, the International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment, in Shanghai on Tuesday. The show has become a gathering for almost all top machinery makers from home and abroad. [Photo/Xinhua] ...

Lenovo sees Q2 profits surge

Lenovo's stand at the 13th China Beijing International High-Tech Expo held in June. [Photo/For China Daily] Computer maker expects LePad to lead the way forward in sales of tablet PCs BEIJING - China's biggest PC maker Lenovo Group said on Wednesday that it expects sales of its ...

Boom market for foreign companies

BEIJING - Not only is it the world's largest exporter, but China, the most populous nation and the second-largest economy, is creating a market that will whet the appetites of exporters overseas. "I had never done business and sold anything here in China before, but I think the ...

China State Construction Corp 10-mth sales up 61%

Real estate sector shows signs of cooling Sales of completed properties from January to October reached 5.16 billion yuan, up 25.9 percent from a year ago, it said.

PetroChina, Shell ink joint projects

BEIJING - PetroChina Co and Royal Dutch Shell have agreed to jointly work on an oil and gas project in Canada and a coalbed methane block in North China, the Chinese company said on Wednesday. The two oil giants signed a Memorandum of Understanding for the project in Canada. The ...

ADB extends $200m loan to expand natural gas distribution in China

MANILA - The Asian Development Bank (ADB) is extending a loan worth $200 million to China to develop the country's natural gas distribution infrastructure and promote renewable energy use.The ADB said in a statement issued on Wednesday that the loan, which will be coursed through ...

GE makes $2b Chinese investment

BEIJING - Multinational conglomerate General Electric (GE) said on Tuesday it will invest more than $2 billion through 2012 in China to set up joint ventures with Chinese companies and expand its innovative capacity in the country. More than $1.5 billion will be used to fund ...

Sinopec to hike oil processing, add import to ease diesel shortages

BEIJING - China's major oil refiner, Sinopec, has taken measures, including boosting crude oil processing and importing diesel, to alleviate the severe diesel shortage currently plaguing some Chinese cities.Daily processing of crude oil will increase to 4.27 million barrels per ...

Taiwan coffee giant to take on Starbucks

An employee of 85C, a Gourmet Master Co bakery cafe shop, prepares a beverage in Taipei. Gourmet Master Co, which is raising funds through an initial public offering, plans to increase its coffee shops in the mainland to as many as 1,000 by 2015, challenging Starbucks Corp with ...

China Eastern Airlines, Rolls-Royce strike $1.2b deal

BEIJING - China Eastern Airlines and British jet engine-maker Rolls-Royce inked a $1.2 billion deal Tuesday. CCTV ad auction draws record bids.

EU approves Philips' sale of TV business in China

BRUSSELS - The European Commission on Tuesday approved the acquisition of the sale and distribution activities of branded color TVs in China of the Dutch company Koninklijke Philips Electronics by TPV Technology, a Bermuda-based manufacturer of monitor displays and color TVs....

China's Hisense expects 7% increase in sales revenue this year

QINGDAO - Hisense Group, a leading home appliance maker in China, announced Tuesday its sales revenue will grow 7 percent year-on-year to reach 60 billion yuan ($9 billion) this year.Zhou Xiaotian, vice president of Hisense, said white goods sales largely contributed to the ...
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