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Is this the end of the chapter for e-book manufacturers?

E-readers are displayed at the Computex Taipei 2010 in Taipei, Taiwan province, in June. Because of fierce competition and poor software support, many Chinese e-book manufacturers are shifting their focus to tablet PCs. [Photo / Bloomberg] Supply issues, reduced profit margins ...

China's leading steelmaker halts production in capital

Workers watch a furnace operate for the last time at Shougang Group's steel plant in Shijingshan district, in the western suburbs of Beijing on Dec 19, 2010. The country's leading steelmaker halts operations in Beijing amid efforts to cut the capital's air pollution. It has built ...

COSCO melds pieces of US-China success

Five white gantry cranes work simultaneously to unload the MV Don Giovanni, a CMA CGM cargo ship that can carry about 4,800 regular containers. Most of the goods are from China. [Photo / China Daily] Container terminal testimony to robust growth of bilateral trade LOS ANGELES - A ...

Firm that grew from 'ridiculous' blueprint

CHICAGO - On a cold November day in 1995, a Chinese man walked into a restaurant in Chicago to meet an American banker for a business meeting. The man, with limited English, pulled out a piece of paper and started sketching what he aimed to achieve in 10 years, with numbers, ...

Baosteel boosts profit in 2010

Baosteel Co Ltd, China's biggest-listed steelmaker, said its net profit attributable to shareholders was 12.8 billion yuan in 2010, a 120-percent year-on-year increase, the National Business Daily reported Thursday, citing the company's performance briefing. According to the ...

China Resources, Kirin to form China JV

China Resources (Holdings) Co, the parent of China Resources Enterprise and Japan's Kirin Holdings will establish a joint venture in China as early as this year, Reuters reported, citing the Nikkei business daily. The two beer makers are still in talks on details of the alliance, ...

Airbus steps up co-op on engineer training in China

The Civil Aviation Administration of China (CAAC), Airbus and two Chinese aviation universities have agreed to continue to work together for a higher level performance engineer training course in China, following the implementation of the Ab Initio Performance Engineer training ...

CNNC, Exelon agree on nuclear service cooperation

Chinese nuclear power developer China National Nuclear Corp (CNNC) and US-based Exelon Corp signed an MOU last week, marking the first step for the top US nuclear power operator to provide nuclear power service in China, Reuters reported. The two firms will sign a detailed ...

GLG Life's China JV gets production, sales license

Canadian sweetener maker GLG Life Tech Corp said its Chinese joint venture received a national license to produce and sell zero-calorie beverage and food products in the Asian country. ANOC China, the joint venture with China Agriculture and Healthy Foods Company (CAHFC), will ...

Five western China firms may list this year: Report

SHANGHAI- Five companies in China's western city of Chongqing plan public listings this year, the Shanghai Securities News reported on Tuesday, citing local government officials. The five companies are Bank of Chongqing, Chongqing Construction Engineering Group Corp, Chongqing ...

Restaurants busy with festival dinners

Bookings for dinner on the eve of Spring Festival, China's lunar new year, neared 10,000 on Monday, the Beijing News reported Tuesday. The bookings have reached two thirds of restaurants' capacity in terms of serving Spring Festival's Eve dinners in the capital city, according to ...

Tencent Holdings to launch $760m games fund

Tencent Holdings, China's largest Internet firm by market value, plans to launch a 5 billion yuan ($760 million) fund to invest in online games, social games and mobiles games, Reuters reported Tuesday, citing the Shanghai Securities News . Tencent, which dominates China's online ...

Spring Airlines readies listing

SHANGHAI - Spring Airlines Co Ltd, the nation's only budget carrier, has started preparations for going public in Shanghai, showing the capital market's recognition of the private carrier's business performance. In return, the funds raised in the A-share market will further ...

WISCO's overseas takeover talk paused by seller

The Australian mining company Riversdale Mining Ltd (RML) suspended talks of a takeover by Wuhan Iron and Steel Co (WISCO) over a Mozambican coalmine project, while another bidder, Rio Tinto Group, is likely to win the deal, National Business Daily reported Tuesday. The story has ...

Five southwestern China firms may list this year

Five companies in China's southwestern city of Chongqing plan public listings this year, Reuters reported, citng the Shanghai Securities News. The five companies are Bank of Chongqing, Chongqing Construction Engineering Group Corp, Chongqing Gas, Chongqing Chuan Yi and Minsheng ...

China Southern doubles Kathmandu flight numbers

Employees of China Southern Airlines assist a traveler at Beijing Capital International Airport. The airline now offers flights to Nepal every day except Tuesday. [Photo/Bloomberg] Increasing demand from Nepali travelers prompts airline to expand KATHMANDU, Nepal - China Southern ...

Chinese firms shine at Dubai's medical fair

DUBAI - The four-day Arab Health Congress in Dubai, which started Monday, attracted more than 2,800 exhibiting companies from 60 countries or regions. Once again, the 36-year-old medical fair is dominated by Chinese firms. "This year, major delegations come from China with over ...

BOC to increase aircraft assets

SINGAPORE - BOC Aviation, the aircraft-financing unit of Bank of China, said on Monday that it is looking to order more aircraft from manufacturers such as Airbus and Boeing this year, as the airline industry rebounds strongly from the global economic downturn. BOC Aviation Chief ...

CNR to deliver high-load freight cars

Model trains on display at the 17th China-Tianjin Investment and Trade Fair in Tianjin in June 2010. Since 1999, China CNR Corp has exported more than 5,000 freight cars to Australia, with another 260 in the pipeline. In the last decade, China has signed railway cooperation ...

Huawei sues Motorola over intellectual property right

CHICAGO - China's Huawei Technologies Co sued Motorola and Nokia Siemens Networks on Monday in order to protect its intellectual property right, the company said in a press release. The lawsuit, filed in US District Court for the Northern District of Illinois, marks the first ...
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