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US listed firms fight short-seller claims

An engineer in the R&D department at Spreadtrum Communications Inc's facility in Shanghai. US-listed chip designer Spreadtrum says allegations made by Muddy Waters are groundless. [Photo / Agencies] Firms reject Muddy Waters' reports alleging improprieties as groundless BEIJING / ...

Fujitsu looks to Chinese market

Employees assemble parts for Fujitsu Ltd computer servers on a production line in Japan. The company's revenue in China was 110 billion yen ($1.36 billion), which was just around 2.5 percent of its global total. [Photo / Agencies] Company says the country can contribute to its ...

Lenovo's gaming console launch raises questions

Eedoo Technology Ltd plans to launch its iSec gaming console in September or October, despite a ban on the sale of gaming consoles in place since 2000. [Photo / Agencies] TOKYO - Lenovo's launch of a video game console in China this year could throw into question the country's ...

Alcoa leader shows his mettle

Chen Jinya, corporate vice-president of Alcoa and president of Alcoa Asia-Pacific. [Photo / China Daily] 'Dawn raider' likes speed-dating TV but also possesses a tough exterior BEIJING - When Chen Jinya joined Alcoa China on the first day of 2007, he expected he would be able to ...

Singapore's Temasek sells BOC, CCB shares

A branch of China Construction Bank Corp in Hai'an, Jiangsu province. Temasek Holdings Pte has raised HK$28.2 billion ($3.63 billion) by selling stakes in China Construction Bank Corp and Bank of China Ltd. [Photo / China Daily] State-owned investment company transaction raises ...

HP plans expansion in China

A Hewlett-Packard (HP) Corp booth at an expo in Beijing. The PC maker announced expansion plans in Beijing on Wednesday. [Photo / China Daily] Expansion to be channeled by newly appointed executives BEIJING - Hewlett-Packard (HP) Corp, the world's largest PC maker by shipment ...

As business slows, Tencent is game on diversification

Tencent Holdings Ltd is aggressively shifting away from the competitive online gaming industry and into China's social networking, e-commerce and mobile search-engine sectors. [Photo / China Daily] HONG KONG - Tencent Holdings Ltd, the world's third-largest Internet firm, aims to ...

Baidu looking to go beyond Web searches

Baidu Inc held 36 percent of China's mobile search market in the first quarter, according to the research company Analysys International. [Photo / Provided to China Daily] 'Box computing' would aggregate Internet services for mobile devices BEIJING - Baidu Inc, the most popular ...

Longchamp to expand in China

Jean Cassegrain, CEO of Longchamp SAS BEIJING - The French luxury brand Longchamp SAS will accelerate its expansion in China to make the country one of its top-three markets in three years, the company's chief executive officer said. "Our company's business in the first six ...

Estee Lauder follows rivals to increase prices

An Estee Lauder Cos Inc advertisement in Beijing. Experts say increasing costs are driving companies to increase their prices. [Photo / China Daily] SHANGHAI - US-based cosmetics maker Estee Lauder Cos Inc raised the price of its brands by an average of 8 to 10 percent on July 1, ...

Sony Ericsson, China Mobile to develop 4G phones

Bert Nordberg, president and chief executive officer of Sony Ericsson Mobile Communications AB BEIJING - Sony Ericsson Mobile Communications AB will cooperate with China Mobile Holdings Ltd to develop mobile phones that support China's domestic fourth-generation telecommunication...

Two SOEs Top List of Dream Employers

Collage graduates line up at the Bank of China booth at a job fair in Guangzhou, Guangdong province. Analysts say that SOEs have become a top choice for many college grads. [Provided to China Daily] Two large State-owned enterprises (SOEs) top the list of most-favored potential ...

Two SOEs top list of dream employers among grads

Collage graduates line up at the Bank of China booth at a job fair in Guangzhou, Guangdong province. Analysts say that SOEs have become a top choice for many college grads. [Photo / China Daily] Two large State-owned enterprises (SOEs) top the list of most-favored potential ...

Nestle's bid for snack firm may win approval

A Nestl SA booth at an expo in Beijing. The company's proposed purchase of snack producer Hsu Fu Chi International Ltd is likely to be approved by Chinese regulators. [Photo / China Daily] Deal would help food giant grow its share of the Chinese market SHANGHAI - The proposed ...

State Grid in battle against tropical storm

Soldiers in Yuhuan county, Zhejiang province, keeping a close watch along a breakwater on June 24 as tropical storm Meari approaches. [Photo / China Daily] When tropical storm Meari hit the East coast of China in late June, the State-owned electric-power supplier, State Grid Corp...

Subway Eyes Further China Expansion

A Subway restaurant and take-away in Shanghai. The US fast food giant is opening 80 new outlets across China this year to compete with other fast food chains. [Photo: China Daily] After overtaking McDonald's Corporation in the number of its outlets globally, US fast food giant ...

Turning new page for profits

Bai Jiancheng was named editor-in-chief of China Electric Power News in April 2006, a time when it seemed as if the lights were dimming on the 25-year-old newspaper. The Chinese power industry was undergoing an overhaul, launched in 2003, to introduce greater competition and ...

Wanda's 500m yuan to boost Chinese soccer

Wang Jianlin, chairman of Dalian Wanda Dalian Wanda back CFA's bid to foster young talents with multi-million deal BEIJING - Fresh from the recent disappointment of its Olympic team failing to qualify for next year's London Games, the Chinese Football Association (CFA) launched a ...

PopCap Games powers up in China

Game-maker sees big scope for growth in Chinese market SHANGHAI - With the increasing interest shown by Internet users in games, PopCap Games Inc, a United States-based game developer and publisher famed for its popular game Plants versus Zombies (PvZ), sees a rosy future in ...

Diamonds make the cut for big and small firms

SHANGHAI - Overseas diamond retailers are paying close attention to the booming diamond market in China with a view to cashing in on the country's growing purchasing power. Two customers examine diamond rings at a department store in Beijing. Demand for diamonds in China has ...
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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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industry

Minivans rev up sales for GM
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Chinese leader calls for more marine power
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sports

Lucrative golf industry lures stiff competition
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Two models stand beside golf equipment and bags at a recent golf ...
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 ...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...
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