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Chinese leader calls for more marine power: Chinese Vice Premier Zhang Gaoli Sunday called for research in polar regions and oceans and make new contributions to the building of a marine power. During a visit to the State Oceanic Administration, Zhang made a video connection with scientists in polar regions and researchers ...

Lenovo buys IBM's X86 server business: Lenovo announced on Thursday that it plans to buy IBM's X86 server business, a low-end unit, for 2.3 billion U.S. dollars. This is another cooperative project between Lenovo and IBM after Lenovo purchased IBM's personal computer business in 2005. According to their agreement, ...

China's banks must evolve or perish: As China's traditional banks raise interest rates to claw back lost deposits, they must find new profit sources as Internet finance is booming. Earlier this week, the China Construction Bank, the Agricultural Bank of China and the Bank of Communications raised the deposit rate by ...

Snowden: NSA involved in industrial espionage: US whistle-blower Edward Snowden says the NSA is involved in industrial espionage. He made the claims in a new interview with German media aired on Sunday. Snowden said if German engineering company Siemens had information that would benefit the US, but had nothing to do with ...

Chinese insurance industry to expand investment range: The China Insurance Regulatory Commission said Tuesday that China's insurance industry earned more than 1.7 trillion yuan, or over 280 billion U.S. dollars last year. That's a jump of about 11 percent from a year ago. The increase means that the industry has regained steam after ...

Chinese insurance industry to expand investment range: The China Insurance Regulatory Commission said Tuesday that China's insurance industry earned more than 1.7 trillion yuan, or over 280 billion U.S. dollars last year. That's a jump of about 11 percent from a year ago. The increase means that the industry has regained steam after ...

Minivans rev up sales for GM: Sales of General Motors and its Chinese ventures accelerated in November on higher demand for minivans. SAIC-GM-Wuling The United States carmaker said November sales gained 20 percent annually to 237,130 units, according to its statement yesterday. The growth was quicker than the ...

Super car club in commercial drive: On the night of Nov 11, more than 150 super cars were driven into the Worker's Stadium where some of the most fashionable bars in the Chinese capital can now be found. Almost all models of super cars were present, including Ferraris, Lamborghinis, Paganis and Aston Martins. Zhang ...

Court rejects Apple lawsuit over iPad name: Shenzhen Municipal Intermediate People's Court has rejected a lawsuit by Apple Inc, accusing a Chinese technology company of infringing its iPad trademark, Beijing Times reported on Tuesday. Apple lawsuit over iPad name rejected In the lawsuit, the court rejected Apple's ...

Chinese steelmakers see profits plunge: China's 77 major steel companies reported an average profit margin of 0.47 percent in October, with monthly earnings of only 1.375 billion yuan (216 million dollars). [Photo/CNS] China's 77 major steel companies reported an average profit margin of 0.47 percent in October, with ...

Honda recalls 304,000 vehicles: Honda recalls 304,000 vehicles Honda Motor Co is recalling 304,000 vehicles globally for air bags that may inflate with too much pressure in a crash, send metal and plastic pieces flying and cause injuries or deaths. Honda said there have been 20 accidents so far related to the ...

App developers look to Android: In China, more and more developers have joined the Android craze, hoping to cash in with applications. Google Inc's Android operating system is storming ahead in its share of the global mobile Internet market. Over the last quarter, it claimed 52.5 percent of the worldwide ...

iPhone 4S sales to start at month's end: iPhone 4S sales to start at month's end Apple Inc's latest iPhone 4S will likely be sold in the Chinese mainland by the end of this month, a senior official of China Unicom, Apple's domestic carrier partner for the smartphone, said during the weekend. Apple is expected to get ...

Messaging and e-mail accounts hacked: MSN China, operator of e-communication services Messenger and Hotmail, said it has launched an investigation into account security after some users' accounts were found hacked and abused. File photo The statement was issued to Shanghai Daily yesterday after some locals complained ...

Dongfeng Motor to recall 3,607 sedans: A 4S dealership store for Dongfeng Nissan in Zhuzhou, Hunan Province. [CFP] Dongfeng Motor Company Ltd. will recall 3,607 sedans starting Dec. 9, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said Thursday. The recall affects 2,509 Qashqai ...

Iron ore physical transaction platform set for Dec launch: Iron ore waiting to be shipped at Qingdao Port in Shandong Province. [China Daily] China is preparing to launch the first iron ore physical trading platform by the end of this year to provide a transparent pricing system for domestic and overseas participants, a senior official ...

Porsche revved about China: With the continuing surge in demand for premium sport utility vehicles (SUVs), China will overtake the United States as the largest market for Porsche AG, the German luxury car brand in 2014, said a company executive. Workers outside a planned Porsche dealership in Beijing. The ...

China set to top online market: China is expected to overtake the United States as the world's largest e-commerce market by 2015, according to a report released by the Boston Consulting Group (BCG) on Tuesday. The country's e-commerce market is projected to grow at a compound annual rate of 33 percent to reach ...

China is biggest smartphone market: Handsets are displayed in a store. [CFP] China overtook the United States for the first time as the largest smartphone market by shipments in the third quarter, with more low-cost smartphone models entering the market, according to a latest industry report. China's exports of ...

Apple adopts yuan for online payment: Apple Inc's online store has started accepting payments made in Chinese yuan, to gain a further foothold in the world's biggest Internet market. All applications of ITunes in China have shown the price of RMB. The application program prompts the customer to pay in RMB. The App ...

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sports

Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

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Li Na wins French Open women's singles title: History-making tennis legend Li Na notched the first-ever grand slam ...

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