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Earthquake likely to affect Japanese automakers' China ventures

The earthquake in Japan will pose a serious impact on the supply of components Japanese automakers' joint ventures in China, according to auto industry analysts. China-Japan auto joint ventures in Guangzhou, such as Guangzhou Toyota Motor Company and Guangqi Honda Automobile ...

HK insurance's gross premiums in 2010 up 11.6%

Hong Kong's Commissioner of Insurance office announced on Tuesday that the total gross premium of the Hong Kong insurance industry was 207.2 billion HK dollars (26.59 billion US dollars) in 2010, representing an increase of 11.6 percent over 2009. The gross and net premiums of ...

Baidu search engine accused of infringing on copyrights

Dozens of popular Chinese writers have accused the search engine giant Baidu of infringing on their copyrights and branded it a "thief" in the latest claims of piracy against the company. More than 40 writers, including the popular blogger Han Han and well-known writer Jia Pingwa...

HP looks to WebOS, cloud computing in new sales campaign

Hewlett-Packard (HP) Corp will begin delivering the HP TouchPad and beta versions of WebOS on Windows-based PCs later this year. [China Daily] Hewlett-Packard (HP) Corp, the world's largest PC maker by shipment volume, is aiming to sell 100 million devices that use its WebOS ...

Hubei Changjiang plans backdoor listing

Hubei Changjiang Publishing Group announced on Tuesday that it will go through a backdoor listing onto the Shanghai Stock Exchange, amid a growing trend for Chinese press and publishing companies to branch into the equity market. Hubei Changjiang has plans to list through ...

Auto supply challenge if closure lasts long

The closure of plants by three major Japanese car makers after a devastating earthquake and tsunami may have limited impact on their production in China but future supplies may face challenges if the shutdown lasts longer. Toyota Motor Co, the world's largest auto maker, has ...

China's search giant Baidu in wrangle over copyright theft

Baidu, China's search engine giant, was blamed Tuesday by Chinese writers for participating in copyright violations, since the website offers free online excerpts of unauthorized stories and books. On March 15, which is World Consumer Rights Day, more than 40 writers said in an ...

Shanghai's property rental prices surge

The rental prices for low, medium and high-end apartments in Shanghai have all surged, according to a report recently released by the Shanghai Property Rental Index Office (SHRIO). The property rental index in Shanghai stood at 1,276 in February 2011, 15 points or more than 1 ...

ABB to maintain investment pace

The power and automation technology giant, ABB Group, will invest more than $100 million in China this year, to maintain its robust growth in the country, a senior official said. "We will keep up our investment scale in China this year, as we have maintained strong organic growth ...

NASDAQ to build station in Beijing's Haidian District

The NASDAQ Stock Exchange, the world's largest electronic securities trading market, will build a station in Beijing's Haidian District in 2011 to provide enterprises in the district with listing consultation services. NASDAQ Senior Vice President Nelson Griggs said that the ...

Policy controls cool Beijing's auto, property markets

Data from the Beijing Statistics Bureau shows that Beijing's auto and property market will cool under the influence of policy controls. From January to February 2011, the sales of Beijing commercial housing reached more than 1.3 million square meters, a decline of more than 21 ...

Japanese automakers: China operations unaffected

The operation of Japanese automakers in China won't be affected in the short term even as their domestic production is halted in the aftermath of Friday's severe earthquake and tsunami, automakers said on Monday. However, the long-term impact is still under assessment, they said. ...

Qihoo 360 plans for US IPO

Qihoo 360 Technology Co generates revenue from advertisements with other companies through its security software and other Internet services. The company became profitable in 2009, and its net income more than doubled to $8.5 million in 2010 from $4.2 million in 2009. [China ...

Hainan Airlines still keen to buy MGM stake

Hainan Airlines, China's fourth-largest carrier, is still interested in buying a stake in US film studio Metro-Goldwyn-Mayer (MGM) after a failed bid last year, a source familiar with the matter said. The source said the carrier intended to join hands with a foreign company to ...

Electronics market faces shortages

A Sony store in Zhongguancun, the center of electronics products in Beijing. Some electronic devices made by Japanese brands saw price hikes on Monday following the devastating earthquake, which is hurting the supplies to China, vendors say. [China Daily] China's electronics ...

China's search giant Baidu in wrangle over copyright theft

Baidu, China's search engine giant, was blamed Tuesday by Chinese writers for participating in copyright violations, since the website offers free online excerpts of unauthorized stories and books. On March 15, which is World Consumer Rights Day, more than 40 writers said in an ...

China e-commerce giant launches campaign to fight online piracy

Taobao.com, China's leading B2C (business-to-consumer) website, announced on Monday that it will launch a major campaign to stop online piracy and counterfeiting. The move comes after the site was labeled as a "notorious market" by selling products that violate intellectual ...

China to raise minimum purchase prices for farm products

China would continue to raise the minimum purchase prices for farm products this year, in a bid to bridge the yawning rural-urban income gap, Premier Wen Jiabao said Monday. Weekly review

Local governments urged to set housing price targets

The Ministry of Housing and Urban-Rural Development is now urging local governments to formulate housing price control targets and standards, and it has required local governments to release the target by the end of the first quarter, Jiang Weixin, Minister of Housing and Urban...

Taobao.com launches campaign to fight online piracy

Taobao.com, China's leading B2C (business-to-consumer) website, announced on Monday that it will launch a major campaign to stop online piracy and counterfeiting. The move comes after the site was labeled as a "notorious market" by selling products that violate intellectual ...
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