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Copper deal signed

The Australian miner CuDeco said on Tuesday that it has signed a deal with China's Sinosteel to supply the latter's A$200 million ($203.7 million) Rocklands copper project in Queensland. Sinosteel will also source equipment and arrange shipping to the port of Townsville. The ...

Websites slammed in trade report

Baidu Inc, China's biggest search engine, and Alibaba Group Holding Ltd's Taobao, the nation's largest e-retailer, have been named "notorious markets" by the US Trade Representative (USTR) for helping sustain piracy and counterfeiting. The Chinese companies were among more than ...

Fosun Pharma to float shares in Shanghai

Shanghai Fosun Pharmaceutical (Group) Co Ltd (Fosun Pharma) plans to float shares on the Hong Kong Stock Exchange, the Shanghai-listed company said in a filing to the Shanghai Stock Exchange on Tuesday. Analysts regarded the move as a further step in the company's internationaliz...

HSBC plans to expand more in Chinese mainland

Increased aluminum prices boost Chalco profit

Minmetals to buy more assets

Mining giant intends to meet rising demand for raw materials China Minmetals Corp, one of the country's top mining companies, is planning to expand its ferrous resources tenfold during the next five years, to supply the rising demand for raw materials, a company executive said. ...

US slams Baidu, Taobao for piracy (2)

It said 100 salespeople, out of a workforce of 14,000, allegedly involved in defrauding customers, were also fired, the AP reported. The US Chamber of Commerce advised Congress to pass legislation allowing US courts to block foreign websites that sell pirated or counterfeit goods ...

US slams Baidu, Taobao for piracy

US trade officials have named and shamed Chinese search engine Baidu and e-commerce giant Taobao as "notorious markets" for counterfeit and pirated goods. The decision may add to calls for legislation giving US courts new authority to block foreign websites that sell pirated ...

Rural credit cards launched

China UnionPay Co, China's only bank card payments processor, joined 28 financial institutions on Tuesday to launch bank cards targeting farmers and others in the agricultural industry, in an effort to expand development of the sector. The aim is to help ease the difficulty in ...

Tata seeks Chinese partner

Tata Motors Ltd, the Indian owner of Jaguar Land Rover, has met with companies, including Hebei-based Great Wall Motor Co, as part of its quest to find a partner for the manufacture of luxury vehicles in China. "It's important to have a local partner," Carl-Peter Forster, chief ...

Wine exhibition lures Chinese

The world's biggest wine and spirit exhibition VINEXPO, annually held in Bordeaux, France, has held a news briefing in Beijing to encourage more Chinese citizens to visit the show later this year. Xavier De Eizaguirre, the president of VINEXPO said the exhibition expects about ...

China caps emissions for rare earth producers

Beijing has set tougher regulations of environmental protection in guiding the rare earths sector, after years of wild development. Strident emission limits on rare earth mining and production have been meted out by the central government. The caps on about 15 pollutants will ...

Infinity invests in biotech

Infinity Group, a leader in cross border yuan and dollar private equity funds, announced on Tuesday that it is investing 120 million yuan ($18 million) in Shijiazhuang Xingbai Pharmaceutical Company Limited. The funds are earmarked for improvements to Shijiazhuang Xingbai's ...

CAIGA acquires US planemaker in historic deal

China Aviation Industry General Aircraft Co Ltd (CAIGA) announced on Tuesday that it has signed an agreement to acquire Cirrus Industries Inc (Cirrus), the first acquisition of an aircraft maker that a Chinese aviation company made in the United States and Europe. Cirrus is the ...

South China firms on the rise

A record 95 percent of businesses in South China said they are profitable or will be within two years, according to the latest annual survey conducted by the US Chamber of Commerce in South China. "This indicates to me that companies on the mainland have, more or less, already ...

'Smart' Mars probe will boldly go on trek

China will update and modify its lunar probes to develop a Mars probe, Ye Peijian, chief scientist of deep space exploration at the China Academy of Space Technology, told China Daily. Modifications, to enable the Mars probe to reach deep space and become "smarter", will be ...

US slams Baidu, Taobao for piracy

US trade officials have named and shamed Chinese search engine Baidu and e-commerce giant Taobao as "notorious markets" for counterfeit and pirated goods. The decision may add to calls for legislation giving US courts new authority to block foreign websites that sell pirated ...

Alibaba scandal may help rivals' business

Alibaba.com Ltd, owner of China's largest online-commerce site, has been the go-to marketplace for Western companies seeking gaskets, garden gnomes and gelatin. Disclosures that its salespeople helped defraud buyers may send business to rivals Google Inc and Global Sources Ltd. ...

Google says software bug causing email service failure

Google has blamed a software bug for erasing emails of some of its Gmail users over the weekend, while making apologies and promising to restore missing emails for every user soon. A storage software update released by Google introduced the unexpected bug, which caused about 0.02 ...

China's Parental Watch Project underway

In today's early morning, China's online games industry started full operation of the Parental Watch Project, the supervising mechanism specifically tailored to allow parents to better monitor their children's balance between real life and online gaming time. The statistics from ...
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Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

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 ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
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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