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Huawei offers free mobile phone network

Chinese technology giant Huawei is offering to freely install a mobile phone network worth 50 million on the London Underground train system in time for the 2012 Olympics, a report said yesterday. Huawei would install mobile transmitters along the ceilings of tunnels so that ...

Unlicensed software ban shows resolve

Officials will face censure if they fail to meet deadline on authorized products use Government officials who allow the use of pirated software in their offices will face censure amid a drive to promote authorized software. All central government departments should ban the use of ...

China's Huawei withdraws from U.S. company purchase (2)

Previously, Huawei said it would not withdraw from the purchase and welcomed the U.S.security panel inquiry. "It's a hard decision, but we have decided to accept the CFIUS recommendation to withdraw our application to acquire specific assets of 3Leaf Systems," Huawei said in a ...

Tibet Airline to begin offering flights in July

China' s Tibet Airlines Company, the first airline based in southwestern Tibet Autonomous Region, will inaugurate its first flight in July, said the company on Monday. As the company' s first aircraft will be delivered in Hamburg, Germany on July 7, the company will then offer ...

Alibaba CEO resigns

Chinese e-commerce supplier giant Alibaba said Monday that its chief executive officer (CEO) David Wei has resigned from his post. Reason of the resignation is not immediately known. Wei has been replaced by Jonathan Lu, CEO of Taobao.com, China's largest online retail site, ...

Beibu Gulf to launch 304 major projects

The Beibu Gulf Economic Zone in south China's Guangxi Zhuang Autonomous Region will invest 80 billion yuan this year to construct 304 major projects with investments totaling more than 630 billion yuan, according to news released from a meeting analyzing the projects in the ...

Strong Philippine, China sales power fastfood chain's 2010 growth

Fastfood giant Jollibee Foods Corp. has its net profit last year grow by 16 percent thanks to robust sales and massive expansion in the Philippines and China. Company executives reported Monday the Manila-based company raked in 3.09 billion pesos (71.3 million U.S. dollars) in ...

Large porphyry molybdenum deposit found in Inner Mongolia

Inner Mongolia Autonomous Region recently confirmed discovery of large porphyry molybdenum mine with estimated 260,000 tons of molybdenum resources. Molybdenum's main use is in high strength steel alloys. These alloys are used in numerous applications from large scale constructio...

Legend Holdings plans to list in Hong Kong in 2014

Legend Holdings Ltd., the parent company of China's biggest PC manufacturer Lenovo, plans tointends to go IPO in Hong Kong in 2014, domestic media the China Business News reported on Monday, citing the company's Chairman and President Liu Chuanzhi. Legend will wrap its core ...

Fujifilm aims to stregthen foothold in digital market

Fujifilm, a major Japanese photographic film and camera manufacturer, is set to foray into the high-end portable digital camera market while enriching its product portfolio, which is hoped will result in a larger market share in China, a company official said Friday. Fujifilm ...

SAIC shares to remain suspended

Trading in the shares of SAIC Motor Corp , China's top car maker, will remain suspended for another five working days from today, the company said in a filing with the Shanghai Stock Exchange. Trading in SAIC Motor has been halted since Feb. 14 after its holding company, state...

Alibaba executives resign after fraud probe

Chinese e-commerce giant Alibaba said Monday its chief executive officer and chief operating officer had resigned after a probe found many suppliers had defrauded online customers. David Wei and Elvis Lee resigned as CEO and COO respectively, accepting responsibility after 1,107 ...

Dangdang sets up logistics site to aid strong web sales

Dangdang.com, a New York-listed Chinese company that mimics Amazon.com, announced yesterday it will set up a platform that brings together the country's leading express delivery companies and e-commerce firms keen on improving their logistical services. The planned site is ...

Alibaba execs resign over supplier frauds

China's top e-commerce operator Alibaba.com Ltd's chief executive officer David Wei resigned after the company found more than 2,000 members engaged in fraudulent activities, reflecting problems hidden behind the company's fast expansion over the past few years. Wei and the ...

China's Huawei withdraws from U.S. company purchase

China's Huawei withdraws from U.S. company purchase 2011-02-21 18:25:33 SHENZHEN, Guangdong, Feb. 21 (Xinhua) -- A leading Chinese telecommunication equipment manufacturer confirmed Monday that it would abandon its efforts to acquire assets of a U.S. computer company as ...

Huawei offers free mobile phone network for London tube

Chinese technology giant Huawei is offering to freely install a mobile phone network worth 50 million on the London Underground train system in time for the 2012 Olympics, a report said yesterday. Huawei would install mobile transmitters along the ceilings of tunnels so that ...

BHP chief confident of China's economic management

BHP Billiton chief Marius Kloppers expressed confidence in China's economic management and denied that his firm had caused a Chinesebid for arch-rival Rio Tinto to fail on Sunday . BHP posted a 72 percent surge in half-year profit to $10.52 billion last week as demand mounted for ...

GM to introduce more new models

General Motors recently said that it will bring more than 20 new and upgraded models to China in the next two years. Dan Akerson, the US automaker's chairman, made the announcement during his first visit to China last week. He said the company will strengthen local product ...

Reports: New Ford plant in Tianjin

Chinese media reports said that Ford Motor Co will likely build a new plant in north China, probably in Tianjin, with its Chinese partner Chongqing Chang'an Automobile Co. Ford now has a three-way joint venture with Chang'an and Japan's Mazda Motor Co, which runs vehicle plants ...

Honda to recall City and Fit cars in China

The joint venture between Honda Motor Co and Guangzhou Automobile Group Co will start a recall of 156,302 cars in China from Feb 25 to fix engine faults. It is part of Honda's global recall of nearly 700,000 cars due to the same problem. The recall in China will affect about 41...
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Retailer's Net Profit Falls 3%
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sports

Yao's gift of sport for all
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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
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