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Fake Apple store popular in Chongqing

An unauthorized Apple store is found in Southwest China's Chongqing municipality. A local watchdog called on Wednesday for an investigation to begin into an unauthorized Apple store found in Southwest China's Chongqing municipality. Yan Xin, an official from the publicity ...

GE moving X-ray unit to Beijing

General Electric Co's healthcare sector will move its X-ray global headquarters to Beijing from the United States. General Electric Co's healthcare sector will move its X-ray global headquarters to Beijing from the United States, demonstrating the company's interest in the fast...

AT&T prepares mid-Sept. iPhone 5 launch

AT&T is reportedly preparing for the launch of iPhone 5 in mid-September. U.S. telecom operator AT&T is preparing to launch the long-awaited Apple iPhone 5 smartphone in mid-September, AppleInsider.com has reported. AT&T told its employees to expect heavy customer traffic at its ...

Customers angry, staff defiant at fake Apple Store

Three new purported Apple retail stores opened recently in Kunming, Yunnan Province, have aroused a torrent of media attention since an American blogger reported them on her Web site. Customers at an Apple Store in the Chinese city of Kunming berated staff and demanded refunds on ...

Mercedes opens global design center in Beijing

German automaker Daimler AG inaugurated its fifth Mercedes-Benz Global Advanced Design Center in Beijing on Thursday, a sign of the growing importance of the Chinese automobile market's influence on the changing needs and trends in vehicles. It is the first functional design ...

'Apple retail stores' in Kunming: real or fake?

An 'Apple retail store' at 25 Zhengyi Road, Kunming, Yunnan Province. Three new purported Apple retail stores opened recently in Kunming, Yunnan Province, have aroused a torrent of media attention since an American blogger reported them on her Web site last week. The recent ...

China Mobile's former executive convicted of bribery

Zhang Chunjiang, former deputy general manger of China Mobile. A court in northern China's Hebei Province Friday sentenced Zhang Chunjiang, former deputy general manager of China Mobile, the world's largest mobile operator by subscribers, to death with a two-year reprieve for ...

Nielsen seeks demand on a 'watch and buy' basis

The mission of David Calhoun, chief executive officer of The Nielsen Company, one of the world's leading suppliers of marketing and media information, TV ratings, online intelligence and cell phone data, is to measure the world in a "watch and buy" way. David Calhoun, CEO of The ...

HTC unveils Flyer tablet computer

A customer views HTC mobile phones at a shopping mall in Shanghai. HTC Corp officially entered the Chinese mainland market on July 23, 2010, and has aggressively expanded its distribution channels in the past year. [CFP] Taiwan-based smartphone maker HTC Corp unveiled its first ...

Apple's sales in China grow sixfold

Apple Incs' third-quarter sales revenue in China surged sixfold year-on-year to $3.8 billion. [CFP] Apple Inc needs to improve its Chinese market strategy to match its surging growth in the country, industry experts told China Daily. According to its recent quarterly report, the ...

Huawei aims to buy extra from Taiwan firms

Huawei, China's leading telecommunications equipment maker, will increase purchases from Taiwan suppliers. Huawei, a leading information and communication technology solutions provider on the Chinese mainland, will increase purchases from Taiwan suppliers, a senior manager said ...

Baidu reaches agreement with music studios

Baidu Inc's Shanghai headquarters. Baidu users will be able to stream and download music from Universal Music Group, Warner Music and Sony Music Entertainment, the search engine said in a news release on Tuesday. [China Daily] Baidu Inc, China's biggest search engine by market ...

Shanghai VW reports robust H1 sales

Shanghai Volkswagen sold 526,960 cars in the first half of 2011, a 17.9 percent increase over the same period last year, about triple the 5.75 percent increase in the nation's overall passenger vehicle market. The 2011 edition of Lavida hits the market. [Photo/China Daily] The ...

Online market for medicines growing

With the rapid development of the Internet and the consequent changes in lifestyles and shopping habits, Chinese pharmacies are now further tapping into the online business-to-consumer (B2C) sector to raise profits. ForMe Drugstore, the largest chain drugstore in Shanghai, saw a ...

Android 3G sales take off for China Unicom

A China Unicom business hall promoting sales of the iPhone in Nanjing, Jiangsu province. China Unicom is the sole carrier in China that offers Apple Inc's iPhone series with a service contract. [China Daily] China Unicom (Hong Kong) Ltd, China's second-largest telecommunications ...

Keeping a cautious eye out

China Bluestar Group's headquarters in Beijing. The Blackstone Group supported Bluestar's acquisition of a chemical company in northern Europe for $2 billion. Provided to China Daily While private equity (PE) and venture capital (VC) institutions are pursuing pre-float deals with ...

Power goes out again on new railway

More than 30 bullet trains were brought to a halt by a power failure on the Beijing-Shanghai high-speed railway on Tuesday. That marked the second time a power loss has caused travel delays in the 12 days since the train began operating on June 30. Nearly 1,000 passengers are ...

Overcapacity being cut amid power shortages

The National Energy Administration said the government would work hard to eliminate obsolete capacity in industries such as steel and cement to control excessive growth of high energy-consuming industries. Liu Debin / For China Daily China will continue to phase out unneeded ...

China sees hot sales of luxury cars

China sees hot sales of luxury cars Luxury car makers reported strong sales growth on China's mainland for the first half of this year despite the government's phasing out of incentives. Sales of Mercedes-Benz, smart, AMG and Maybach jumped 59 percent year over year to hit a ...

Vehicle makers scour world for proven talent

A man riding through an auto sales market in Beijing. Among the attributes Japanese engineers bring is an understanding of environmentally friendly cars, an area where Chinese carmakers aim to compete with international brands. [China Daily] In 2009, the Chinese auto market ...
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Retailer's Net Profit Falls 3%
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sports

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Lucrative golf industry lures stiff competition
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