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Vehicle Maker to Build Plant in India

Beiqi Foton Motor, China's largest light commercial vehicle manufacturer, Wednesday said it will build a US$387 million plant in India to tap the vast market potential. The plant, which will start production in July 2013, will have an annual capacity of 96,000 commercial vehicles ...

Wall Street Mixed ahead of Earnings and Slovakia Vote

The Wall Street closed mixed on Tuesday ahead of a new round of earning season and a key vote by Slovakia on expanding the euro zone rescue fund. The result in Slovakia was crucial as the plan must be passed by all 17 members using the euro. All other 16 countries have passed it ...

Evonik to build hydrogen peroxide plant in Jilin

Evonik Industries will build a new production plant for hydrogen peroxide (H2O2) in Jilin Province in northeastern China. An investment of more than one hundred million Euro in the project sees Evonik moving another step forward in its endeavor to access new sales markets for ...

China's Zhengzhou Nissan Auto to recall defective SUCCE cars

China's Zhengzhou Nissan Auto Company will recall 251 defective SUCCE 1.6L automobiles, according to a circular released Monday by the country's quality watchdog. The cars that will be recalled were produced between July 16 and Sept. 2 this year, the General Administration of ...

Ng Yat Chung replaces Ron Widdows

NOL Group said it has completed the transition to a new CEO and that Ng Yat Chung will take the helm of the global transport and logistics company 1 Oct. Mr. Ng, an NOL Executive Director since May, will succeed Ron Widdows who retires from the company 31 Dec. We have completed ...

NTA endorses China currency bill

The National Textile Association (NTA) strongly endorses S.1619, the Currency Exchange Rate Oversight Act of 2011. This pro-jobs, pro-growth, and pro-investment legislation is vital to nurturing America s struggling economic recovery and we urge you to vote to invoke cloture on ...

NAO audits China's top three steel firms

The National Audit Office (NAO) said Sunday that it is auditing the country's top three steel companies to ensure that they have implemented a steel industry plan issued in 2009. China published the Blueprint for the Adjustment and Revitalization of the Steel Industry during the ...

Textile Special: Bringing a noble, elegant, yet leisurely quality to life

Workers apply traditional techniques to fiber spinning. A Jiangxi textile company has found a way to use modern technology to make ramie fiber for top textile fabric for sale on the Chinese and international markets. Ramie comes from an Asian shrub and was the earliest natural ...

Int'l firms trying hard to build image in China

German chemical company BASF SE set up a community group in southwest China's Chongqing municipality last month to seek the opinions of local residents regarding a massive chemical plant project that is being invested in by the company. Local residents have showed strong ...

Group-buying sites entering gold market

The gold bugs who are now flocking to special websites to buy the glittering metal at supposedly discount prices may be subjecting themselves to risks, warn investment advisers and lawyers. In the past few months, the price of gold has increased in both domestic and international ...

Geely denies Saab interest

The owner of Volvo AB cars, China 's Geely Holding Group, said it has no plans to seek ownership of struggling car maker Saab AB, denying a Swedish newspaper report on Thursday. Saab has scarcely produced a car for six months and is in desperate need of money under a court-backed ...

JAC Motors to invest US$500 mln in Brazil plant

China's automobile maker JAC Motors on Friday announced it will invest 500 million U.S. dollars in its first overseas plant, which will be located in Brazil's northern state of Bahia. Years of strong economic growth and a rapidly growing middle class have made Brazil the fourth ...

China sends French satellite into space

China's Long March-III2 rocket carrier sent a French-made telecom satellite into orbit from the Xichang Satellite Launch Center Friday afternoon, marking the first time for China to provide launch service for a European satellite operator. It was also the 148th launch for the ...

We Wear is our new brand identity - AAFA

The American Apparel & Footwear Association (AAFA) unveiled a new brand identity at its semi-annual Board of Directors meeting in Washington, D.C. AAFA s new We Wear brand identity will allow the Association to clearly communicate who the industry is, what the industry does, and ...

Chinese Apple fans pay tribute to visionary Jobs

Chinese Apple fans poured out grief and regret Thursday over the death of the company's visionary co-founder Steve Jobs, saying they believe the new iPhone 4S is just "iPhone for Steve." "I was really shocked when I woke up and heard the news in the morning.It is like a giant ...

China's electronics and IT sector continues to grow in Jan.-Aug.

China's electronics and information technology (IT) sector continued to expand in the first eight months of this year but companies faced growing pressure from higher costs and slower income, according to latest official data. The value-added output of manufacturers in the sector ...

Microblogs help remote village reap profits

Watermelon farmer Ren Hongyu was never particularly impressed by microblogging, and if it were good for anything, he certainly didn't see how it could benefit him. But turns out, Ren was wrong, as microblogging drastically increased his sales. Ren resides in the remote rural town ...

Petrochemical industry Jan-Aug output up 34.9 pct

The output of China's petrochemical industry rose 34.9 percent year-on-year to 6.4 trillion yuan (1 trillion U.S. dollars) in the first eight months of this year, according to China Petroleum and Chemical Industry Federation (CPCIF). Of the total output value, 2.02 trillion yuan ...

China's crude steel output rises 10.6%

China's crude steel output increased 10.6 percent year-on-year to 469.28 million tonnes in the first eight months, according to the National Development and Reform Commission (NDRC). The growth rate was 4.7 percentage points lower than that in the same period a year ago, the ...

Investment in China's electronics and IT sector surges 67.7 pct in Jan-Aug

Fixed-asset investment in China's electronics and information technology sector soared 67.7 percent year-on-year during the first eight months of this year, according to the Ministry of Industry and Information Technology (MIIT). The investment upsurge was driven by local ...
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Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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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
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Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
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finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
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Boeing Wins Biggest Order of US$26b
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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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