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Daimler to invest 2 bln euros to expand its Chinese joint venture

German auto giant Daimler AG has signed an agreement with its Chinese partner Beijing Auto to invest 2 billion euros into their joint venture in the Chinese capital, allowing Mercedes to expand production of compact luxury SUVs, said the Chinese company on Wednesday. Under the ...

ASEAN sees business opportunities in central China province

Central China's Henan Province on Tuesday inked 127 investment projects with enterprises from member countries of the Association of Southeast Asian Nations (ASEAN) during an economic cooperation meeting in Zhengzhou, capital of Henan. Business conglomerates, including the ...

China, Germany sign $15 billion deals

China and Germany signed deals worth more than $15 billion on Tuesday as the leaders of the world's top two exporters set a target of doubling their annual trade by 2015. Premier Wen Jiabao and German Chancellor Angela Merkel attended the signing ceremony in Berlin. One of the ...

Companies seek post-quake opportunities in Japan

The effect of Japan's earthquake in March has been largely diminishing with staff returning to normal work and suspended projects being revived, said major Chinese software outsourcing companies. The earthquake and tsunami that struck Japan were a sudden blow to the companies as ...

Yihua Chemical plans expansion

Hubei-based Yihua Chemical Industry has planned expansion with an investment of 7.501 billion Yuan. The proposed expansion plan is for production of 600,000 tons of polyvinyl chloride and 500,000 tons of caustic soda. In the first phase, an amount of 3.75 billion Yuan will be ...

Panda Apparel offers Wonder Woman Pajamas

The Panda Apparel Group launches another fun and trendy product, Wonder Woman Pajamas. This exclusive new product enhances the existing line of super hero sleepwear the company already offers. Hollywood's love of classic comic book superheroes has sparked interest among fans ...

Guangdong fair yields deals worth $8.9b

Foreign-funded companies refocus on the Chinese domestic market DONGGUAN, Guangdong - Foreign-funded firms that were previously export-oriented sought to explore the booming domestic market at a recent fair to combat the aftermath of the global economic downturn. They clinched 5...

Shipping rates trade under way

ShanghaiI Shipping Freight Exchange Co on Tuesday started trading in China's first forward freight futures, allowing cargo owners, export manufacturers and shipping companies to hedge risk amid fluctuating shipping rates. "The new derivative is a key step towards expand shipping ...

China launches pilot project on pharmaceutical logistics

China's Ministry of Commerce held a on-site meeting last week in Beijing of pilot project on extended pharmaceutical logistics, implement the development outlines on pharmaceutical logistics as provided in the 12th Five-Year Plan , and to promote development of modern pharmaceuti...

Sino-UK trade set to boom, say expert

China and the United Kingdom will see bilateral trade and mutual investment boom in the coming years, experts and officials are predicting. "Frequent high-profile visits between the two nations will continue to inject new vitality into bilateral trade and investment relations," ...

Ministry: US export control disappoints China

A spokesman of the Ministry of Commerce (MOC) said Tuesday China is deeply disappointed at the United States' decision to withhold export control of high-tech products to China, saying such move was "discriminatory." "The persistent US discrimination against China is not in line ...

China's retailer Suning to raise stake in Japan's home appliance chain Laox

Suning Appliance Co., China's largest consumer electronics retailer, announced Tuesday it will raise its stake in Laox Co., a Japanese home appliance chain, to 51 percent. It will be the first Chinese company that holds proprietary in a Japanese firm after the deal is finalized. ...

Billion-dollar deals to be inked in Germany

China and Germany are set to sign multi-billion-dollar cooperation deals on Tuesday while visiting Premier Wen Jiabao holds "government consultations" with Chancellor Angela Merkel. Up to 16 Chinese ministers and vice-ministers will join the premier at the first round of ...

VW new auto plant in east China costs 9.1 bln yuan to build

Volkswagen AG, Europe's largest carmaker, on Tuesday said the company and its Chinese joint venture are investing 9.1 billion yuan (1.4 billion U.S. dollars) to build an assembly plant in eastern China which can produce about 300,000 auto units a year when it becomes fully ...

Japanese investment firm sets up joint venture in China's Tianjin

Japan Asia Investment Co.(JAIC), one of Japan's largest investment firms, has established an investment management company in the northern port city of Tianjin, a Chinese partner said Tuesday. The fund is a joint venture with China Binhai New Area Venture Capital Guiding Fund Co. ...

Chinese shoppers feel at home in UK stores (2)

According to China UnionPay's UK office, there is no transaction fee or currency conversion fee on purchases with UnionPay cards, and therefore to pay with a UnionPay card is more economical than other payment methods. Fashions, accessories, fine jewelry, cosmetics and fragrances ...

China signs $4.3 billion deals with UK

Trade deals worth 4.3 billion U.S. dollars, including a 2.46 billion U.S. dollars agreement on building a "clean coal" plant between China Energy Conservation and Environmental Protection Group and British Seamwell International Ltd, were signed as Premier Wen Jiabao met British ...

Guangdong fair yields deals worth $8.9b

Foreign-funded firms that were previously export-oriented sought to explore the booming domestic market at a recent fair to combat the aftermath of the global economic downturn. They clinched 5,960 agreements or letters of intent - an 11 percent increase over last year - valued ...

Guangdong fair yields deals worth $8.9b

Foreign-funded firms that were previously export-oriented sought to explore the booming domestic market at a recent fair to combat the aftermath of the global economic downturn. They clinched 5,960 agreements or letters of intent - an 11 percent increase over last year - valued ...

Panda Apparel adds Neon Purple color

The Neon Tees division of the Panda Apparel Group is introducing Neon Purple to their line. Bright with a capital B has been on top of the fashion trends for the past year. With the addition of neon purple, an exciting new offering is available to apparel decorators and the ...
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Latest World News

china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
The Political Bureau of the CPC Central Committee has decided that ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
Shell companies struggle to stay listed
China is planning to clamp down on back door listings. A back door ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
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 ...
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