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China Eastern Airlines to boost global market

China Eastern Airlines will boost its global market competitiveness to raise its international reputation, the carrier's chairman announced on Wednesday in New York. Liu Shaoyong, chairman of China Eastern Airlines Company Limited, one of the country's three major state-owned ...

U.S. 3M company plans new plant in China to produce green energy products

The 3M corporation will invest one billion yuan (about 152.8 million U.S. Dollars) to build a plant in Hefei, a city in east China's Anhui Province, to produce new energy products, including solar photovoltaic materials, authorities said Thursday. The construction of the plant is ...

China 'opening wider' for FDI

China will "open wider" to the world by encouraging foreign companies to invest, for the first time, in certain industries under a new draft regulating foreign investment, experts said. The select industries, in the recently released Foreign Direct Investment Industry Guidelines, ...

China to encourage foreign investment in emerging industries

China welcomes foreign investors in its "strategic emerging" sectors, the Shanghai Securities News reported Thursday, citing a draft guidance for foreign investment released by the Legislative Affairs Office of the State Council. According to the guidelines, China is to encourage ...

China to ban foreign investment in villas

China is to ban foreign investment in the construction of villas, apparently part of government efforts to cool the real estate market, Reuters reported. To tame the record-high home prices and control inflation, the government has tightened bank lending to domestic property ...

Overseas property vendors eager to sell in Beijing

The number of overseas property projects exhibited at the ongoing spring session of the Beijing Real Estate Expo doubled to more than 80 from last year, said the Expo's organizers on Thursday. The Expo, which kicked off on Thursday, attracted overseas vendors from more than 20 ...

Chinese investments encourage EU to reach Mercosur deal: EU official

China's major investments in South America are encouraging the European Union (EU) to try to wrap up a trade agreement with the Common Market of the South (Mercosur), head of the EU delegation in Argentina said Wednesday. "In a globalized and competitive world, all parties have ...

Raw materials prices in polyester value-chain plunge

In the last one week, price decline in polyester value chain is drastic because of, interest rate hike by the Chinese central bank. Earlier it was predicted that Central Bank of China, would go slow on change in the interest rates. Moreover, the unemployment data of USA turned ...

Garnet Hill launches lucy yogawear

Garnet Hill, a leading multichannel purveyor of quality women's apparel, children's clothing and home decor, announces the launch of a women's yogawear line on its website and in the pages of its catalog for Summer 2011. A chic collection of lucy activewear, including pants, tees...

Airbus targets Chinese market

Airbus plans to sell five new Airbus Corporate Jetliners (ACJ) in the greater China area each year during China's 12th Five-Year Period (2011-2015), the company announced in Shanghai on Wednesday. To boost sales in the Chinese market, the company adjusted the cabin design reflect ...

Crusoe unveils Indias largest innerwear EBO

The Coimbatore based Jagannath Textile Company Limited, a fast-growing integrated textiles manufacturing company has opened the country's largest Exclusive Brand Outlet (EBO) for men's innerwear under its popular brand name 'Crusoe'. The 1750 sq.ft store located in Coimbatore ...

2010 marks number of milestones for China Linen

China Linen Textile Industry Ltd, a China-based company engaged in the production and sale of linen yarn and various types of linen fabric, announced financial results for the fiscal year ended December 31, 2010. 2010 revenues increased 67.1% from $29.4 million to $49.1 million. ...

Fashion Mavericks applications for designers now open

After a fantastic Season 3 in February, Fashion Mavericks is back with another dose of fresh talent this September during London Fashion Week from Friday 16th 21st September 2011 and is located at Somerset House, WC2. September's edition of Fashion Mavericks will once again host ...

Big brands cash in on China's bling obsession (3)

STATUS SYMBOL When people are celebrating social affluence as reflected by soaring luxury consumption, some caution that the Chinese people's obsession with luxury could indicate blindness and irrationality. Zhao Zhongxiu, professor of economics at University of International ...

Big brands cash in on China's bling obsession (2)

BOOMING MARKET Gone are the days when luxury meant owning a colored TV set or dining out at a western fast food eatery such as McDonalds; Chinese consumers are now eyeing high-end luxury goods with ever more money in their once flat pockets. China's rapid evolution from a basic ...

China bans poultry imports from Netherlands to guard bird flu risk

China has banned the imports of poultry products from the Zeeland province of the Netherlands where an outbreak of H7N1 bird flu virus was reported on March 22, China's quarantine watchdog said. Any poultry and poultry products by mail or carried by tourists from the Netherlands ...

Dark clouds loom for airlines

Slower economic growth, rising fuel costs and high-speed railways may be dark clouds preventing domestic airlines from repeating their outstanding performance in 2010 this year. China's three biggest airlines soared last year as they tapped a rebound in the global economy and ...

High-speed rail cuts into airlines' success

The advantages of China's high-speed railways are becoming clear since they forced air authorities to suspend flight services between two major cities. All flights linking Wuhan, the capital of Hubei province in Central China, and Nanjing, the capital of Jiangsu province in East ...

Kevin Youkilis to endorse New Balance

Global athletic leader New Balance announced the signing of all-star and award-winning third baseman, Kevin Youkilis, to a multi-year endorsement contract. New Balance will be Youkilis official on-field footwear and on and off-field athletic footwear and apparel provider and will ...

VLOV maintains sharp focus on controlling costs

VLOV Inc, which designs, sources and markets VLOV-brand fashion-forward apparel for men aged 18-45 in the People's Republic of China, announced its financial results for the fourth quarter and full year ended December 31, 2010. Qingqing Wu, Chairman and CEO of VLOV, commented, ...
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world

market

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finance

company

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industry

sports

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