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Currying favor with the Chinese

By importing Indian food and opening more restaurants, the Zhuhai-based India Kitchen group is building a spices kingdom in China with an annual sales revenue beyond $10 million. "As the population from Arabic regions increases fast in China, we are seeing a large demand in curry ...

Korean retail giant Lotte to go it alone

South Korea's Lotte Department Store announced Wednesday that it will open 20 wholly-invested stores in China, trying to snap up more of the world's fastest growing economy amid an increasingly saturated retail market at home. The new plan will give the retail giant 20 department ...

Garbage dealing industry to see huge market chances

A guideline on dealing out with household garbage in urban areas has been submitted by 15 departments, including the Ministry of Environmental Protection, to the State Council for approval and is expected to be released at the beginning of 2011. The guideline would bring large ...

PepsiCo aims to put fizz back in business

PepsiCo Inc, one of the world's largest food and beverage companies, is trying to claim a bigger slice of profits and direct control of its business in the Chinese market. To achieve this aim it is seeking to buy back stake holdings from local business partners. Beijing Yiqing ...

China's tourism revenue up 20% in 2010

China earned 1.55 trillion yuan (234.8 billion U.S. dollars) in tourism revenues last year, an increase of 20 percent year on year, as the industry rid itself of the shadow of the global financial crisis. Further, some 2.1 billion domestic trips were made, up 11 percent from one ...

Living in the lap of luxury

Luxury-brand awareness is growing among China's super rich, who recognize 20 percent more of the lavish brands than they did last year, according to the Hurun Report, released on Tuesday. The 2011 Best of The Best Survey, which interviewed 401 Chinese mainland millionaires, each ...

Just the right prescription

Beijing Tongrentang Group Co Ltd, a traditional Chinese medicine (TCM) producer, plans to open three more stores in Europe and is looking for partners to set up shop in the United States, a company executive said. From its origins as a pharmacy which served the Chinese royal ...

Economy hotels set to surge

China's economy hotel brands are set for a rapid expansion this year with huge business potential, but a related issue is the urgent need to ensure order in the market between rivals, industry watchers said Sunday. The Nasdaq-listed Home Inns & Hotels Management Inc announced ...

MICE industry enters a bustling period

A visitor asks for information on events at the Meeting & Exhibition Hong Kong (MEHK) booth of a recent international business and incentive travel expo in Beijing. Industry insiders say China's top-three earning organizers of meetings, incentives, conventions and exhibitions ...

Farmer's instinct moves him to till various fields

Li Rucheng, the 59-year-old president of the Youngor Group, has witnessed the Ningbo economic resurgence and growth of a multinational corporation. The farmer-turned-garment-maker, together with his team, turned a basement workshop with several sewing machines into an enterprise ...

China's first capsule hotel to open in Shanghai

The first capsule hotel is opened in Shanghai. [163.com] China's first capsule hotel will be opened in Shanghai to attract many budget travelers with low prices, a Chinese newspaper reported Monday. The 300-square-meter hotel, located on the north side of the Shanghai Railway ...

NBA's Nash signs with China company

Toronto Raptors guard Jose Calderon tries to strip the ball away from Phoenix Suns guard Steve Nash (L) during the first half of their NBA pre-season basketball game in Toronto Oct 17, 2010. [China Daily via agencies] Rising Chinese sportswear company, Luyou, has delivered an ...

Investment amount in Shanghai Disneyland undecided

Shanghai authorities are still studying the Disneyland project and the total investment amount remains undecided, a government statement said Saturday. Shanghai has established committees for it but we are still in the research and policy-making stage, said Jiang Xujie, an ...

Japan : 'Cashmere Version' to promote UNIQLO knitwear

UNIQLO CO LTD launched its superior 2nd version of UNIQLOCK "Cashmere Version" from October 1 in a move to boost brand visibility and promote UNIQLO's cashmere knitwear worldwide. The number of page views for the original UNIQLOCK topped 30 million in 195 countries around the ...

Japan:UNIQLOCK bags two Gold Awards

UNIQLOCK has formed part of UNIQLO’s global promotion since the original blog parts were first launched in June 2007. Now UNIQLOCK has won the Best of Show in 2008 One Show Interactive, one of the world’s top three advertising awards. The high level of originality and creativity ...

20% reduction of water use should be realized in 11th Five-Year Plan Period

It is emphasized in the publication of the Ministry of Water Resources (MWR) - Target for Establishing National Water-saving Society during the 11th Five-Year Plan Period that China should reduce its water use per 10,000 Yuan GDP by 20 % till 2010. According to the statistics, ...

World Expo Culture Center Now Becomes The World`s Leading Entertainment and Sporting Arena in China

THE world`s leading automobile brand Mercedes-Benz obtained the naming rights of Expo Culture Center for a 10-year period from 2011 when the Shanghai Expo ends. It will be the first such entertainment and sporting arena in China to have a naming rights partnership, and it is the ...

Lin-Lee Duel Continues, China Dominates Badminton at Asian Games

Beijing Olympics and three time world badminton champion Lin Dan and world number one Lee Chong Wei will extend their long time duel to the 2012 Olympic Games while China once again dominates the event at the Asian Games. On the final day of the badminton competition, China won ...

T-Mobile Vibe mobile phone makes social networking easy

ZTE-made handset enables easy texting, social networking with slide-out keyboard 10 November 2010, Shenzhen, China -- ZTE Corporation ( ZTE - H share stock code: 00763.HK / A share stock code: 000063.SZ), has today revealed the T-Mobile Vibe, a stylish side-slider phone with a ...

ZTE keeps focus on R&D, LTE deployments

SHENZHEN, China--While acknowledging ZTE's relatively small presence in developed markets, company executives expressed confidence that the firm's approach to the global wireless infrastructure market will yield positive results in the coming years. That includes ZTE's ability to ...
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Latest World News

china

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 ...
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 ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

market

finance

Xinhua Feature: World's political, business leaders gather in Davos for WEF
Xinhua Feature: World's political, business leaders gather in Davos for WEF
DAVOS, Switzerland, Jan. 22 (Xinhua) -- The snow-covered Swiss town of ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...

company

industry

Super car club in commercial drive
Super car club in commercial drive
On the night of Nov 11, more than 150 super cars were driven into the ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...

trade

sports

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 ...
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 ...
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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