With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday. The merger ...
Tags: CSR Corp, CNR Corp, trainmakers
Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
Centric Software, Inc. which offers product lifecycle management (PLM) software for retail said it set record-setting growth in bookings, customers and geographic expansion in fiscal ending January 31, 2015. “Centric has earned its ...
Alcoholic and non-alcoholic beverages producer Thai Beverage (ThaiBev) has expanded its business with the establishment of a new venture in East Timor. The expansion forms a part of ThaiBev's strategy to invest around THB5bn ($153.2m) ...
Tags: Thai Beverage, Alcoholic beverages
China's auto sales accelerated in the first two months of this year, led by demand for sport utility vehicles and minivans. Retail deliveries of passenger vehicles increased by 16 percent to 3.49 million units in January and February, the ...
Tags: Auto Sales, SUV, Minivans
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...
Tags: Electric Cars, Battery Production
At a time when Chinese sportswear and casual attire makers were busy clearing their inventories due to a less clear-cut brand orientation, China's domestic high-end designer brands seem to be enjoying better fortunes. Chinese high-end ...
Tags: Apparel Brands, sportswear, casual attire
Chinese new energy vehicle maker BYD is planning to sell its electric vehicles to the South Korea market before the end of 2015, according to a senior company executive. BYD, a rising Chinese electric vehicle manufacturer, has brought its ...
Tags: Chinese Automaker, BYD, Electric Cars
China will stabilize its property market this year, with tailored, market-based policies to guide "stable and healthy development," according to the government work report delivered by Premier Li Keqiang Thursday.[Special coverage] ...
China's top economic planner said Thursday that Hong Kong was expected to play a bigger role in promoting the country's development. Xu Shaoshi, minister in charge of the National Development and Reform Commission, told a press conference ...
Chinese mainland stocks declined as the country's leader hints at an economic 11-year-low growth target. The benchmark Shanghai Composite Index fell by 0.95 percent or 31.06 points to 3,248.48 points on Thursday. The Shenzhen Component ...
Tags: Chinese stocks, Hang Seng Index
Polished diamond prices remained under pressure in February. Sentiment improved ahead of the Hong Kong International Diamond, Gem and Pearl Show taking place from March 2 to 6 but trading volume was low and liquidity tight in the ...
Tags: Polished Diamond, diamond prices
THE Shanghai Gold Exchange is preparing to link gold markets in the city and Hong Kong to strengthen China's gold pricing power, the exchange told Shanghai Daily yesterday. The disclosure came after Chan Sheung Chi, president of Hong ...
Tags: Gold
East China Fair (ECF) is the largest regional trade fair in China with the most traders, great variety of exhibits and the most onsite deals. With an annul 5-day session from March 1st in Shanghai, ECF is supported by Ministry ...
Tags: Footprints