CITIC oil in 2010 Hong Kong-listed CITIC Resources Holdings said yesterday that it will start producing its first domestic crude in the second quarter of 2010 in the Bohai Sea off the coast of North China. The offshore Yuedong oil field would peak at around 36,000 barrels per day (bpd) in 2014, ...
Taiwan tourism boost Tourists from the Chinese mainland poured $764 million into Taiwan's economy last year, as ties rapidly improve between the mainland and the island, the Taiwan-based China Times reported Saturday. Some 370,000 mainland tourists visited Taiwan since July 2008, and each tour...
U.S.-based FedEx Corp recently said its express parcel delivery business in China will continue to grow, and the company will expand its presence in western China, Dow Jones Newswire reported. The business that the company launched in China in 2007 is growing well, and its key selling point is a high...
Reader's Digest Association Inc, which owns the best-selling Reader's Digest consumer magazine in the U.S., says its business in China will not be affected by its U.S. headquarters' bankruptcy filing, a representative of the magazine's mainland Chinese publisher said on Tuesday, the official Xinhua News...
The EU will focus on promoting decent business practices and efforts to tackle climate change in China
Coca Cola Co Ltd, the U.S.-based soft drink giant, plans to develop its own juice business across China following the rejection of its bid for China Huiyuan Juice Group Ltd<1886> by the Chinese government, said Doug Jackson, president of Coca-Cola China, the Shanghai Daily reported on Thursday....
Shanghai, June 11 (Gasgoo.com) A spokeswoman for Chrysler's China unit said its China business is operating normally and will be incorporated into the new Chrysler Group LLC, based on the agreement with Fiat, Shanghai Daily reported today.
Shanghai, May 4 (Gasgoo.com) After its bankruptcy filing and future alliance with the Italian automaker Fiat S.p.A. Chrysler's international subsidiaries are not part of the Chapter 11 filing and its business in China is going on as usual, xinhuanet.com reported today.
Robert Bosch GmbH, the world's largest supplier of automobile components, said on Tuesday its business in China jumped 25% in 2008 despite a global economic downturn, the Shanghai Daily reported. Consolidated sales in China, which include automotive and industrial technology, consumer...
Waste Management Inc, a U.S.-based integrated waste services provider, plans to seek business opportunities in power generation in China, according to a report released on Tuesday by a Japanese news agency,David Steiner, chief executive of Waste Management, said the company is planning to...