Drug major sees better China sales
2009-12-24 08:05:53
Drug maker Merck Sharp & Dohme (MSD) expects the pace of sales in China to accelerate due to government initiatives to improve public healthcare, said Michel Vounatsos, president of MSD China.
Mercedes-Benz: China sales to surpass UK, then US
2009-12-21 07:49:33
Due to robust sales in the world's most populous country, Mercedes-Benz expects China to unseat the United Kingdom (UK) as the company's third-largest passenger car market in the world in 2010.
Nissan JV nears benchmark of 1 million vehicles
2009-12-21 07:49:33
Full-year sales by Dongfeng Motor Co Ltd, the joint venture between Japanese carmaker Nissan Motor Co and its Chinese partner Dongfeng Motor Corp, are expected to surge 28 percent year-on-year to 905,000 vehicles, according to a recent statement from the company.
Qingdao Port, China Merchants form JV
2009-12-19 08:27:18
Port operator China Merchants Group and Qingdao Port on Friday said they are setting up a 6.22 billion yuan joint venture to build and operate a container terminal in Qingdao, Shandong province.
Esprit to buy JV stake from China Resources for $500m
2009-12-17 15:35:02
Fashion retailer Esprit Holdings will buy the 51 percent stake it does not already own in a retail joint venture with China Resources Enterprise for HK$3.88 billion ($500.6 million), according to a Hong Kong stock exchange filing.
SAIC, GM mull India JV
2009-12-04 08:50:05
SAIC Motor Corp, China's largest automaker, is close to an agreement to cooperate with General Motors Co on producing and selling vehicles in India, two people familiar with the talks said.
China issues regulation to encourage joint ventures
2009-12-02 15:34:24
China announced Wednesday a regulation to standardize and encourage the establishment of joint venture enterprises by overseas investors.
SF Express to enter air cargo industry
2009-11-27 11:38:37
SF Express will soon become China’s first private express delivery company to enter the air cargo industry, the Oriental Morning Post reported.
UCWeb bets big on surging 3G volumes
2009-11-24 08:11:38
Mobile phones will soon surpass personal computers as the preferred device for Internet users in China over the next three years, according to a top official of mobile Internet firm UCWeb.
Coca-Cola China assists AIDS orphans
2009-11-23 08:03:50
Under the leadership of Doug Jackson, Coca-Cola China has undertaken wide-ranging efforts to assist the orphans, some of whom carry the virus themselves.
Volkswagen Group will 'Strive to Win' in South China
2009-11-23 08:03:23
German Auto giant Volkswagen Group unveiled an ambitious strategy called "Strive to Win" to more than triple its sales in south China from 150,000 units to half a million annually.
Sina open to spin-offs of specialized portals
2009-11-18 07:58:13
Web portal Sina Corp yesterday said it remains optimistic on advertising growth next year and said it may consider spin-offs of some of its specialized portals.