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China Daily Website

  • Ping An buys landmark Lloyds of London skyscraper

    2013-07-08 16:43

    Chinese insurer Ping An has bought the landmark London home of insurance market Lloyds of London for 260 million pounds ($387 million).

  • BAIC plans acquisitions in country, abroad

    2013-07-08 07:42

    BAIC Group, partner of Daimler AG and Hyundai Motor Co, plans to acquire one or two domestic automakers this year, said the company's senior management.

  • Hisense keeps expanding in South Africa

    2013-07-02 15:18

    Hisense entered the South African market in 1996 and now distributes to more than 3,000 chain stores and 500 home appliance stores.

  • Sinopec completes Chesapeake deal

    2013-06-29 17:04

    China Petrochemical Corporation (Sinopec) said on Saturday that it has completed the purchase of 50 percent of Chesapeake's share in its Mississippi Lime assets for $1.02 billion.

  • Sinochem takes large stake in US shale block

    2013-06-05 17:13

    Sinochem Group, a State-owned conglomerate involved in energy, agriculture, chemicals, real estate and financial services, has purchased a 40 percent stake in a US shale gas block.

  • San'an buys US lighting firm for $22m

    2013-06-05 17:04

    San'an Optoelectronics Co Ltd, an LED manufacturer in China, has purchased 100 percent of the equities of Luminus Devices Inc in the United States.

  • How ZTE is winning the US market

    2013-06-04 10:45

    ZTE's 85.7 percent surge in first-quarter sales compelled Strategy Analytics to name it the fastest-growing US smartphone vendor of the past year.

  • Chinese firms eye big potential in India

    2013-06-04 09:16

    Although Chinese investors have complained about their frustrating experiences in India, they hope for a bright future for their investments there.

  • Shuanghui to buy US pork producer

    2013-05-31 13:57

    Shuanghui International Holdings Ltd has agreed to pay $4.72 billion to acquire Smithfield Foods Inc.

  • Chinese firm to develop business park in London

    2013-05-31 08:12

    London's third financial district, a business park aimed at Chinese and Asian companies, will be developed by a Chinese company in East London.

  • Sany Group struggles for legal rights in US

    2013-05-30 11:23

    Huawei, ZTE and SANY group, three leading Chinese firms in their fields. What do they have in common? They are part of China Inc. that's facing hurdles overseas for so called security concerns.

  • Hot pot chain set to make splash in California

    2013-05-30 07:13

    Chinese hot pot is a cooking method that began in Mongolia more than a millennium ago, spread in popularity over the centuries.

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