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China Daily Website

  • Chinese firms join in Pakistani projects

    2013-02-01 14:59

    A Foreign Ministry spokesman on Thursday said Chinese companies have been actively involved in Pakistan's foreign cooperation projects.

  • Chinese to invest more in EU

    2013-02-01 10:03

    Despite operational issues such as cultural differences and high cost of personnel, Chinese investors generally see the European Union as being open to foreign investment, and are willing to increase investment there, a survey has found.

    Released by the EU Chamber of Commerce in China on Thursday, it found that Chinese investors consider Europe's business environment to be less welcoming compared with Africa, the Middle East and Latin America, but more welcoming than North America and Southeast Asia.

  • Chinese investors bullish on Europe: survey

    2013-01-31 20:54

    Chinese companies are optimistic about investing in Europe even though the continent is still struggling with the sovereign-debt crisis, a survey showed Thursday.

  • US approves Wanxiang's $257m purchase of A123

    2013-01-31 10:40

    A US government panel has approved the purchase by China's biggest auto parts maker, Wanxiang Group, of nearly all the assets of A123 Systems Inc.

  • ICBC sets up subsidiary in Sao Paulo, Brazil

    2013-01-25 17:20

    Industrial and Commercial Bank of China Ltd, the world's largest lender by market value, said on Friday it has set up a subsidiary in Sao Paulo, Brazil, Latin America's largest economy.

  • China investment supports jobs in America

    2013-01-24 07:02

    Increasing Chinese companies started to choose the US market as a place that they would like to have operations, which means new jobs for Americans.

  • Chinese firm to invest $1.36 b in Chile

    2013-01-23 14:13

    China's Sky Solar Holdings, a solar-energy developer, plans to invest $1.36 billion in Chile, the firm announced Tuesday.

  • Russian region woos Chinese investors

    2013-01-18 10:36

    Russia's Primorye Territory will strengthen investment cooperation with China, Governor Vladimir Miklushevsky has said.

  • Wahaha partners with Manchester United

    2013-01-16 15:26

    Chinese food company Wahaha Group Co Ltd said on Wednesday it will enter a partnership with the English Premier League soccer club Manchester United.

  • Great Wall Motors' JV awarded in Bulgaria

    2013-01-16 13:18

    Litex Motors Corporation, a joint venture of the Chinese private automaker Great Wall Motors won Bulgaria's award "Investor of the Year 2012".

  • COSCO considers acquiring majority stake in Greek port

    2013-01-16 09:32

    China Ocean Shipping (Group) Co, the country's largest State-owned shipping conglomerate, is considering acquiring a 60 percent stake in Greece's largest port, which is at Piraeus, according to media reports on Monday.

    The amount of the deal could reach 1 billion euros ($1.33 billion), according to a Reuters report, which said that COSCO plans to present the investment proposal after Athens decides what procedures it will follow on the privatization of its two largest ports in Piraeus and Thessaloniki.

  • Peak to reach top of US market

    2013-01-15 09:43

    At the crossroads of Melrose and Harper avenues in Los Angeles, it's hard not to notice the distinctive bright red logo shining brightly.

    The sign is above the new flagship store of Peak Sport Products Co Ltd, which represents the latest effort by the Chinese sportswear brand to raise its visibility and profile in the United States.

    Occupying 250 square meters, the outlet sells the full range of the company's sports products including running and training wear, and of course basketball shoes, its core product.

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