McDonald's New Rice-Based Menu For China Is Getting Horrible Reviews
Source: BusinessInsider
Xinhua :: China | updated 2013-06-14 07:35:59 -0700 | business-news
China is a tough space for McDonald's, which lags behind rival Yum!...Foods' reach, and is instead focusing on improving the quality of its menu. It's probably this ambition that the company had in mind when it decided to launch a...
China's self-developed biofuel test flight successful
Source: Chinadaily
Xinhua :: China | updated 2013-04-24 03:03:00 -0700 | business-news
Sinopec , China's top oil refiner, announced the success of the first test flight powered by the company's newly developed aviation biofuel product on Wednesday. An Airbus A320 owned by China Eastern Airlines landed at Shanghai Hongqiao International Airport at...
DreamWorks sees global potential in Tibet Code
Source: Chinadaily
Xinhua :: China | updated 2013-06-08 00:16:22 -0700 | business-news
Popular Chinese adventure novel series The Tibet Code will be turned into an animated film with the potential to become a global blockbuster, Jeffrey Katzenberg, CEO of DreamWorks Animation, has told Xinhua. "I just think it's a fantastic story.
Major step for gas field in South China Sea
Source: Chinadaily
Xinhua :: China | updated 2013-05-23 23:33:30 -0700 | business-news
A major section of the Liwan 3-1 offshore gas field project in the South China Sea was completed, the Xinhua News Agency reported on Thursday. The topside portion of the central platform, the largest in Asia, was put in place...The...
Soy oil price fall continues
Source: Chinadaily
Xinhua :: China | updated 2013-05-23 22:13:22 -0700 | business-news
Average soy oil prices in major cities across the country had dropped 2.5 percent by May 17 compared with the end of April. In some cities, the price drop was as large as 8.5 percent, according to Xinhua...Industry analysts said...
Public microfinancing to benefit 2m Chinese in 2013
Source: Chinadaily
Xinhua :: China | updated 2013-04-24 11:46:28 -0700 | business-news
China's largest microfinancing company for public welfare is expected to benefit roughly 2 million rural Chinese people by the end of 2013. Micro finance in 1998 to help alleviate poverty by offering microfinancing solutions to rural residents. The company reported...
China's probe of European wine not retaliation
Source: Chinadaily
Xinhua :: China | updated 2013-06-13 00:37:06 -0700 | business-news
The investigation launched by the Ministry of Commerce of China is in response to requests and complaints from Chinese wine producers, the spokesperson said. "The decision complies with the World Trade Organization rules and China's anti-dumping and countervailing regulations.
China's retail sales up 12.9% in May
Source: Chinadaily
Xinhua :: China | updated 2013-06-13 00:33:18 -0700 | business-news
Retail sales grew 12.9 percent year-on-year to 1.89 trillion yuan ($306.8 billion) in May, picking up from the 12.8-percent rise seen in April, the National Bureau of Statistics said in an online statement. The growth was slower than the 14.5-percent...
Pressure on employment is growing: China
Source: The Economic Times
Xinhua :: China | updated 2013-04-25 05:29:11 -0700 | business-news
China today acknowledged growing pressure on employment as the registered urban unemployment rate stood at 4.1 per cent despite creation of 3.42 million new jobs in the first quarter of this year. Employment pressure is increasing as the number of...
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