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The volatile price of cotton is making times harder for China's textile industry, which has already been squeezed by higher labor costs and the appreciation of the yuan. Many textile makers, especially smaller concerns, increased their stock of the
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New Energy" or the "Company"), a vertically-integrated original design manufacturer and distributor of lithium ion batteries and consumer branded backup power systems, has established two separate credit lines with China -based asset management firms.
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At least 20 percent of domestic companies will be kicked out of the dairy market at the end of this month following the latest inspection by the central government of China's fresh milk and infant formula producers, official sources revealed...Fujian,
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Five-Year Plan (2011-2015) from the amount constructed during the past five years, in a bid to improve the company's energy access. The industry giant constructed 270,000 kilometers (km) of pipeline during the 11th Five-Year Plan (2006-2010),
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China's high inflation rate could continue well until the second or third quarter of this year, according to a survey of 56 leading economists. About 21 percent of the economists surveyed said the current high inflation rate may last until the third
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Chinese rules that bar a company from controlling two brokerages, the Shanghai Securities News reported Tuesday. Central Huijin Investment Co, the domestic investment unit of China's $300 billion sovereign wealth fund, according to the paper...Morgan
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The companies' revenues in the period totaled 3.58 trillion yuan, about 44.43 percent of the GDP. Paper-making and printing companies' net profit rose most, up 500 percent year-on-year...Industrial and Commercial Bank of China Ltd, the nation's
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Shares in China Southern Airlines were suspended Tuesday after the nation's biggest carrier by fleet size said it expected a government cash injection of 1.5 billion yuan (US$220 million). China's finance ministry awarded the funds to the airline's
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China's leading liquor maker Kweichou Moutai said Monday it will raise its average product price by 13 percent from Jan 1, a move expected to spark a wave of price hikes in China's high-end liquor industry. Moutai referred to "rising raw material
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