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Nation hikes petroleum prices
China raised gasoline and diesel prices by 320 yuan ($47) per ton, or 4 to 5 percent, starting Wednesday. The increase is the first price hike in five months and pushes…
Geely purchases Volvo for US$1.8 billion
China’s Geely Holding Group signed a binding deal Sunday to buy Ford Motor s Volvo Cars unit for $1.8 billion, representing a coup for the independent Chinese automaker which is…
Shoppers Go Crazy for Carrefour’s Business
Retailer embarks on strategic expansion on the back of high sales Beijing – It’s 1 a.m. one day during this year’s Spring Festival and hundreds of consumers are on a…
China says Google breaks promise, totally wrong to stop censoring
Google has “violated its written promise” and is “totally wrong” by stopping censoring its Chinese language searching results and blaming China for alleged hacker attacks, a government official said early…
China’s power consumption grows 40 % in Jan.
China’s electricity consumption in January 2010 grew 40.14 percent year on year to 353.1 billion kilowatt-hours (kWhs), the National Energy Administration (NEA) said in a statement on its website Friday.…
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