Net loss for the first quarter of 2013 was $13.2 million, compared to $13.7 for the same period last year while net revenues increased by 19% year-on-year
Total gold jewellery demand stood at 551 tonnes, up 12% year-on-year in the first three months, while jewellery demand in China rose 19% to a record 185 tonnes
Sales directly or indirectly related to public spending by officials account for roughly 40 percent of overall sales, said Moutai CEO.
Market value for the Chinese Internet bellwether topped USD 69.85 billion, higher than that of Facebook, only lagging behind Google, Amazon and eBay
This comes at a sensitive time for European telecom equipment suppliers, which are looking to increase their business in China.
Publicity surrounding H7N9 has had a significant impact on KFC sales despite the restaurant’s continuous efforts reminding consumers that properly cooked chicken is perfectly safe to eat.
The premium-car market in China slowed to 8.34% in the first three months, a whopping decline of as much as 80% from the same period in the previous year.
Analysts are expecting its domestic peers such as Anshan Iron and steel and Wuhan Iron and Steel to follow suit in steel price cuts to reflect weak demand.
China’s Commerce Ministry Thursday called for a dialogue between the two and a reconsideration of the decision as it warned danger of a trade war.
An attempt at the navigation map provider underlines Alibaba’s ambition and becoming “the world’s largest data sharing platform”.
Ren said Huawei has never sold any key equipment to U.S. leading telecom carriers or to U.S. government departments.
A source familiar with the case said Chinese Internet bellwethers including Baidu, Qihu 360 and Tencent are among the bidders
China consumed 320.54 tons of gold in the first quarter, up 65.34tons or 25.6% from the same period a year earlier, driven by recent plummeting prices
The average import duties will be about 46 percent, WSJ said, citing people familiar with the matter.
Total liabilities were 2.84 trillion yuan, compared with 2.80 trillion at the end of 2012, and 2.41 trillion at the end of 2011.
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