Shenhua Plans China's First Carbon Capture Project
Shenhua Group is developing a carbon capture and storage system for its coal-to-liquids plant in Inner Mongolia.
Daqing Field Q1 Crude Output 9.87 Mln Tons
China's largest oil field Daqing produced 9.87 million tons of crude oil in the first quarter of this year.
Lenovo to Focus on Emerging Markets, Consumer PCs
Lenovo CEO Yang Yuanqing detailed his firm's strategy focusing on emerging markets and the consumer segment.
Beijing Pre-owned Housing Surge May be Short-Lived
The surging sales of second hand houses may not sustain their surge if second-home buyers and investors do not enter the market.
CSRC Rejects Ningbo QL Electronics IPO Application
Ningbo QL Electronics Co. will return to investors the funds it raised in its initial public offering plus interest after securities regulator banned the company from listing.
How the Coke-Huiyuan Deal Fizzled Out
What seemed an ideal match-up between juice maker Huiyuan and Coca-Cola failed an antitrust review for more reasons than one.
China Coal Firms Jan-Feb Profit Up 15 Percent
China's major coal producers posted a 15 percent year-on-year profit growth in the first two months.
Steel Industry Hesitates on Futures Market
China's revived steel futures market has gotten a cold shoulder from big steelmakers but support from sales agents and regulators.
Steel Tax Rebate Not Enough: Analysts
Government's decision to raise rebates on steel product exports will do little to boost overseas sales, analysts said.
Shenhua Energy 2008 Net Profit Up
China's largest coal producer Shenhua Energy reported 30 percent growth of net profit in 2008.
Chinalco Wins 21 Bln in Financing for Rio Tie-up
Four Chinese banks will provide US$21 billion worth loan for Chinalco to fund its proposed investment in Rio Tinto.
China Coal Energy 2008 Net Profit Up
China's second largest coal producer reported 19 percent growth of net profit in 2008, due to rising coal prices and output.
Jan-Feb Industrial Profits Plunge 37 Percent
Chinese industrial companies'profits declined 37.3 percent year-on-year, led by electronics and telecommunications equipment enterprises.
Nonferrous Foreign Engineering to Buy Terramin Australia
State-owned China Nonferrous Metal Industry's Foreign Engineering and Construction Co. agreed to buy 15.5 million new shares of base metals miner Terramin Australia Ltd.
Yum! Brands' China KFC Partner To Sell 7 Pct Stake
Shanghai Jinjiang International Hotels Development said it plans to sell a 7 percent stake in a KFC restaurant venture it has with Yum! Brands Inc.
Fuel Price Hike Based on 20-Day Int'l Crude Price Variation
China's earlier fuel price hikes were based on the movements in global benchmark crude prices over 20 days, said NDRC.
Huiyuan Adjusts Focus as Coke Deal Fails
After its deal with Coke was shut down, Huiyuan is adjusting its business model to focus on the juice market.
PetroChina 2008 Net Falls 22 Percent
Petrochina posted a 22 percent decline of net profit last year, its first drop in annual earnings since 2001.
China Raises Gasoline, Diesel Prices
China raised domestic gasoline and diesel prices starting from March 25, in response to rising international oil prices.
Property Market Getting Warmer, Analysts Say
New home purchases are on the rise and analysts are optimistic about China's property market.
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