Gome to Close 100 Stores In 2009
Gome, which has been hit hard by its founder Huang Guangyu's scandal, plans to close around 100 outlets this year.
Panasonic Unit in Talks to Sell Stake in Beijing CRT Venture
Panasonic is in talks with Chinese partner BOE to sell its stake in Beijing CRT Venture.
China to Loosen Control on Publishers
The government is set to ease limits on publishers by broadening licensing in the next three to five years.
Manager for 20-Bln-Yuan Shipbuilding Fund Approved
The NDRC approved the establishment of a firm to manage China's Shipbuilding Fund, a move to boost the ailing industry.
Steel Mill Chairman Sentenced, Released
The court ruling on Dai Guofang draws the curtain on a sad drama that shuttered a steel mill.
Battle over Asia Aluminum's Debt Plan
A Chinese aluminum company's debt restructuring plan has triggered an acrimonious battle between the company and foreign holders of its debt.
China Power Output Down 3.5% In Early April
The further decline indicates that consumption remains weak and further signs of economic recovery are yet to come.
China Eastern Sees Return to Profit In 2011
China Eastern Airlines said it will return to profitability by 2011 through cost cuts, further government aid and new bank financing.
Citic Pacific's Crisis: More Real than Rumor
Rumor denials were frequent at Citic Pacific before a police raid and Larry Yung's resignation confirmed serious trouble.
China's Q1 GDP Growth Slows, Industrial Value-Added Output Up
Without structural change of the economy, the recovery will only be temporary.
China's Private Air Carriers Losing Altitude
A weak economy, stakeholder conflicts and policy advantages for state-owned carriers are threatening the private airline sector.
Shell In Talks with Chinese Company for Joint Iraq Oil Field Bids
In return, Shell hopes to get support from CNPC for a production sharing contract for a gas field in China's southwestern province of Sichuan.
Hard Landing with Hope for East Star Air
While a court and creditors sort out the financial mess left by defunct East Star Airlines, a bigger carrier is mulling a takeover.
Shipbuilder Rongsheng To Go Ahead With Listing Plan
In 2008, the company put its IPO plan on hold amid shrinking orders as trade collapsed due to the global economic downturn.
Citic Resources 2008 Net Down 27.8 Percent
The company is hurt by writedowns on the value of its oil assets after a late-year decline in oil prices.
Ping An Says 'Worst Is Over' With Its Fortis Deal
Company official said the company has made sufficient provisions for investment losses due to its exposure to struggling European financial group Fortis.
Outlook - China Export Decline To Slow In March
But experts said there is still room for raising tax rebates by around 2 percentage points.
Baosteel Still under Pressure from High Inventories
Baosteel is still under pressure from high inventories that started building up during last year's economic slowdown.
Huadian Power to Raise 3.5 Bln Yuan via Share Placement
China's major power producer Huadian Power International plans to raise up to 3.5 billion yuan by share placement.
Tea with Liu Chuanzhi
Liu Chuanzhi describes his life as having had two distinct phases - before and after the creation of what is now Legend Holdings.
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