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China / Business

Growth in exercise means distaff demand a better fit

[2017-03-28 06:57]

Many underwear retailers have begun to expand their sports bra categories, and they are confident that the growth in the sports undergarments sector will flourish, as more Chinese women get into the 'keep fit' mindset.

Local lingerie brands seek to fill gaps in market, meet needs

[2017-03-28 06:57]

When Victoria's Secret opened its Shanghai store recently, its model, Xi Mengyao, 28, a local, said she didn't really know where to buy inner wear until the famous US lingerie brand set up shop in her hometown. Her peers took Xi's confession with a pinch of salt though.

China Southern may sell stake to American Airlines

[2017-03-28 06:57]

China Southern Airlines Co said it is in talks to sell a stake to American Airlines Group Inc, betting big on the forecast of massive demand for travel between the two countries.

Micronesia to get AVIC unit's plane

[2017-03-28 06:57]

A Chinese aircraft manufacturer said on Monday it will deliver one Y12E aircraft to Micronesia this year.

Li Ning profit up 44 percent

[2017-03-28 06:57]

China's best-known sportswear maker Li Ning Co Ltd reported a 44 percent surge in net earnings last year to 643.3 million yuan ($93.5 million), boosted by a major asset selloff.

PetroChina's expected pipeline spinoff may soften profit blow

[2017-03-28 06:57]

HONG KONG - As PetroChina Co, China's biggest oil and gas producer, prepares to report what may be its worst-ever earnings, investors are focused on billions of dollars that could be unlocked by a spinoff of its massive pipeline network.

Sinopec sees Q1 profit up 150% on costlier crude

[2017-03-28 06:57]

HONG KONG - China Petroleum & Chemical Corp forecast that net profit for the first quarter of the year was expected to more than double on higher crude prices and stable demand, bolstering plans by the world's biggest oil refiner to raise capital expenditure for the first time in four years.

Vanke shares decline on upped impairment buffer

[2017-03-28 06:56]

Leading residential property developer China Vanke Co has lowered its outlook on the real estate market in 12 cities, due to concerns regarding the booming market.

French company to help manufacturing

[2017-03-28 06:56]

French electric equipment and automation company Schneider Electric SA has committed to stepping up efforts to boost the digital and intelligent transformation of China's manufacturing industry.

Cross-border zone for pet foods to help meet buoyant demand

[2017-03-28 06:56]

The domestic pet food market is expected to grow at an annual rate of more than 30 percent to reach 150 billion yuan ($21.84 billion) by 2020, making it the world's third-largest.

Jilin group sets goal of putting 60 satellites in orbit by 2020

[2017-03-28 06:56]

A private company in Jilin province - Chang Guang Satellite Technology Co - aims to launch 60 satellites into orbit by 2020. This is part of the province's push to renovate its manufacturing industry and transform itself into an aerospace technology hub.

'Paradigm' shift in data analysis promises change

[2017-03-27 06:46]

A special statistical modeling competition was going on in a well-decorated office in northwestern Beijing. The participants were a line of secretaries, human resource officers and marketing and public relations staff who knew nothing about the basics of coding and computer programming.

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