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China Daily Website

  • EA raises global crude oil consumption estimates

    2012-12-13 16:26

    The global oil consumption will rise 0.9 percent year-on-year in 2013 to 90.6 million barrels a day, according to the latest report from the International Energy Agency.

  • China's coal imports to grow 48% this year

    2012-12-13 16:24

    China's coal imports will grow 48 percent year-on-year to about 270 million metric tons this year due to the country's increasing energy demand to support its economic development.

  • BNP Paribas raises stake in Bank of Nanjing

    2012-12-13 16:21

    BNP Paribas SA raised its stake in Bank of Nanjing by 2 percent, the Chinese lender said in a statement on Dec 8, amid reports that France's largest lender plans to boost its stake even further.

  • Rio Tinto sells mine to Chinese-led consortium

    2012-12-12 17:46

    Rio Tinto Plc has reached agreement to sell its 57.7 percent share in South Africa's Palabora Mining Co for $373 million to a consortium led by Hebei Iron and Steel Group

  • China's railway investment continues apace

    2012-12-12 17:38

    China's total railway investment over the 11 months of this year reversed 15 months of decline previously, the Ministry of Railways said.

  • Charity postcards to raise funds for children

    2012-12-12 16:59

    Shangri-La Hotels and Resorts launched charity project Postcards from the Heart, on Tuesday, which will see a collection of postcards designed by children be sold from their China businesses to benefit the 5 Colours Foundation.

  • Man gets 5-year sentence for fake airline threat

    2012-12-12 16:38

    A man was sentenced to five years imprisonment by a court in the Xinjiang Uygur autonomous region on Dec 11 for making a fake report about an airline threat.

  • China's solar products exports drop sharply

    2012-12-12 15:50

    The export volume of China's photovoltaic solar products will drop to about $13 billion this year, down 40 percent year-on-year.

  • Imported LNG prices rise on increased domestic demand

    2012-12-12 15:40

    Chinese traders turned to foreign sellers for liquid natural gas because of a domestic supply shortage, which has raised the prices of imported LNG, said Shanghai-based energy consultancy ICIS C1 Energy.

  • SAIC expands commercial vehicles export

    2012-12-12 14:10

    China's leading car manufacturer SAIC Motor Corp Ltd is gearing up to export more commercial vehicles as sluggish demand plagues the domestic market.

  • China firms 'don't communicate enough'

    2012-12-12 13:46

    Poor information flow and difficulties contacting Chinese companies after the closing of bond deals is suppressing the investment appetite of international investors.

  • BYD to build plant in Bulgaria

    2012-12-12 13:32

    China's electric-vehicle maker BYD Co Ltd signed a joint-venture agreement on Tuesday with a Bulgarian partner to build an auto assembly plant in the country.

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