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China business News

25 May 2017

China's Lenovo says will not phase out its own phone brand

Lenovo Group chairman and chief executive Yang Yuanqing told Reuters on Thursday the company`s China business reorganisation will not affect its mobile business on the mainland.

03 Feb 2016

Yum Brands sales at established restaurants rise more than expected

Sales of established China stores rose 7 percent, also beating estimates of an increase of 1.9 percent.

23 Nov 2015

Chinese shares open mixed

The smaller Shenzhen index opened 0.02 percent lower at 12,699.15 points.

China service sector

03 Jun 2015

China service sector accelerates in May, new business up most since 2012

Activity in China`s services sector accelerated in May as new business rose at the fastest pace in three years, a private survey showed on Wednesday, a rare piece of good news for policymakers struggling to reviving a cooling economy.

06 Apr 2015

Hit by slowdown Chinese banks profits shrink to single digits?

Profit growth for China's five biggest banks slowed to single digits last year.

General Electric

03 Jul 2014

GE taps China CEO to lead Alstom merger

General Electric on Thursday said the head of its China business will transfer to France to lead the US company`s proposed buyout of Alstom`s energy businesses.

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