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  1. Strike forces Honda to halt China factories

    Posted May 28th 2010, 12:00am by Staff Reporter

    ... to 830,000 cars by the end of 2012, up 28 per cent from 650,000 at present. Independent trade unions are banned in China and collective bargaining is rare. The Communist Party-controlled All-China ... Neil Gough A 10-day-old strike at a key Honda component factory outside Guangzhou has forced Japan's No2 carmaker to suspend production in China, the world's largest ...

  2. Hopes go west as firms invest deep in the heart of China

    Posted Jul 14th 2004, 12:00am by Mark O'Neill

    ... of these arrears. The most recent scandal involved Zhang Zonghai, head of the city's propaganda department and a member of its Communist Party committee. He and the director of the city's power ... the elegant villa where he has lived for the past 51 years. A painter who came with the communist army, he was assigned the house in a mountain compound that became 'the painters' ...

  3. Business - Companies - TAKEOVERS

    Sinopec and ENN drop bid for China Gas

    Posted Oct 16th 2012, 12:00am by Sophie Yu, Denise Tsang

    ... Sophie Yu and Denise Tsang Hostile offer called off after failing to meet pre-conditions; joint ventures on gas supply formed Sinopec and ENN drop bid for China Gas The US$2.2 billion hostile takeover bid for China Gas Holdings by a consortium that included the mainland's second-largest oil firm, China Petroleum & Chemical Corp (Sinopec), fell through yesterday. Ending ...

  4. Deng's bold vision of change and challenges in equal measure

    Posted Nov 17th 2008, 12:00am by Cary Huang

    ... to political liberalisation. Despite facing continuous challenges at home and abroad to one-party rule, China's Communist Party remained politically secure, avoiding the widespread collapse ... responsibility system' Dec 13 Coca-Cola becomes first wholly owned foreign firm in China Dec 18-22 Third plenary session of Communist Party's 11th Central Committee endorses reform and opening ...

  5. Liaoning steelmakers to merge amid profits squeeze

    Posted Mar 09th 2011, 12:00am by Ed Zhang

    ... last year, and Benxi Iron and Steel Group, which produced 10 million tonnes. Wang Min, head of the Communist Party provincial committee, said the State-owned Assets Supervision ... Ed Zhang Rising costs, declining profits and nationwide overcapacity are pushing two of China's largest steelmakers towards a government-arranged merger, according to deputies now ...

  6. Business - Companies - LEISURE

    Emperor Motion Pictures signs mainland China cinema deal with UA

    Posted Mar 14th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Hong Kong company in partnership to open and run cinemas on the mainland, starting in 2014 Emperor signs cinema deal with UA The Hong Kong film company Emperor Motion Pictures is to set up a strategic partnership with UA Cinem ...

  7. Merchants eyes 15b yuan port project

    Posted Jun 16th 2009, 12:00am by Denise Tsang

    ... constructing as many as 10 berths in the fourth phase of the Zhangzhou port zone, said Liu Keqing, Communist Party secretary of Zhangzhou. The company's unlisted parent, China Merchants Group, ... Denise Tsang in Zhangzhou China Merchants Holdings (International) plans to invest in a 15 billion yuan (HK$17.01 billion) port development in Zhangzhou, Fujian, in a move to cash ...

  8. Business - Commodities - ENERGY

    China Gas, Sinopec near venture deals

    Posted Feb 21st 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com China Gas, Sinopec near venture deals City natural-gas distributor China Gas, which fended off a hostile takeover bid last year from rival ENN Energy and oil and gas major China Petroleum & Chemical (Sinopec), has made steady progress in negotiations with Sinopec on forming joint ventures, according to its finance chief. The two firms were ...

  9. China Shenhua wants to be the Wal-Mart of coal

    Posted Mar 29th 2011, 12:00am by Eric Ng

    ... tonnes. Coal sourced from third parties soared 62 per cent to 72.4 million tonnes. To dilute the impact from a state-ordered ban on price increases in coal contracts, China Shenhua plans to raise ... Eric Ng China Shenhua Energy has budgeted 15.9 billion yuan (HK$18.86 billion) this year to expand transportation and logistics infrastructure as part of its strategy to become ...

  10. Business - Companies - FOOD

    Mengniu sets up yogurt venture with Danone

    Posted May 21st 2013, 12:00am by CCC

    ... in China Mengniu jumped more than 10 per cent yesterday after the company said it will introduce the French dairy-foods maker Danone as a strategic shareholder, with the two firms agreeing to set ... experience and product innovation capability, as Mengniu seeks to move on from a series of food safety scandals. For Danone, the investment in Mengniu is its latest effort to expand in China after ...




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