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China's SAIC sees slower growth in fragile car industry recovery

2014-03-27 15:30:20| Auto Dealers - Topix.net

China's biggest automaker SAIC Motor Corp forecast revenue growth would halve in 2014 from last year to about 8 percent and warned a recovery in the industry remained fragile due to overcapacity and cut-throat competition.

Tags: car industry growth recovery

 

China's ZTE says 4G phones will be 40 percent of 2014 global smartphone shipments

2014-03-27 09:25:56| Wireless - Topix.net

ZTE Corp, the world's seventh-biggest smartphone maker, sees sales of 4G smartphones accounting for at least 40 percent of its global smartphone shipments in 2014, Zeng Xuezhong, ZTE's global head of mobile devices, told reporters at a Hong Kong press conference on Thursday.

Tags: global phones percent smartphone

 
 

Enforcement seen key success China's new environmental markets

2014-03-27 06:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China's plan for a market in air pollution permits promises to help clean up its air cheaply, but the move could prove just as useless as previous environmental policies unless the government stamps out lax enforcement and spotty data. Smog regularly blankets the country's major urban centers and kills half a million people each year. The news of plans to launch a market within three years demonstrates China's growing will to tackle environmental problems through market-based tactics, rather...

Tags: key success environmental markets

 

China's ZTE posts 133m profit

2014-03-26 14:02:26| BBC News | Business | UK Edition

Telecoms company ZTE makes a net profit of 1.36bn yuan (133m) in 2013 due to 4G product development and partnerships with international operators, the Chinese company says.

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China's Three Gorges replaces top executives amid graft probe

2014-03-26 08:19:30| Oil & Gas - Topix.net

China's Three Gorges Corp, which built the world's biggest hydropower scheme, has replaced its chairman and general manager, the company said, in the latest major reshuffle of a state-owned firm as the government steps up a fight on graft.

Tags: top probe executives amid

 

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