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  • Web retailer upgrades passion for cheap goods

    2010-06-16 15:09

    In 1998, Liu Qiangdong sacrificed higher pay at a Japanese-owned company to man a lonely Zhongguancun booth selling CD writers, following his father's penchant for business.

  • Kai-Fu Lee sees fast growth in mobile Internet, e-commerce

    2010-06-03 16:56

    E-commerce and mobile Internet will enter a pace of fast development in the next few years in China, Kai-Fu Lee, the chairman and CEO of Innovation Works said in Beijing on Monday.

  • Ping An appoints new top executive

    2010-06-02 16:08

    Ping An Insurance (Group) Co of China, the country's second-largest insurer, announced June 1 it will appoint Ren Huichuan as group vice president and the head of insurance business, replacing Dominic Leung, who resigned and became the company's principal consultant.

  • Huawei hires ex US official as adviser

    2010-06-01 15:37

    Chinese telecommunications equipment maker Huawei is reported to have hired an ex official from the Bush administration as its adviser, in a bid to make inroads into the US market.

  • China Mobile sees management reshuffle

    2010-06-01 11:20

    China Mobile Group on Monday appointed Wang Jianzhou, chief executive of its listed affiliate, to chair its newly-established board of directors and Li Yue succeeds Wang to become the group's general manager.

  • Seeking out the youth market online

    2010-05-31 09:54

    Writing in a blog two months ago, Wang Lifen announced the launch of her independent Internet television platform and said farewell to a 15-year career as a journalist with CCTV, the largest national television network.

  • Facebook unveils new privacy tools

    2010-05-27 14:54

    Facebook co-founder Mark Zuckerberg unveiled his company's revamped privacy tools at a press at its Palo Alto headquarters, according to media reports Thursday.

  • Shenzhen Development Bank CEO resigns

    2010-05-26 14:23

    Shenzhen Development Bank Co chief executive and chairman Frank Newman has resigned, the Beijing News reported Wednesday.

  • Online food guru finally 'tastes' success

    2010-05-24 14:16

    Before Zang Li set up the successful website fantong.com, he worked as a mechanic and an extremely successful financial broker.

  • China Eastern to begin seeking investors this year

    2010-05-22 14:10

    China Eastern Airlines, one of China's three major carriers, hopes to start the work of introducing strategic investors within this year, China Business News reported Friday, citing the carrier's chairman, Liu Shaoyong.

  • CIC appoints new senior execs

    2010-05-21 11:25

    The board of directors of the China Investment Corp (CIC), the nation's sovereign wealth fund, passed the resolution to appoint 48-year-old Peng Chun as the company's executive vice president and 46-year-old Fan Yifei as the executive vice president and deputy chief operations officer.

  • Fred Hu takes the private path, to float $10b PE fund

    2010-05-21 09:38

    High-profile dealmaker and former Goldman Sachs top Asian executive Fred Hu has decided to launch a $10 billion private equity (PE) fund after exiting from the race for a senior position in the nation's central bank, sources familiar with the matter said on Thursday. Overseas talents eyeing China chance

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