Category Archives: Business
Foreigners included in China’s social welfare system
By Wang Guanqun BEIJING, Nov. 7 — Foreign employees working in China have been required to pay into the country’s social security system since Oct. 15, according to a latest social insurance regulation. Once the details are rolled out, more … Continue reading
China’s cash-strapped small firms ring alarm bells
By Wang Guanqun BEIJING, Oct. 10 — China’s small businesses turned to be the first to ring the alarm as the country is walking a fine line between fighting inflation and maintaining growth. Some entrepreneurs have disappeared and others have jumped … Continue reading
Property sales in Chinese cities sluggish in August as price-curbing policies bearing fruit
By Wang Guanqun BEIJING, Sept. 13 — New home prices, property transaction volumes and residential land prices in major Chinese cities all fell in August, suggesting the policies aiming at cooling the housing market are taking effect. A report published by … Continue reading
Nintendo unveils new game system “Wii U”
BEIJING, June 8 — Japanese videogame giant Nintendo Tuesday provided a preview of its second-generation game system “Wii U”, aiming at meeting the standards of hardcore video players. Nintendo chief executive Satoru Iwata unveiled the new system at the opening … Continue reading
Microsoft sells over 2 mln Windows Phone 7 in 2010
BEIJING, Jan. 27 — Software giant Microsoft said on Wednesday it sold more than 2 million copies of its new Windows Phone 7 operating system to handset makers in 2010. That number represents the software units licensed to mobile handset … Continue reading
Yahoo’s Q4 earnings double but revenue fall
BEIJING, Jan. 26 — Yahoo Inc.’s quarterly earnings doubled in the last three months of 2010 despite its sales fell 4 percent, the Internet group announced Tuesday. The company’s revenue fell to 1.2 billion U.S. dollars in the fourth quarter … Continue reading
Google to hire more than 6,000 in 2011
BEIJING, Jan. 26 — Internet giant Google Inc. said it plans to hire at least 6,200 people this year in the company’s biggest expansion yet, according to media reports Wednesday. The hiring plan was announced on Tuesday by Google’s senior … Continue reading
Apple’s iPad to hit Chinese market Friday
BEIJING, Sept. 14 — Apple Inc. plans to begin official sales of its iPad tablet computer this Friday in China, the company announced on Monday. According to a Wall Street Journal report, the Wi-Fi models of the iPad will be … Continue reading
Apple manager pleads not guilty in kickbacks case
BEIJING, Aug. 17 — Apple Inc. global-supply manager Paul Devine pleaded not guilty to charges that he accepted kickbacks from Asian suppliers Monday. Devine, 37, was charged in a federal grand jury indictment last Wednesday with 23 counts of wire … Continue reading
Asustech unveils tablet PC “Eee Pad” to challenge Apple’s iPad
BEIJING, June 1 — Asustech Computer, a PC manufacturer of Taiwan, China, joins the race to challenge Apple’s iPad by introducing its own tablet PC named Eee Pad. Ahead of Tuesday’s start of Computex trade show in Taipei, Asustek said … Continue reading